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
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Telangana (India) Sitting on Bed of Diamonds
Hyderabad: The perennially drought-hit Mahbubnagar district could well turn out to be another Golconda, once famous as a city where diamonds were sold in heaps at roadside shops. The district, known for its large-scale annual migration of labour, is virtually sitting on diamond mines that could change the fortunes of the nascent Telangana state, experts say, according to a report
Ronnie VanderLinden Re-elected President of DMIA
New York: The membership of the Diamond Manufacturers & Importers Association of America (DMIA) held its second annual General Meeting of the year on August 5th, electing a new Executive Board and Board of Directors. The incumbent President Ronnie VanderLinden was re-elected. He is joined on the Executive Board by Vice Presidents Saul Goldberg, Eli Haas, Fred Knobloch, Sheldon Kwiat
World Diamond Council's AGM in Moscow
Moscow: The World Diamond Council (WDC) will hold its Annual General Meeting (AGM) in Moscow, Russia this year from October 12 to October 14. The AGM will start with one of two sessions of the WDC Board of Directors on the afternoon of Monday, October 12. A number of high profile speakers are expected to address the opening session on
IIJW Ended with Grand Finale
Mumbai: The fabulous India International Jewellery Week 2015 powered by GIA came to a glorious end with the dual Grand Finales, which featured the superb collection by the Thai Gem and Jewellery Traders Association as well as the “Best of the Best Show”. Stylized chandeliers hung from the ceiling of the ballroom at the Hotel Grand Hyatt, and a black
IDE to Hold Raffle Promote Israel Diamond Week
Ramat Gan: Diamond buyers arriving at the Diamond Dealers Club of New York (DDC) for the Israel Diamond Week in New York can take part in a special raffle and a chance to win a free flight and guaranteed, free hotel accommodation for the next edition of the Israel Diamond Week that will take place February 8-12, 2015, at the
WDMF and JTR Sign MoU: Launch Magazine
Hong Kong: The World Diamond Mark Foundation (WDMF), and the Turkish Jewellery Exporters Association (JTR) signed a Memorandum of Understanding during a joint press conference held to announce the stepping up of cooperation between the WDMF and JTR. The MoU was signed in the presence of other Turkish partners, such as Borsa Istanbul and HRD Antwerp Turkey. At the press
Israel Holds Diwali Celebration at Bourse
Ramat Gan: Israel Diamond Exchange (IDE) President Shmuel Schnitzer has held a festive reception for the Indian diamond community working in Israel to mark the start of the Diwali festival. The celebration has become a traditional event at the bourse, taking place for the seventh year in a row. The event was held in the presence of India’s ambassador to
Kalyan Jewellers Raises $196M from Warburg Pincus
Mumbai: Kalyan Jewellers India Pvt. Ltd, a Kerala-based jewellery retailer, has raised Rs 1,200 crore ($195.6 million) from private equity firm Warburg Pincus, which also marks the second biggest bet on an Indian company ever by the PE firm, reports vccircle.com. In a separate filing with Competition Commission of India (CCI), Warburg Pincus had said it is acquiring 24 per
