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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ADK’s Next Rough Diamond Days

Antwerp: The Antwerpsche Diamantkring (ADK), the world’s leading rough diamond bourse, announced it will hold the next edition of its Rough Diamond Days, February 25 and 26, in the ADK trading hall. 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 the spotlight,” ADK

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300 Israeli Exhibitors at Int'l Diamond Week

Ramat Gan: Around 300 members of the Israel Diamond Exchange will be exhibiting their diamond stocks on the trading floor of the Israel Diamond Exchange (IDE) at the International Diamond Week (IDW) in February. They will be joined on the IDE trading by members of the Diamond Dealers Club of New York, the Antwerp Diamond Bourse (Beurs voor Diamanthandel). The

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Gem-A Offers New Coloured Stones Grading Course

London: The Gemmological Association of Great Britain (Gem-A) has announced the official introduction of its brand new Coloured Stones Grading Course as launched at their annual Conference from 1 -4 November 2014, at the Business Design Centre, Islington. The new course, run in association with colour communication and gem grading specialists, Gemewizard, is designed to provide jewellers, gemmologists and enthusiasts

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India may Announce Budget Sops

Mumbai: India’s gems and jewellery sector, one of the focus areas of the government’s ambitious ‘Make in India’ programme, may get incentives in the Union Budget next month. The sector contributes significantly to growth in the country’s overall exports and has been identified by the government as one of the 25 focus segments for ‘Make in India’ campaign. Commerce and

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GJF Launches Monthly ‘G&J Times’

Mumbai: The All India Gems and Jewellery Trade Federation (GJF), the national trade federation for the promotion and growth of trade in Gems and Jewellery (G&J) Industry across India, hosted an exciting 6th edition of its signature GJF NITE 2014 in Mumbai. The fun filled, entertaining and musical fashion extravaganza event, presented by R. M. Jewellery and powered by CVM,

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India to Continue Gold Import Curbs

New Delhi: Curbs on gold import are likely to remain in place with Finance Minister Arun Jaitley today saying the government is inclined to continue with this measure along with other steps taken by the previous UPA regime for controlling the widening CAD as they have worked. “Each step is being continued…efforts are being made to continue each of these

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IGI Announces Mobile App, Jaipur Lab

Mumbai: The International Gemological Institute (IGI) launched its new consumer mobile application for Android/iOS titled “my Diamond my Jewelry” at the India International Jewellery Show (IIJS) in addition to offering a live grading lab. During the show, IGI also detailed the opening of its next grading laboratory and education institute in Jaipur that will cater to the Rajasthan and North

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AWDC Participates in the Mine Entra Fair

Antwerp: The Antwerp World Diamond Centre (AWDC), the world leader in diamond trade, participates in the Mine Entra exhibition in Zimbabwe for the first time. “Now that the European sanctions are lifted, the way is open for intensive collaboration between Zimbabwe and the main commercial center for diamonds,” said Ari Epstein, CEO of the Antwerp World Diamond Centre. 84% of

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