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
DS to Set Synthetic Screening Service in Shanghai
Hong Kong: Diamond Services has announced that it will begin offering synthetic diamond screening services directly to the Chinese diamond trade through the facilities in Shanghai of NGGC, the state-owned gem laboratory that is one of the largest grading institutes in China. The synthetic diamond screening service will begin on November 2. Diamond Services, which was established in 2012 in
Chairman of GJEPC Discusses Industry Issues
Mumbai: Mr. Praveenshankar Pandya, the newly elected Chairman and Mr. Russell Mehta, the Vice Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) addressed their inaugural Press Meet on Tuesday where they focused on some of the issues faced by the gem & jewellery industry and enlisted the industry’s budgetary demands. Commenting on the slowdown in the global market,
PNG Jewellers Opens Showroom at Fremont, USA
Mumbai: The latest international showroom of PNG Jewellers was launched in Fremont, California on 16th October at 6 PM by Bollywood Actress Preity Zinta. PNG Jewllers is one of the most reputed jewellers in the country, with over 183 years of legacy and has been growing to be an international brand since past two decades. They have proudly presented their
Taliban Reportedly Involved in Gold, Lapis Trade
New York: The Taliban is illegally mining gold and controls access to a source of lapis lazuli, according to a United Nations Security Council report on Afghanistan issued in August. The report, issued by the council’s sanctions monitoring team, quotes Afghan officials as saying Taliban forces have gained control of an illegal gold mining operation in Arghistan, Afghanistan. The fundamentalist
AGL Celebrates Five Years under New Management
New York, 15th April: American Gemological Laboratories (AGL), a provider of high-quality gemstone analysis and reporting is celebrating its five-year anniversary under the stewardship of Christopher P. Smith. “Five years ago, AGL was re-privatized during one of the most difficult periods the US and world financial markets have experienced in recent decades. AGL, however, had a good reputation and we did
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
