We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
Top News
Gemfields to Sponsor 16th ICA Conference
Colombo: Colored gemstone supplier Gemfields has announced its sponsorship of the International Colored Gemstone Association’s ICA Congress, which is slated for May 16-19 in Sri Lanka. Now in its 16th year, the congress brings together leaders and experts in the gem industry with a number of presentations and special events highlighting colored gemstones. Attending the event on behalf of Gemfields
Rough Diamond Days on Feb 25-26
Antwerp: The Antwerpsche Diamantkring (ADK), the Rough Diamond Bourse, will be holding the next edition of its Rough Diamond Days, February 25 and 26, in the ADK trading hall, open to all WFDB members worldwide. The ADK’s history making first edition of the Rough Diamond Days was held last November. “It was a great opportunity to place the Kring in
Foundation Ceremony of SDB now on 15th Feb
Surat: Foundation stone ceremony of the proposed Surat Diamond Bourse (SDB) now has been postponed on 15th February. Earlier the ceremony was scheduled to be performed on 8th February. The ceremony will be performed, as declared earlier by Gujarat Chief Minister Mrs. Anandiben Patel in presence of 20,000 invited people. Around 12,000 diamond merchants of which 5,000 are from Mumbai
Angola, U.S. Pledge to Enforce KP Core Principles
New York: Angola and the United States have pledged to work together to enforce the core principles of the Kimberley Process (KP) to ensure that diamond revenues do not contribute to violence, but instead to peace and prosperity. Angola was the current KP chair. “The United States reaffirmed its support for Angola’s chairmanship of the Kimberley Process,” reads a joint
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,
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
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
Zimbabwe Miners ‘Afraid of Saying No’ to Merger
Harare: Some diamond miners operating in Zimbabwe are said to be “afraid of saying no” to the proposed merger of their operations, according to a report published in Rough & Polished. Zimbabwe recently announced plans to merge all six diamond mining operations in Marange as well as Rio Tinto’s Murowa and DTZ-OZGEO into one firm in which the State would
