We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
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Zimbabwe Ups Levy for Miners to Fund Exploration
Harare: The Zimbabwean government is said to have increased a mining levy to fund exploration activities as it transforms the Minerals Marketing Corporation of Zimbabwe (MMCZ) into a state exploration company. Zimbabwe had vast mineral wealth spanning diamonds, platinum, gold, nickel, chrome and coal among other natural resources. However, much of the minerals remained underground and there was no much
WFDB Imposes Sanctions on a Belgian Company
Antwerp: World Federation of Diamond Bourses (WFDB) has announced that it implemented sanctions against the Belgian company BVBA KARDIAM, based in Antwerp. According to the announcement published by WFDB, the company has allegedly supported “armed groups or criminal networks in the Central African Republic through the illicit mining and trade in natural resources, including diamonds and gold”. On 21 August
Diamond Detection Expo & Symposium in Mumbai
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) in association with Bharat Diamond Bourse (BDB) will be organizing the Diamond Detection Expo & Symposium (DDES 2015) on Dec 15-16, 2015 at the BDB in Mumbai. The two-day event aims to provide a platform for companies offering machines & equipment for the detection of synthetic diamonds, as well as leading
VicenzaOro Dubai from 14th April 2016
Dubai: VICENZAORO DUBAI (VOD), organized by DV Global Link – a joint-venture company between Fiera di Vicenza and the DUBAI World Trade Centre (DWTC), will “open a new chapter in the worldwide jewellery industry” as the unique networking platform designed for the Jewellery Business Community in Dubai; one of the world’s top trading hubs for gold, jewellery, gemstones and diamonds.
Gold Smuggling Arrests Jump 750% YoY in India
Mumbai, 14th April: While cases of gold smuggling in India have jumped 265% from 40 in 2012-13 to 146 in 2013-14, the number of people arrested has shot up by 750%, from 30 in 2012-13 to 255 in 2013-14, data from the Directorate of Revenue Intelligence shows, according to a report published in Mineweb. “Gold imports through the legal channel have
