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
ALROSA and IDE Sign MoU
Ramat Gan: ALROSA and Israel Diamond Exchange (IDE) signed a Memorandum of Understanding (MoU) aimed at strengthening partnership between the company and Israel diamond community, to develop the diamond industries of both countries and promote the business in the international market. The document was signed at the sidelines of International Diamond Week in Israel on February 9 by Andrey Polyakov,
America to Set up Jewellery Units in India
Mumbai: In what could be a significant boost for the ‘Make in India’ campaign, the gem and jewellery sector could see participation from the U.S., the world’s largest market for jewellery, to set up manufacturing hubs in India, reports The Hindu. In this direction, the Federation of Indian Chambers of Commerce and Industry’s (FICCI) Gems & Jewellery, Luxury and Lifestyle
Important Clarification from EGL
Ramat Gan: The holders of the worldwide rights of EGL hereby notify you, the members of the Israel Diamond Exchange, and all members of the diamond industry and trade, that on November 25th, 2014, the license agreement with the gemological laboratory operated by Mr. Guy Benhamou (a former EGL laboratory that also uses the name EGL INTERNATIONAL), located in the
‘Design Inspirations’ Workshop on Feb 24-25
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) will be organizing ‘Design Inspirations’, its annual two-day workshop on contemporary jewellery design trends for India and key international markets, on February 24-25 at Grand Hyatt, Mumbai. The workshop will be conducted by well-known jewellery trends forecaster Paula DeLuca from Italy. It will cover the trends in India, Europe and USA.
