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
Signet Q4 Sales up 45.5%
Hamilton: Signet Jewelers Limited has announced a 45.5-percent increase in total sales in the fourth quarter of Fiscal 2015. Sales increased by $712.4 million to $2.276 billion from $1.56 billion in the fourth quarter Fiscal 2014. The company said the increase was primarily driven by the addition of the Zale division, which added $636.7 million of sales to fourth quarter
FII Allowed to Raise Stake in Deccan Gold Mines
Mumbai: Investors lapped up shares of Deccan Gold Mines after the Reserve Bank of India (RBI) allowed Foreign Institutional Investors (FII) to increase stake in the company. The RBI notified recently that the foreign shareholding by Non-Resident Indians (NRIs)/Persons of Indian Origins (PIOs) in Deccan Gold Mines has gone below the revised threshold caution limit and therefore the restrictions placed
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
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,
KP Progresses in Expanding Conflict Definition
Dubai: World Diamond Council (WDC) has welcomed the meaningful progress made towards expanding the Kimberley Process (KP) definition of conflict diamonds, after a successful week of open and productive dialogue at the 2025 Intersessional in Dubai. The meeting, hosted by the UAE and current KP Chair Ahmed Bin Sulayem, marked a significant breakthrough in seeking to expand the definition of
GJC Urges Ban on G&J Trade with Tuekey, Azerbaijan
Mumbai: All India Gem and Jewellery Domestic Council (GJC), the apex body representing India’s domestic gem and jewellery industry, announced its unwavering support for ‘Operation Sindoor’ and in alignment with national interest urges the India’s gems & jewellery industry to cease business transactions with Turkey and Azerbaijan. This decisive action follows Turkey’s public support for Pakistan in the aftermath of
PGI Appoints Vaishali Banerjee as Head of Global Market Development
Mumbai: Platinum Guild International (PGI) has announced key leadership augmentations, naming Vaishali Banerjee as Head of Global Market Development, a role that signals PGI’s sharpened focus on unlocking the global demand potential for platinum. In addition to this new mandate, Vaishali will continue in her existing role as Managing Director – India & ME — both critical growth hubs for
Focus on Expanding Definition of Conflict Diamonds: Feriel Zerouki
Dubai: In a keynote address at the opening of the Kimberley Process (KP) Intersessional meeting, Feriel Zerouki, President of the World Diamond Council (WDC), urged participants to focus on expanding the definition of conflict diamonds, while recognizing the vital role of industry efforts to strengthen and complement the KP framework. “Expanding the definition of conflict diamonds is at the heart
