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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ICA Congress 2015 Concludes in Sri Lanka
Colombo: The 2015 Congress of the International Colored Gemstone Association concluded yesterday in Sri Lanka with a panel discussion that covered all the key themes discussed in different sessions over the previous two days. In his concluding address, ICA President Benjamin Hackman praised the organizers for creating an exceptional event. The panel discussion agreed that there was a need to
India Not to Tax Gold Monetization Deposits
New Delhi: Seeking to mobilize idle gold worth up to Rs 60 lakh crore held by households and institutions, government on Tuesday proposed a new scheme offering tax-free interest on depositing the yellow metal with banks. The draft gold monetization scheme also provides for incentives to the banks, while individuals and institutions can deposit as low as 30 grams of
Global Platinum Market in Deficit during Q1 2015
London: The World Platinum Investment Council (WPIC) has announced the publication of its third Platinum Quarterly – the first independent, freely-available, quarterly analysis of the global platinum market. The report incorporates analysis of platinum supply and demand during the first quarter of 2015. Platinum Quarterly is a WPIC publication. It is based upon research and detailed analysis commissioned with, and conducted by, SFA
Indian Industrialists Meet Chinese Counterparts
Surat: It was a proud moment for the city when the local industrialists were a part of the Indian delegation Prime Minister Narendra Modi at Shanghai on Saturday. Govind Dholakiya, chairman of Shree Ramkrishna Export (SRK), Mathur Savani, chairman of Savani Brothers and convenor of the Surat Diamond Bourse project, Manoj Gandhi, chairman of the Gandhi Group of Industries, Yogesh
Gemfields Announced Results of Latest Auction
Bangkok: Gemfields announced its latest rough ruby auction, which took place April 21-25 in Bangkok, Thailand, brought in $7.2 million. At the sale, 73 percent of the 250,004 carats on offer sold, and the average price per carat was $39.47. The auction was held in Bangkok this month and saw Mozambican rough rubies from Montepuez Ruby Mining (MRM) go
Celebrate Akshay Tritiya with Platinum Jewellery
Mumbai: Celebrated as one of the most auspicious occasions in Hindu culture, Akshay Tritiya marks a day of new beginnings, prosperity, and good fortune. It symbolizes the onset of new endeavours, prosperity and unending blessings. This year, the festival will be celebrated on 30th April 2025. As the celebrations around Akshay Tritiya evolve, the significance of purchasing ‘true white’ continues
BDB Holds Condolence Meet in Memory of Kavinbahi Chimanlal Parikh
Mumbai: Bharat Diamond Bourse (BDB) held a solemn and heartfelt condolence meet to pay tribute to its esteemed founding member, Shri Kavinbhai Chimanlal Parikh, who passed away recently. The gathering, attended by prominent members of the diamond trade, industry veterans, and BDB office-bearers, reflected on Shri Parikh’s extraordinary contributions to the Indian diamond industry and his pivotal role in the
MMTC-PAMP Unveils Laddoo Gopal Silver Bar
Mumbai: MMTC-PAMP, India’s only London Bullion Market Association (LBMA) accredited Good Delivery gold & silver refiner is proud to announce the launch of the Laddoo Gopal 50 grams 99.99%+ purity Silver Bar. This exquisite silver bar pays tribute to Lord Krishna, showcasing an image of the childlike innocence and divinity through intricate designs and fine Swiss craftsmanship. Laddoo Gopal is
