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
4th Israel Diamond Week in New York from 19th Oct
Ramat Gan: For the fourth time since the two bourses began cooperating, the Israel Diamond Exchange (IDE) and the Diamond Dealers Club of New York (DDC) will be holding an Israel Diamond Week in New York. The upcoming edition of the event is scheduled for the week of October 19-22, 2015, and will be held on the trading floor of
DMCC Plans 'Burj2020 District' Concept
Dubai: The Dubai Multi Commodities Centre (DMCC) has unveiled its ‘Burj2020 District’ concept; a mixed-use urban destination that it says will “connect the world of business with the heart of trade to drive Dubai’s next generation of growth.” The new area, which was unveiled at the 2015 Cityscape Global Conference, will comprise of ultramodern towers and will total more than
IDI Readies for Anti-Money Laundering Law
Ramat Gan: Israel Diamond Exchange members will soon be subject to government supervision of cash payment policies as part of new anti-money laundering regulations, state Diamond Controller office Shmuel Mordechai told bourse members on Tuesday, according to the IDE website. The first part of the new policy goes into effect on September 15. By mid-October, IDE members will be subject
India’s Gold Schemes Get Govt. Approval
New Delhi: The cabinet of the government of India today announced the launch of Gold Sovereign Bonds (GSB) and a separate Gold Monetization Scheme (GMS) in a bid to lure away Indians from buying physical gold. Both the gold schemes announced today were part of the annual Budget proposal. The salient features of both the gold schemes are: The sovereign
Divine Solitaires, SGL Launch ‘Know Your Diamond’ Zone
Mumbai: The initiative equips Divine Solitaires’ reputed partner jewellers with advanced screening technology that can help verify key characteristics of diamonds,including whether a diamond is natural or laboratory-grown, checking laser inscriptions andverifying Hearts & Arrows (H&A). The screening machines will be provided as inventory to premium Divine Solitaires partner jewellers, enabling consumers to access the technology free of charge at
Sky Gold & Diamonds Acquires Purvi Gems
Mumbai: Sky Gold & Diamonds Ltd., (Sky Gold) one of India’s leading jewellery manufacturers and exporters, has successfully completed the acquisition of 100% equity shares of Purvi Gems & Jewellery (India) Private Limited, a company engaged in the manufacturing of uncut and precia jewellery and related products. Following the completion of the acquisition on October 7, 2026, Sky Gold is
‘UNNATI’ to Power Women in G&J Industry
Surat: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of India’s gem and jewellery industry, yesterday launched ‘UNNATI – Powering Women in Gems & Jewellery’, a national mission to drive women in the sector learn, lead and grow as skilled professionals, entrepreneurs and future leaders. Beginning with its Gujarat chapter at Sardar Patel Smruti Bhavan, Surat, UNNATI
QDE Widens its Scope with CIBJO Membership
Doha: The Qatar Diamond Exchange (QDE) has been admitted to membership of CIBJO, the World Jewellery Confederation (CIBJO), the international jewellery industry’s principal representative and standards-setting body. QDE joins as a National Association Member, extending the exchange’s international standing beyond the diamond trade into the wider diamond, coloured gemstone and jewellery sector. QDE’s membership was approved in CIBJO’s centenary year.
