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
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SGBS to Add Glitter to Gold Investors
Mumbai: The sovereign gold bond scheme is an attractive product and may address the pure investment demand for gold, says India Ratings and Research (Ind-Ra). Gold sovereign bonds may triumph over other comparable products in the market such as gold exchange traded funds and physical bars, and can lead to a reduction in India’s current account deficit. Also, gold sovereign
IDW in Israel from 14 to 18 Feb, 2016
Ramat Gan: With the fourth edition of the Israel Diamond Week in New York behind us, the organizing committee of the International Diamond Week in Israel (IDWI) has begun the preparations for the event’s winter edition that will be held at the Israel Diamond Exchange (IDE), February 14-18, 2016. Moti Fluk, the IDWI’s parting chairperson, said he expected the February
Diamcor Readies for “Largest” Rough Tender
Johannesburg: Diamcor Mining said it is preparing a diamond inventory for its “largest” tender to date, with about 6,800 carats of rough diamonds recovered from its Krone-Endora project in South Africa set to go under the hammer. It said in a statement that rough diamonds in this initial tender of the company’s third fiscal quarter ending December 31, 2015, would
Indian Trade Groups Probe GIA Data Breach
Mumbai: India’s Gems and Jewellery Export Promotion Council (GJEPC) and the Bharat Diamond Bourse (BDB) have formed a joint committee to investigate the alteration of Gemological Institute of America (GIA) diamond grading reports, according to The Times of India (TOI). The GIA last week published the names and suspended the accounts of 19 firms implicated in the alleged computer hacking
CIBJO Pays Tribute to Vasant Mehta
Milan: The World Jewellery Confederation (CIBJO) mourns the passing of Vasant Mehta, a prominent leader of the Indian diamond and jewellery industry, who passed away yesterday at the age 81. A former chairman of the Gem & Jewellery Export Promotion Council (GJEPC), a position he filled from 2008 to 2010 after two terms as vice chairman, he represented the Indian
Vasant Mehta, Illustrious Leader of G&J Industry Dies
Mumbai: The Indian gem and jewellery industry has lost one of its most respected statesmen. Vasant Mehta, former Chairman of the Gem & Jewellery Export Promotion Council (GJEPC), passed away today, leaving behind a remarkable legacy built over several decades of dedicated service to the industry. A second-generation diamantaire, Mehta graduated from Calcutta University and moved to Mumbai in 1966,
BSM Brazil 2027 Returns to São Paulo with Expanded International Presence
São Paulo, Brazil: Following the remarkable success of its previous editions, Buyer Seller Meeting (BSM Brazil) will return to São Paulo in April 2027, further strengthening its position as Latin America’s premier international B2B event for the diamond, gemstone, jewelry and precious metals industries. Organized with the mission of connecting qualified buyers and leading international suppliers, BSM Brazil 2027 will welcome an even larger number
Israel’s Diamond Industry Under Severe Pressure
Mumbai: Israel’s once-prominent diamond industry is facing one of the most difficult periods in its history, with veteran traders reportedly leaving the business and searching for alternative livelihoods. A recent report by Ynetnews has highlighted the depth of the crisis at the Israel Diamond Exchange in Ramat Gan, traditionally one of the world’s important diamond trading centres. According to veteran
