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
India’s Polished Exports Down 9% in May
Mumbai: Overall exports of gems and jewellery from India during May 2015 declined by 6.9% as compared to a year ago, reflecting the myriad challenges being faced in global markets, as well as the currency fluctuations during this period. Total exports of gems and jewellery during the month of May 2015 stood at US$ 2,504.51 million as compared to US$
Sterling Silver Jewellery Association Formed
Mumbai: Sterling Silver Jewellery Association (SSJA) was launched yesterday in Mumbai with its primary goals as Promoting, Protecting, and Progressing of the industry. Chairman Mr. Arvind Bafna, officially announcing the formation of the SSIA said, “The silver industry needs to have a strong representation at the government and industry level and at the same time create awareness about the sterling
Surat Diamantaires to Discard ‘Chitthi’ System
Surat: The paper chits, which are otherwise thrown into dustbins, have been an important trade instrument in the Rs 90,000 crore diamond industry for over six decades now. But, this ‘chitthi system’ that is based on mutual trust is set to be banished now, reports The Times of India. Following an increase in defaults and cheating cases, the small and
2015 Presidents' Meeting Ends
Tel Aviv: The 2015 Presidents Meeting in Tel Aviv came to an end on Tuesday, with World Federation of Diamond Bourses (WFDB) President Ernie Blom saying it had provided the opportunity for three days of intensive discussions on the main issues affecting the diamond trade globally. WFDB presidents, as well as their counterparts from the International Diamond Manufacturers Association, also
Anna Martin Joins GIA
New York: Anna Martin, who oversaw diamond and jewelry lending at both Standard Chartered Bank and ABN AMRO, has joined GIA as senior vice president of global development. “Martin will be responsible for broadening and deepening GIA’s relationships with clients and stakeholders and overseeing the Institute’s global beneficiation efforts,” said a statement. She will be based in New York City,
GII Installs AMS at BDB
Mumbai: Gemological Institue of India (GII) recently inaugurated the Automated Melee Screening (AMS) machine by Mr. Anoop V. Mehta, President, Bharat Diamond Bourse (BDB) and Mr. Arunkumar Mehta, Rosy Blue (India) Pvt. Ltd, installed in the Diamond Detection Resource Center (DDRC) at Bharat Diamond Bourse (BDB) Mumbai. On the occasion, Mr. Vipul Shah, Chairman, GJEPC said, “We are glad to
Artisan Jewellery Design Awards by GJEPC
Mumbai: The Gem and Jewellery Export Promotion Council of India (GJEPC), the apex body of the gem & jewellery industry in India announces ‘The Artisan Jewellery Design Awards 2014’ scheduled in December 2014. Having hosted award and reward programs for the industry over 25 years, GJEPC now invites participation from all established and budding designers across the nation to bring
198 Carat Rough Found in Lesotho
Maseru: Africa has unearthed yet another eyebrow-raising mega-rock—this time a 198 ct. white type IIa diamond described as of “exceptional quality.” The stone was found at the Letšeng mine in Lesotho, said owner Gem Diamonds. The diamond “displays no fluorescence and is expected to achieve an exceptional price when sold this year,” the company said. Spokesperson Sherryn Tedder said she
