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
GIA Introduces Digital-Only Grading Report
New York: The Gemological Institute of America (GIA)’s grading lab has introduced the Diamond Focus Report, a new digital-only report for smaller diamonds that costs around $20. The reports will be issued for natural D-to-Z color round brilliants, weighing between 0.15 cts. and 0.29 cts. They will be issued with a GIA laser inscription with their report number. The results
Angola’s H1 Diamond Sales Up 35pc to $573m
Luanda: Angola’s diamond sales leaped 35 percent year-on-year in the first half of the year to $573 million from the 4.2 million carats sold. Angolan daily newspaper Jornal de Angola, citing the General Tax Administration, was quoted by Macauhub as reporting that Angola earned $426 million in the first half of 2014 from 4.1 million carats sold. The country’s overall
GIA Bans Five Indian Companies
Mumbai: The Gemological Institute of America has banned five Indian companies from further submissions to its grading lab, alleging they inscribed diamonds with GIA report numbers not associated with those gems, reports jckonline. “We reasonably suspect that stones submitted under your client account, and other accounts for which we believe you to be partnered, have been inscribed with preexisting GIA
6th IIJW Inaugurated in Mumbai
Mumbai: The much awaited 6th edition India International Jewellery Week (IIJW) was inaugurated on Monday by the Bollywood actress and Brand Ambassador of the Gem & Jewellery Export Promotion Council (GJEPC) Ms. Sonam Kapoor in presence of Mrs. Amruta Fadnavis, designer-cum-politician Ms. Shaina NC, Chairman of the GJEPC Mr. Vipul Shah, Convener of the IIJW Mr. Sanjay Kothari and other
India's Jewellery Exports Up by 25% in June
Mumbai: The silver jewellery exports from India surged by 25.06% year-on-year to touch $134.52 Million (Rs. 803.50 crores) during the month of June this year while its gold jewellery exports too soared by 24.96% year-on-year to $664 Million (Rs 3966.07 crores), in accordance with the latest data released by the Gem and Jewellery Export Promotion Council (GJEPC). According to GJEPC,
‘Next Generation’ Gemstone Report Disclosure
London: Gemstone miner Gemfields and Gubelin Gem Lab have announced what they call the “next generation” of disclosure on laboratory-issued gemstone certificates. Unlike current gemstone certificates, which are issued without disclosing the identity of the party presenting the gemstone to the laboratory for a report, Gubelin Gem Lab will offer its clients the option of including their names included on
De Beers Revenue +15% to $4B
Gaborone: Anglo American’s group underlying earnings rose 3 percent to $1.284 billion for the first half that ended on June 30 and De Beers contribution of $469 million reflected an increase of 59 percent. The second greatest contribution to Anglo’s profit, of $443 million, came from the iron ore and manganese unit. Anglo’s profit attributable to shareholders jumped 263 percent
India’s Rough Imports Inceased by 16.19%
Mumbai: India’s cut & polished diamond exports for month of June 2014 has registered $1,469 million (2,695,000 carats), showing a decrease of 0.66 percent against $1,478.81 million (2,806,000 carats) during June 2013, according to the provisional figures announced by the Gem & Jewellery Export Promotion Council (GJEPC) of India. For the period of April 2014 to June 2014 too, cut
