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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JNA Awards Announces Categories for 2015

Hong Kong: JNA Awards, the annual industry-wide event that honours innovators, leaders and outstanding enterprises of the international jewellery and gemstone industry with a focus on their contributions in Asia, has 16 award categories for 2015. Organized by JNA (Jewellery News Asia), JNA Awards 2015 is led by Rio Tinto Diamonds and Chow Tai Fook as Headline Partners, with Diarough

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Vipul Shah Gets Amity Export Exc. Award

New Delhi: Gem & Jewellery Export Promotion Council (GJEPC) Chairman Mr. Vipul Shah was conferred with the Amity Export Excellence Award at the Valedictory Function of the 15th International Business Summit & Research Conference INBUSH-ERA organized by Amity University at its campus in Noida on February 27, 2015. The award is part of the Amity Corporate Excellence Awards that are

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Today’s Women Choose Classic Platinum Jewellery

Mumbai: Precious platinum is the preferred choice for the modern woman of today; a perfect ode to each role she dons with excellence, platinum’s inherent qualities and elegant designs define her sense of style and personality. International Women’s Day marks the spirit of womanhood and India’s finest boxing champion, the magnificent Mary Kom, says, “Platinum speaks to every woman, the

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Gold Recycling Report Published By WGC

Mumbai: “The Ups and Downs of Gold Recycling: Understanding Market Drivers and Industry Challenges,” written and published recently by the World Gold Council (WGC) and The Boston Consulting Group (BCG), analyses the economic drivers of the global gold recycling market and highlights important future industry trends including; a shift in concentration of gold recycling from west to east, increased difficulty

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De Beers Revenue +15% to $4B

Gaborone: Anglo American’s group underlying earnings rose 3 percent to $1.284 billion for the first half that ended on June 30 and De Beers contribution of $469 million reflected an increase of 59 percent. The second greatest contribution to Anglo’s profit, of $443 million, came from the iron ore and manganese unit. Anglo’s profit attributable to shareholders jumped 263 percent

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India’s Rough Imports Inceased by 16.19%

Mumbai: India’s cut & polished diamond exports for month of June 2014 has registered $1,469 million (2,695,000 carats), showing a decrease of 0.66 percent against $1,478.81 million (2,806,000 carats) during June 2013, according to the provisional figures announced by the Gem & Jewellery Export Promotion Council (GJEPC) of India. For the period of April 2014 to June 2014 too, cut

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3 Carat Synthetic Largest-Ever Grown Gem

New York: Pure Grown, the man-made diamond company formerly known as Gemesis, is selling a 3 ct. K SI stone­—which it calls the largest colorless diamond ever produced by nonnatural means, reports jckonline. Lisa Bissell, the Fabrikant veteran recently appointed president and CEO of the company, says that she has every intention of selling the gem, which has a report

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Zimbabwe Imposes Embargo on Rough Export

Harare: The Zimbabwean government has reportedly banned the export of rough diamonds to ensure the country realises maximum value for its gems. NewsDay quoted Mines and Mining Development minister Walter Chidhakwa as saying that the issue was extensively discussed and Cabinet agreed and directed that “we implement the new institutional programme”. He said Harare had recognized that it was “not

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