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
Top News
RJC Restructures Management Team
New York: The board of directors for the Responsible Jewellery Council (RJC) resolved to restructure its management team and introduce the role of executive director in place of its former CEO, Ashish Deo, who left the organization. James Courage, the chairman of the board, or Charles Chaussepied, the board’s vice chair, is expected to address the changes in detail during
GJEPC & IDI Inaugurate DDRC in Surat
Surat: The Gem & Jewellery Export Promotion Council (GJEPC) along with Indian Diamond Institute (IDI) launched the Diamond Detection and Resource Center (DDRC) on 3rd April, 2015 at the Indian Diamond Institute (IDI), Surat. The Facility was inaugurated by Chief Guest Shri Saurabhbhai Patel, Hon’ble Minster of Finance, Energy, Petro Chemicals & Mines, Tourism, Cottage & Salt Industry, Government of
Israeli Companies Take on Rapaport List
Ramat Gan: A group of leading Israeli diamond traders and manufacturers have decided to post their diamond stocks at full prices on the RapNet Diamond Trading Network (RapNet). The decision follows the publication of the latest Rapaport price list which showed that Rapaport had reduced the prices of a wide range of diamond categories without any commercial justification. The group
GJEPC-De Beers Discusses Key Industry Issues
Mumbai: Delegations of the GJEPC and De Beers exchanged views on key industry issues at a meeting held in the GJEPC premises yesterday. The De Beers team was led by Group CEO Phillipe Mellier, while the GJEPC team included Chairman Vipul Shah, Vice Chairman Pankaj Parekh and other senior members of the trade. The GJEPC presented its perspective of the
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
