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
Sarine Opening Allegro Service Center in Jaipur
Jaipur: Sarine Technologies Ltd has announced the opening of its first Allegro™ service center in Jaipur, India. The system provides automated gemstone planning and shaping services. The Allegro™ was developed by Galatea Ltd, Sarine’s wholly-owned subsidiary. The system provides automated, highly accurate evaluation, planning and precise shaping of rough gemstones. Using 3D laser mapping technology, it measures the rough gem
Diamonds May Be Common, Deep in the Earth
New York: Diamonds are not exactly as rare as you may think. New research suggests that they can form through a previously unknown reaction, and they may be widespread in the rocks far beneath our feet. “Diamond formation in the deep Earth, the very deep Earth, may be a more common process than we thought,” said Johns Hopkins University geochemist
RBI Issues Guidelines for Gold Schemes
New Delhi: The Reserve Bank of India (RBI) on Friday issued detailed guidelines on the sovereign gold schemes aimed at curtailing the physical demand for the yellow metal. Prime Minister Narendra Modi on Thursday launched the Sovereign Gold Bond (SGB), Gold Monetisation (GMS) and the Indian Gold Coin (IGC) schemes. The SGB scheme, which will be issued by the government
Light up Your Diwali with Platinum Jewellery
Mumbai: Diyas, lanterns and bright lights everywhere mark the beginning of the festivities, starting with Dhanteras that holds special significance due to customary purchases of precious metals on this day. This Diwali gift your near and dear ones precious platinum – a naturally occurring white metal. Celebrate the festival of lights with a gift of love that symbolizes eternity, purity
Antwerp Diamond Trade Fair in February 2015
Antwerp: The organizers of the Antwerp Diamond Trade Fair (ADTF) announced the 2015 dates of this unique by-invitation-only international loose diamond trade show. The sixth edition of the ADTF will open its doors on Sunday, February 1st, and close on Tuesday, February 3. The ADTF’s dates are in sync with those of other prestigious jewellery industry events in the region
Angola Sets 10M Carat Output Target in 2014
Luanda: Angola, the fourth-largest diamond producer in the world, aims to ramp up production this year, setting itself an output target of 10 million carats. “This year we have an ambitious target of 9.5 million carats in production and 550,000 carats in artisanal production, which means we have to produce 10 million carats,” said Angola Geology and Mining Minister Francisco
India's Diamond Imports' Get 180 Days' Credit
Mumbai, 8th July: The Reserve Bank has relaxed norms governing import of rough, cut and polished diamonds by doubling the credit time period to 180 days. “…it has been decided, in consultation with the government, that the Clean Credit i.e. credit given by a foreign supplier to its Indian customer/ buyer, without any Letter of Credit (Suppliers’ Credit)/Letter of Undertaking
Kiran Gems Gives First Melee Screening Machine
Mumbai: Kiran Gems, the world’s largest manufacturer of diamonds, had the first [De Beers] International Institute of Diamond Grading and Research’s (IIDGR) diamond Automated Melee Screening (AMS) machine commissioned at its headquarters in the Bharat Diamond Bourse (BDB), Mumbai. AMS is currently the most advanced machine with the latest technology in CVD screening. Dinesh Lakhani, director of global sales said:
