We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
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
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
Top News
Renewed Warning to 'Diamond Mixers' in India
Mumbai: In response to messages that have reportedly been circulating on social media about a number of leading Indian diamond companies said to be involved with recent mixing of synthetic and natural diamonds, India’s Gem and Jewellery Export Promotion Council (GJEPC) and the Surat Diamond Association (SDA) issued a joint statement this week warning of legal action against those caught
Mellier Supports Forevermark Brand Strategy
New York: Mr. Philippe Mellier, Chief Executive, De Beers Group, welcomed Forevermark partners during a private cocktail event in New York addressing the challenges and opportunities facing the diamond industry articulated in the 2014 Diamond Insight Report. The address culminated with attention to the strategic reasons behind the emergence of diamond brands and growth of Forevermark. Mr. Mellier said, “It
India Does not Plan New Gold Import Curbs
New Delhi: The government on Wednesday ruled out restoring of curbs on gold import, even as jewellers pressed for cutting Customs duties, reports Business Standard. After a recent spurt for three months, imports slumped in December and in the early days of January. Speaking to reporters after a meeting with representatives of the gems and jewellery sector in New Delhi
GJEPC Submits Pre-Budget Suggestions
New Delhi: Gem & Jewellery Export Promotion Council (GJEPC) Chairman Mr. Vipul Shah presented the pre-Budget wish list of the gem and jewellery export industry to Finance Minsiter Mr. Arun Jaitley at a meeting held in Delhi which was attended by representative trade and industry bodies from different sectors. The issues he raised were generally concerned with procedures of import,
Zimbabwe Cuts Gold Levy to Assist Revival
Harare: Patrick Chinamasa, the Zimbabwean finance minister reduced royalties on gold producers from 7% to 5% in a bid to incentivize growth in the mining sector which is now faced by a negative growth of 1.9% for this year. Zimbabwe is a resource- and agro-based economy whose manufacturing and industry sectors are wobbling. The mining sector has, however, been showing
Viewing of first Grib Diamonds Begins Today
Antwerp: The viewing of the first production of Grib Diamonds NV, a 100% owned subsidiary of OAO LUKOIL, will begin on Monday, September 15th, and will conclude on the following Monday. Consequently, on Tuesday September 23rd, the company will hold its first-ever, online auction of rough diamonds from the diamond mine named after Vladimir Grib in Arkhangelsk region (Russian Federation).
PNG Jewellers Celebrates Centenary of ‘Late Shri Dajikaka Gadgil’
Pune: P. N. Gadgil Jewelles recently celebrated the centenary year of ‘Late Shri Dajikaka Gadgil’ with various events spread out across the day to mark the majestic celebrations. Launch of late Shri Dajikaka Gadgil museum inaugurated by Mayor Chanchalatai Kodre, Shashitai Kirloskar and Mr.Vasant Davkhare, Deputy Chairman of Maharashtra Legislative Council followed by Madhuri Dixit Nene’s visit to the Laxmi
PJ Watson is Gem-A Gem Empathy Award Winner
London: The Gemmological Association of Great Britain (Gem-A)) has announced the winner of this year’s Gem Empathy Award as P J Watson. The Hertfordshire-based designers, manufacturers and wholesalers of fine diamond and gem set jewellery were awarded the prize for their stunning multi-purpose tourmaline and diamond, peacock feather brooch in 18ct white gold, created especially for the IJL show. Gem-A’s
