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

Read More »

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

Read More »

Top News

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

Read More »

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

Read More »

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

Read More »

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

Read More »

Dharmanandan Diamonds to Unveil Technology for Retailers

Mumbai: Dharmanandan Diamonds will be unveiling the ‘Virtual Showcase’, a ‘3D Diamond Viewer” for retailers at the September 15-19 Hong Kong Jewellery & Gem Fair. The company has introduced several technology products for the diamond industry in recent years aimed at “upgrading retailers and revolutionalizing the way diamonds are purchased”. Dharmanandan successfully launched an iPad application in 2010, and, the

Read More »

De Beers Courting New York City Banks

New York: With financial institutions expressing continued reluctance to lend to the diamond industry De Beers is holding an event to reach out to New York City bankers. Howard Davies, head of De Beers’ commercial department, has invited local financiers to a Bankers Executive Briefing on Oct. 1 at a Manhattan hotel. The company veteran will brief attendees on the

Read More »

Russia Plans to Divert Diamonds in Case of Sanctions

Moscow: In the event that the European Union decides to apply sanctions on Russia in general and the Russian diamond industry specifically, over the country’s conflict with neighboring Ukraine, Moscow plans to divert a large chunk of its diamond exports to other countries, Rough and Polished reports. Russian Federation Ministry of Finance Administrative Department Chief Alexander Akhpolov told Kommersant Vlast

Read More »

Antwerp’s Rough Trade Still Thriving in August

Antwerp: This month’s rough trade in Antwerp outperformed that of August 2013, with increases in both import and export, continuing the positive trading streak of this year. Imports and exports of polished saw some adjustments due to the modest trading in the same month last year. Rough trading continued in a positive vein this month, further extending the robust figures

Read More »

Latest Videos