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
India Diamond Week from Jan. 12
Mumbai: In less than one week, the Diamond Dealers Club (DDC) of New York, in conjunction with the Gem & Jewellery Export Promotion Council (GJEPC), will host its second edition of India Diamond Week on the DDC trading floor in Manhattan. “Due to the success of our first India Diamond Week in August, we decided this is the ideal time
Easier Access to System of Warranties Guidelines
New York: The World Diamond Council (WDC) has announced an update to the WDC web site to provide easier access to the System of Warranties guidelines. The System of Warranties (SoW) is a voluntary system of industry self-regulation created to support and strengthen the Kimberley Process Certification Scheme. The SoW is a cornerstone of the WDC, whose goal is to
India Plans Strategy to Import Gold
New Delhi: Union commerce ministry has called a meeting of gold jewellery exporters and domestic players to discuss issues related to supply of gold on Wednesday 7 January. Sources said that the government invite says that the meeting is being called to discuss how to ensure consistent and uninterrupted supply of gold to gold jewellery exporters, however it is quite
Israel’s Diamond Exports Rose Slightly in 2014
Ramat Gan: In 2014, the Israeli Diamond Industry maintained its export achievements of 2013, with a slight rise of $160 million in total polished and rough exports, according to figures published by Israel Ministry of Economy’s Diamond Controller Shmuel Mordechai. Israel’s total combined exports of polished and rough diamonds stood at $9.324 billion in 2014, compared to $9.166 billion in
Zimbabwe’s Local Auction Oversubscribed
Harare: First Element, which conducted Zimbabwe’s first local diamond tender in Harare last week, said although the stones that were placed under the hammer were few, there was a strong appetite from foreign buyers. Company managing director Johan Erikson told a diamond conference that was convened last week in Harare that about 400 buyers and 133 companies attended the auction.
Antwerp's Diamond Figures Drop Slightly
Antwerp: The Antwerp diamond sector’s trade figures in October decreased slightly compared to the same month last year. Figures show that slightly fewer polished diamonds were traded, but the value of diamonds traded was higher compared to the value of polished diamonds traded in October last year. Rough diamond trade figures also show a decline compared to October 2013, but
CIBJO Moots Carbon-Free Jewellery Industry
London: CIBJO President Gaetano Cavalieri has held a meeting in London with Lord Deben, Chairman of the Independent Committee on Climate Change in the United Kingdom, during which they discussed CIBJO’s educational programme for a carbon-free jewellery industry, which was outlined at the CIBJO Congress in Moscow in May. A renowned authority on environmental sustainability, Lord Deben also chairs the
KP Faces Fractious Battle Over '15 Vice-Chair Vote
Guangzhou: One of the biggest questions facing delegates at the plenary meeting of the Kimberley Process in Guangzhou, China which started yesterday and ends on November 14 will be which country is elected as Vice Chair for 2015. With Angola set to become Chair on January 1, Dubai and Australia are the candidates for the position of Vice Chair. However,
