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
Diamond Grading & Inscription Facility in Surat
Surat: The De Beers Group of Companies announced on Tuesday the opening of its newest and most technologically advanced Forevermark diamond inscription and grading operation in the world – the International Institute of Diamond Grading and Inscription facility in Surat, India. The facility is a $10 million investment by De Beers and has been equipped with leading proprietary diamond technology.
Assocham Opposes Budgetary Proposals on Gold
Mumbai: With the government retaining high customs duty on gold imports in this year’s budget, industry body Assocham on Tuesday said smuggling of the yellow metal in India is likely to shoot up and introduction of mandatory PAN declaration on high-value gold purchases will dampen the industry. “In the absence of lower (import) duty, smuggling of the precious material would
Refusals Exceed 30% at De Beers March Sight
Gaborone: Pessimism prevailed at De Beers March sight with more than 30 percent of goods refused, according to several sightholders. Negative sentiment at the sight stemmed from a shared belief that polished sales and prices were unlikely to increase in the second quarter of 2015 and that De Beers sight prices have not fallen enough to restore profitability in the
Dubai Diamond Conference-15 to put ‘Africa First’
Dubai: The Dubai Diamond Conference 2015, slated for April 21-22 in Dubai will witness ministers and officials from Africa play a crucial part in discussions this year. The event, organized by the Dubai Diamond Exchange (DDE) and the Dubai Multi Commodities Centre (DMCC), will also bring together delegates and keynote speakers from the Middle East and Asia, heads of global
GJF Launches Monthly ‘G&J Times’
Mumbai: The All India Gems and Jewellery Trade Federation (GJF), the national trade federation for the promotion and growth of trade in Gems and Jewellery (G&J) Industry across India, hosted an exciting 6th edition of its signature GJF NITE 2014 in Mumbai. The fun filled, entertaining and musical fashion extravaganza event, presented by R. M. Jewellery and powered by CVM,
India to Continue Gold Import Curbs
New Delhi: Curbs on gold import are likely to remain in place with Finance Minister Arun Jaitley today saying the government is inclined to continue with this measure along with other steps taken by the previous UPA regime for controlling the widening CAD as they have worked. “Each step is being continued…efforts are being made to continue each of these
IGI Announces Mobile App, Jaipur Lab
Mumbai: The International Gemological Institute (IGI) launched its new consumer mobile application for Android/iOS titled “my Diamond my Jewelry” at the India International Jewellery Show (IIJS) in addition to offering a live grading lab. During the show, IGI also detailed the opening of its next grading laboratory and education institute in Jaipur that will cater to the Rajasthan and North
AWDC Participates in the Mine Entra Fair
Antwerp: The Antwerp World Diamond Centre (AWDC), the world leader in diamond trade, participates in the Mine Entra exhibition in Zimbabwe for the first time. “Now that the European sanctions are lifted, the way is open for intensive collaboration between Zimbabwe and the main commercial center for diamonds,” said Ari Epstein, CEO of the Antwerp World Diamond Centre. 84% of
