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
Rashmika Mandanna Appointed India Brand Ambassador of Swarovski
Mumbai: Swarovski proudly announces actor Rashmika Mandanna as its new Brand Ambassador for India, marking a milestone for the Austrian luxury house as it strengthens its presence in one of its fastest-growing markets. India, a vibrant market with a deep affinity for jewelry and self-expression, continues to play a pivotal role in Swarovski’s global growth story. With her pan-India appeal,
De Beers Report Highlights Progress in Key Areas
London: De Beers Group today published its 2024 sustainability report, highlighting significant progress across its key focus areas of climate, livelihoods, nature and provenance. These areas were identified as the priorities for De Beers Group’s sustainability work as part of a mid-term review of the Group’s Building Forever sustainability framework initiated last year. During the course of 2024, De Beers
A Moment of Reckoning for India’s G&J Industry
Mumbai (Gems2jewellery.com Exclusive): India’s Gem and Jewellery (G&J) sector has long dazzled global markets, not just with its sparkle but with the millions of livelihoods it sustains. From the diamond polishing units of Surat to the gold jewellery workshops of Mumbai and Jaipur, this industry has been the backbone of India’s export story. But today, that glitter is under threat.
Gaston to Acquire 100% Ownership of Lucapa Diamond
Dubai: Gaston International DMCC (“Gaston”), part of Jemora Group, has announced that it has entered into a binding term sheet (the “Binding Term Sheet“) with Richard Tucker and Paul Pracilio (“Administrators”) of Lucapa Diamond Company Limited (“Lucapa”), an ASX-listed company, for a Deed of Company Arrangement (“DOCA”) contemplating the acquisition of all issued shares of Lucapa by Gaston (the “Transaction“).
GJEPC to Launch Group Health Insurance Scheme
Mumbai: The Gem & Jewellery Export Promotion Council will launch a major new CSR initiative on March 1, 2015 – a Group Health Insurance Scheme under which member companies can enroll their employees and employees’ families at very attractive rates. The aim is to cover 50,000 employees within this financial year and gradually ensure that the scheme is extended to
Gemfields Boosts Emerald, Ruby Output
Lusaka: Gemfields said its 75 percent-owned Kagem Mining subsidiary, in Zambia, produced 5.8-million carats of emerald and beryl during the second quarter of the 2015 financial year, up from 3.9-million carats produced in the December 2013 quarter. The company’s 75 percent-owned Montepuez Ruby Mining subsidiary, in Mozambique, also produced 3.4-million carats of ruby and corundum during the quarter under consideration,
GJF Launches Unique Jewellers Identity Card
Mumbai: All India Gems and Jewellery Trade Federation (GJF), the national nodal and the largest single trade body in India for the promotion and growth of trade in gems and jewellery across India, has introduced a first-of-its-kind Jewellers Identity Card (JID), a unique and smart identity card establishing the credential and legitimate business undertaking of its member jewelers and their
London Diamond Bourse to Host Open Day
London: The London Diamond Bourse (LDB) in the capital’s Hatton Garden area, has set a date for its inaugural open day, taking place on Monday, February 23. In a statement, the bourse said: “The open day will provide a great opportunity for visitors to discover new suppliers, network or simply to see what the LDB has to offer the industry.
