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
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
First Sustainable Pearls Forum Talks Held
Hong Kong: The Sustainable Pearls Forum took place June 20th in Hong Kong, bringing pearl industry leaders around a table to discuss the importance of sustainability to cultured pearls. This event included companies such as Paspaley, Robert Wan, Jewelmer, Tiffany & Co. and Mikimoto. The Forum highlighted the potential of pearls as pioneers of sustainability in the jewellery industry and
Indian Companies Shine at 2014 JNA Awards
Hong Kong, 12th Sep: The 2014 JNA Awards has recognized a number of India-based companies for their contribution to the global jewellery and gemstone industry. JNA has named Anoop Mehta, president of the Bharat Diamond Bourse (BDB), as recipient of the Lifetime Achievement Award – the most prestigious honour conferred by JNA – while five of India’s major diamond manufacturers
Multibank is First Fin. Inst. to Secure Office in PGJC
Panama: Panama’s Multibank has become the first financial institution to secure office space in the Phase I building of the Panama Gem & Jewelry Center (PGJC). Providing a range of banking products and services, the Panama City-headquartered bank also has operations in Costa Rica and Colombia, a representative office in Peru, and is the main company in the Multi Financial
NCDIA Elects New President, Board
New York: The Natural Color Diamond Association (NCDIA) has elected new officers and a new board. Jordan Fine, JFine, will serve as group president; Alan Bronstein, Aurora Gems, will serve as vice president; Breanne Wittrock, Gunderson’s, will also serve as vice president; and Jeffrey Post, Gem Platinum, will serve as secretary/treasurer. Also on the board are David Shara, Optimum Diamonds;
