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
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,
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
Al Cook to Succeed Bruce Cleaver as CEO of De Beers
London: De Beers Group has announced that Bruce Cleaver will be succeeded by Al Cook as CEO of De Beers Group from early next year. Bruce will become Co-Chairman of De Beers Group, alongside De Beers Group Chairman and Anglo American Chief Executive Duncan Wanblad. During more than six years as CEO of De Beers Group, Bruce has led the
PGI Men of Platinum Launches New Campaign
Mumbai: There are a few men who show self-belief and display immense courage when faced with challenging situations. These are men who always stay true to their values no matter what. In doing so, these men of character inspire those around them. The cricket pitch too is a place that tests the character of many, including the icons we love.
De Beers' 8th Cycle Worth $500 Mln.
Gaborone: De Beers said its eighth sight held from 19th September to 4th October witnessed rough diamond sales of $500 million, an increase of 1.62% on a year-on-year basis, but down 22% versus the preceding seventh sight of 2022. Mr. Bruce Cleaver, CEO, De Beers Group, said, “Demand for our rough diamonds during sales cycle 8 was in line with
GJEPC Holds Awareness Drive at District Conclave
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) presented a brief overview of the Council’s various schemes and the possible avenues for growth in the gem & jewellery sector at the District Conclave on ‘Investment Promotion, Export, Ease Of Doing Business, and One District One Product’ organised by the Industries Dept., Directorate of Industries in association with Small Industries
