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
Praveenshankar Pandya is Chairperson of GJEPC
Mumbai: Results for the elections for the posts of Gem & Jewellery Export Promotion Council (GJEPC) Chairperson and Vice Chairperson; and for the Committee of Administration of Panel Members and Regional Chairpersons for the period 2015-17 were declared today. Praveenshankar Pandya of Revashankar Gems and also Chairperson of Diamond India Ltd, was elected Chairperson of the GJEPC. Russell Mehta, CEO of
First M-E Jewellery Designers’ Forum Successful
Dubai: The ‘First Middle East Jewellery Designers’ Forum’ saw a successful launch during the recently concluded ‘Mid-East Watch and Jewellery Show Sharjah’. Initiated by The New Jeweller Group, the First Middle East Jewellery Designers’ Forum was a historic moment as Leading Jewellery Designers of the Middle Eastern region enthralled the participants with their best of designs and creativity. The Forum
India’s First Rough Auction on 21st to 25th Nov
Mumbai: The first auction of rough diamonds at the newly set up India Diamond Trading Centre (IDTC) in the Special Notified Zone (SNZ) at Bharat Diamond Bourse (BDB) will be held from November 21 to 25, according to media reports. The 4,000 square feet of SNZ facility, which has world-class amenities, will facilitate direct sourcing of rough diamonds to small
Zimbabwe Seeks Partners to Explore kimberlites
Harare: Zimbabwe said it has more than 100 kimberlites dotted across the country, but is need of partners to establish if they are economical. Zimbabwe currently has a single operational kimberlite mine, Murowa Diamonds in Zvishavane, which was 78-percent owned by Rio Tinto until recently. The second known kimberlite mine, River Ranch, was currently mothballed. There were reports of a
Demand for Indian Gold Jewellery to Rise
Mumbai: India’s gems and jewellery exporters are set to shine brighter than domestic retailers. Positive signs from export destinations such as higher disposable income and consumer spending as well as improvements in consumer confidence is set to support export volumes of gems and jewellery, maintain analysts. An economic recovery is also set to benefit exporters, reports Mineweb.com. Indian exporters are
IGI Becomes Premier Affiliate Sponsor of NCDIA
New York: The International Gemological Institute (IGI) has joined the Natural Color Diamond Association (NCDIA) as its first premier affiliate member. With an aim to educate consumers and increase global demand and desire for natural color diamonds, NCDIA is a not-for-profit, membership-based organization. Beyond the record-breaking blue and orange diamonds sold recently at auctions, the association has been working to
ADB to Participate in Int’l Diamond Week
Ramat Gan: The Israel Diamond Exchange (IDE) announced that a delegation of the Antwerp Diamond Bourse (Beurs voor Diamanthandel) will join colleagues from the Diamond Dealers Club of New York to take part in the International Diamond Week at the Israel Diamond Exchange, from Monday, September 1 to Thursday, September 4. “We’re very pleased that the Antwerp Diamond Bourse will
EGL International Clarifies…
Ramat Gan: EGL International Managing Partner and CEO Guy D. Benhamou has categorically refuted claims made on a regional television station in the United States that EGL’s grading standards were lower than those of its competitors. He added that it was untrue that EGL had been contacted for comment on the case by the TV station as claimed in an
