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
KGK Opens Diamond Mfrg. Factory in Botswana
Gaborone: KGK Group last week opened a cutting and polishing factory in Gaborone, Botswana. The new factory is 1000 sq. meter facility, which incorporates the latest diamond cutting technologies and has a staff complement of 55 Batswana and 35 expatriates. KGK Group plans to cut and polish diamonds worth an average $1.5 million every year. The opening of the new
India's Interest in Diamond Ex'ge at Vladivostok
Vladivostok: The first Eastern Economic Forum (EEF) held in the Russian Far East has resulted in the signing of agreements worth a total of 1.3 trillion rubles (about $18.9 billion). Mr. Vipul Shah, Chairman of India’s Gem and Jewellery Export Promotion Council (GJEPC), in a chat with Sputnik, stated that India is one of the largest polishers of diamonds, while Russia
Hope Spinel for Sale for First Time Since 1917
London: The “Hope Spinel,” once owned by famed gem collector Henry Philip Hope and part of the same collection as the famed Hope Diamond, is being offered for sale for the first time since 1917. Set in a 19th century silver and gold brooch, the 50.13 carats octagonal-cut stone is the size of a small plum. Auction house Bonhams is
India is a Global Power: Ali Pastorini
Panama: Marketing Director of the Panama based World Jewellery Hub (WJH) and owner of the much acclaimed jewellery brand Del Lima Ms. Ali Pastorini says, “I do not think there is any question that India is a global power today, sharing a status held by just a handful of countries, such as Italy, the United States, China and Thailand, each
International Diamond Week Postponed
Ramat Gan: The Israel Diamond Exchange announced today it is postponing the summer edition of the Israel Diamond Week, originally scheduled for September 1-4. The exchange quoted the continuing tensions in the region as the chief reason for the postponement. In a statement IDE President Shmuel Schnitzer said that “in view of the recent events in our region, the board
Limited-Edition Gold and Diamond Ingots for Sale
Toronto: Ouroboro Diamonds of Rare Color has announced the release of the “Oro,” a limited-edition gold and diamond ingot. The “Oro” is made from one troy ounce of 24-karat (99.99% or .9999) pure yellow gold. Each ingot has a round, brilliant-cut, D-color, Internally Flawless diamond of at least 0.25 carats – certified by the GIA – embedded at its center.
Zimbabwe Eyes More Antwerp Diamond Auctions
Harare: Zimbabwe is set to conduct diamond auctions in Antwerp, Belgium, before it convenes its own domestic exchange in November this year. The Herald newspaper quoted mines and mining development minister Walter Chidhakwa as saying that Harare was looking at one or two auctions in Antwerp between now and November. He also said that the planned local auction would coincide
India's Silver Demand Down by 75%
Mumbai: The demand for Silver in India has fallen rapidly since the start of the current fiscal year, said Indian Bullion and Jewellers Association (IBJA) in its latest report. The association cites scarce monsoon and buoyant stock markets as the key factors that led to the sudden drop in demand for Silver in the country, reports metal.com. The country’s silver
