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
Lucara to Hold First Exceptional Stone Tender of '15
Gaborone: Lucara Diamond Corp. has announced its first Exceptional Stone Tender of 2015. Viewing will take place in Gaborone from July 6 until July 16. The tender will be lead by the sale of the 342-carat diamond, recovered from the Karowe Mine in April last year. The company said that up to 16 diamonds will be sold on tender, including
Diamondcorp Loss Widens, Mining Starts at Lace
London: DiamondCorp said its loss for the year ended December, 31, 2014 widened to £3.25-million from £2.61 million a year earlier. The loss included administrative expenses of £1.6-million which have, however, fallen for the third year in a row as a result of “careful” attention to cost control, the company said in a statement. Cash on hand at 31 December
ALROSA Cut Rough Diamond Prices By 2-3%
Moscow: ALROSA reduced diamond prices to long-term customers by 2-3 percent during the trading session in May, according to the representative of the Indian diamantaire Rosy Blue in Russia Ashot Badalyan cited by Interfax. The required level of procurement (selection limit) remained at the same 90 percent, customers may defer only 10% of their monthly norm of diamond purchases, he
Blom Expects JCK Show to Provide Solid Results
Antwerp: World Federation of Diamond Bourses (WFDB) President Ernie Blom believes the May 29-June 1 JCK Show in Las Vegas will show that the U.S. market is solid and providing a strong base at a time of varied challenges for the global diamond industry. “With other large markets proving to be somewhat weak currently, it is critical that the United
Platinum Innovation Awards at JCK 2014
Mumbai: Platinum Guild International (PGI) has once again served a spark of inspiration and excitement with their 5th annual JCK 2014 Platinum Innovation Awards. The winners were chosen for 8 unique design categories. An “Editor’s Choice” and “Buyer’s Choice” were selected in each design category, as well as “Best in Show” Award which was selected as a culmination of all
Final of India Jewellery Skill Competition Held
Mumbai: Mr. Surojitrana H. from Coimbatore and Mr. Vinod Kumar C. from Bangalore were selected today in a final round of the India Jewellery Skill Competition held at the India International Jewellery Show (IIJS). The Competition is being held by the Gem & Jewellery Skill Council of India (GJSCI) to decide the country’s representative at the prestigious WorldSkills International Competition
GJEPC Donates Rs One Crore to Make A Wish India
Mumbai: Gem and Jewellery Export Promotion Council (GJEPC) organized “Jewellers for Hope” charity dinner in association with GSI, yesterday in Mumbai. Leading bollywood celebrities Kajol, Boman Irani, Siddharth Roy Kapur graced the evening hosted by Raageshwari Sachdeva-Badola in the presence of the whose-who of the gems & jewellery trade. The “Jewellers for Hope” annual charity dinner is the first edition
India Reduces Tariff Value on Gold
New Delhi: The India government recently reduced the import tariff value on gold to USD 425 per 10 grams due to falling international prices. On the other hand, the tariff value on silver was raised to USD 690 per kg. As on June 30, the tariff value on imported gold stood at USD 428 per 10 grams and silver at
