We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Top News
New Diamond Exchange Proposed in Lisbon
Lisbon: A new diamond exchange, which is a private project with private investors, may kick off its operations in Lisbon, presumably in two or three years from now. Though the whole venture is so far in the making and ‘not all is guaranteed yet’, in the words of Vitor Rita, its Project Manager, it has its location almost set and
Gold Jewellery Demand +6% in Q3 2015: WGC
Mumbai: Demand for gold jewellery increased 6 percent in the third quarter of 2015 according to the World Gold Council’s (WGC) Gold Demand Trends report. Demand hit 632 tons compared to 594 tons in the third quarter of 2014. According to the WGC, consumers in India, China, the US and the Middle East took advantage of lower prices in July
Anglo American Makes Changes to Top Mgmt.
Gaborone: Anglo American has made a number of changes, effective January 1, 2016, to its top management to enable what it calls, “a dedicated focus on both the group’s marketing business and the evolution of the strategy.” Among the changes, Bruce Cleaver, De Beers’ executive head of Strategy and Corporate Affairs, has been appointed group director – Strategy and Business
Hong Kong Indian Diamond Association Formed
Hong Kong: Hong Kong-based Indian diamond companies formally launched the Hong Kong Indian Diamond Association (HKIDA) – an organization aimed at protecting and promoting the natural diamond trade – during an inauguration ceremony on November 5, reports JNA. Mr. Ramesh Virani, chairman of HKIDA, cited the support and commitment of the association’s 35 founding members, which include the largest Indian
Divine Solitaires, SGL Launch ‘Know Your Diamond’ Zone
Mumbai: The initiative equips Divine Solitaires’ reputed partner jewellers with advanced screening technology that can help verify key characteristics of diamonds,including whether a diamond is natural or laboratory-grown, checking laser inscriptions andverifying Hearts & Arrows (H&A). The screening machines will be provided as inventory to premium Divine Solitaires partner jewellers, enabling consumers to access the technology free of charge at
Sky Gold & Diamonds Acquires Purvi Gems
Mumbai: Sky Gold & Diamonds Ltd., (Sky Gold) one of India’s leading jewellery manufacturers and exporters, has successfully completed the acquisition of 100% equity shares of Purvi Gems & Jewellery (India) Private Limited, a company engaged in the manufacturing of uncut and precia jewellery and related products. Following the completion of the acquisition on October 7, 2026, Sky Gold is
‘UNNATI’ to Power Women in G&J Industry
Surat: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of India’s gem and jewellery industry, yesterday launched ‘UNNATI – Powering Women in Gems & Jewellery’, a national mission to drive women in the sector learn, lead and grow as skilled professionals, entrepreneurs and future leaders. Beginning with its Gujarat chapter at Sardar Patel Smruti Bhavan, Surat, UNNATI
QDE Widens its Scope with CIBJO Membership
Doha: The Qatar Diamond Exchange (QDE) has been admitted to membership of CIBJO, the World Jewellery Confederation (CIBJO), the international jewellery industry’s principal representative and standards-setting body. QDE joins as a National Association Member, extending the exchange’s international standing beyond the diamond trade into the wider diamond, coloured gemstone and jewellery sector. QDE’s membership was approved in CIBJO’s centenary year.
