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
Chow Tai Fook's 3Q Sales -10%
Beijing: Chow Tai Fook reported that group sales fell 10 percent year on year for the third quarter that ended on December 31, according to preliminary estimates that did not include hard totals. Same-store sales fell 18 percent, with a pronounced decline of 21 percent in Hong Kong and Macau and a 15 percent drop in Mainland China. Gem-set jewelry
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
IGJA 2014 Awards Function in Mumbai on Jan 29
Mumbai: Chief Minister of Maharashtra, Devendra Fadnavis will be the Chief Guest at function for the distribution of the India Gems & Jewellery Awards 2014 (IGJA) which will be held at NCPA, Mumbai on January 29, 2015. IGJA honours outstanding performers from within the industry across different product segments, banks and agencies involved in finance and supply of gold to
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
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
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
