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

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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

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International Rough Diamond Week from April 12

Ramat Gan: The Israel Diamond Exchange (IDE) will hold its second International Rough Diamond Week (IRDW) from April 12-16, 2015, with a series of rough diamond tenders by Alrosa, De Beers Auction Sales, Rio Tinto Diamonds, I Hennig/ Fusion Alternatives and Tzoffey’s. “In 2014, Israel’s rough diamond trade passed the $5 billion mark,” said IDE Deputy President Arnon Juwal, who

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Gemeprice 4.0 Pricing System for G&J Released

Ramat Gan: Gemewizard has announced the release of GemePrice 4.0, the latest generation of the gem industry’s leading online dynamic price list and pricing system for colorless and colored diamonds, gemstones and jewelry. The new system comes with a range of exciting new features, as well upgrades of existing elements. These include second-color moderators for colored diamonds, more gemstone types,

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Winners of Baselworld Design Competition

Basel: Jewellery-focused 3D wax printing specialist Solidscape has announced the winners of the fourth annual Baselworld Design Competition. Capturing the Platinum Award for jewellery the third year in a row is the OG-Art Studio team from Bialystok, Poland. The brand produced a spectacular Dragon Pendant design that features complex geometry and incredible detail requiring the highest precision in 3D printing

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Israel to Revive Diamond Manufacturing

Ramat Gan: An advanced “one-stop shop” for diamond manufacturing, recently opened near the Israel Diamond Complex in Ramat Gan, is the first step in an ambitious plan by Israeli diamond leaders to bring back a large part of the offshore diamond polishing business to the country. The plan is being supported by the Israel Diamond Exchange (IDE), the Israel Diamond

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Viewing of 122.52-Ct Blue Diamond to Start Soon

Johannesburg: Petra Diamonds will shortly start the viewing process for the sale of the exceptional 122.52-carat blue diamond that it recovered in June at the Cullinan mine in South Africa. The viewing process will open on Monday, August 18, and will close on Friday, September 12, when offers from prospective buyers are to be submitted. Appointments to view the stone

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Rio Tinto Showcases Rare Red & Pink Diamonds

Perth: Rio Tinto’s iconic Argyle Pink Diamonds Tender has been unveiled during a world exclusive preview in Sydney, with the 2014 collection boasting a record four rare Fancy Red diamonds. Celebrating the 30th anniversary of the world’s most anticipated diamond sale, the 2014 Argyle Pink Diamonds Tender collection comprises 55 diamonds, including 51 pink and purplish red diamonds and four

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NY DDC Opens India Diamond Week

New York: The Diamond Dealers Club (DDC) of New York, in conjunction with the Gem & Jewellery Export Promotion Council (GJEPC), greeted yesterday close to 100 exhibitors at its first India Diamond Week on the DDC’s trading floor in Manhattan. DDC’s president, Reuven Kaufman, is creating a renaissance of the diamond trading floors by welcoming diamantaires from India, the manufacturing

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Global & Indian Firms Interested in Surat Bourse

Surat: Diamond companies from Belgium, Dubai, Israel and Hong Kong are interested in joining the proposed Surat diamond exchange and have applied for membership, according to Dinesh Navadiya, president of the Surat Diamond Association (SDA), reports The Economic Times. The proposed exchange, is likely to be almost as large as Mumbai’s Bharat Diamond Bourse (BDB), and the government is in

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