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
Global Diamond Production +11% to $14B in 2013
Gaborone: Global diamond production by value rose 11 percent year on year to $14.09 billion in 2013, due mainly to an increase in the average price of rough diamonds, according to annual data published by the Kimberley Process Certification Scheme. By volume, global production increased 2 percent to 130.48 million carats, while the average price of production grew 9 percent
PDE President to Present Project in India
Panama: With more than 40 of the 59 available offices in the Phase 1 building of the Panama Gem & Jewelry Center already accounted for, Erez Akerman, President of the Panama Diamond Exchange (PDE), is visiting the Indian cities of Mumbai and Surat, and then New York, where he is meeting with companies interested in obtaining space in Latin America’s
Bunder’s Education Initiatives Deliver Strong Results
Bhopal: Rio Tinto’s Bunder project in the central Indian state of Madhya Pradesh announced the results of a number of educational initiatives aimed at improving opportunities for families in the 15 communities surrounding the diamond project. Through a range of coaching initiatives and adult education programs the Bunder project is working towards its goal of enhancing opportunities in the local
The 31st Edition of IIJS Ended with Success
Mumbai: The 31st Edition of India International Jewellery Show (IIJS) ended today with a success note. The show was organized from 17th to 21st July 2014 by the Gem & Jewellery Export Promotion Council (GJEPC) with over 850 plus exhibitors occupying about 1800 booths from India and Overseas. Over 35,000 genuine buyers from all over India and abroad visited the
