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
GII to Provide Diamond Detection Resource Center
Mumbai: Gemmological Institute of India (GII) a project of Gem & Jewellery Export Promotion Council (GJEPC), has established the Diamond Detection Resource Center (DDRC) with the help of Bharat Diamond Bourse (BDB) and GJEPC. The aims and objectives of the DDRC is to identify and certify Synthetic diamonds and help the industry with the necessary information related to the Synthetic
Gems & Jewellery to Come Under 'Make In India’
New Delhi: Government is likely to expand the scope of ‘Make in India’ programme by including five more sectors like gems and jewellery to boost growth in the manufacturing sector. The government has identified 25 sectors, including pharmaceuticals, automobiles, textiles, aviation, mining, chemicals, which have potential to make India a leader in their respective fields. “Five more sectors are expected
WDCI Concludes with Positive Note
New Delhi: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of gems and jewellery trade in India, in association with the Ministry of Commerce and Industry, GOI and World Diamond Mark Foundation (WDMF) organized the first ever-global congregation of Diamond leaders in India at the “World Diamond Conference” in New Delhi on December 11 and 12, 2014
FICCI and WGC Recommend Changes in Gold Policy
Mumbai: A recent report issued by the Federation of Indian Chambers of Commerce and Industry (FICCI) and the World Gold Council (WGC) has placed seven key recommendations before Indian policy makers which, it says, will help to monetize India’s large stock of household gold. The findings of the report entitled ‘Why India needs a gold policy’, is based on data
India's Polished Diamond Exports +11% in Nov
Mumbai: India’s polished diamond exports jumped 10.8 percent year on year to $1.559 billion in November, according to preliminary data from the Gem & Jewellery Export Promotion Council. By volume, exports rose 41.8 percent to 2.59 million carats. Polished imports, meanwhile, surged 124.9 percent to $882 million, leaving net exports down 5 percent at $677 million. Rough imports rose 35.6
ALROSA Finds Rock with 30,000 Diamonds
Moscow: Mining giant ALROSA has uncovered a rare rock containing an astonishing 30,000 diamonds at its Udachny diamond mine in Russia, Mining Global reports. The stone is red and green, measures 30 millimeters and has a concentration one million times higher than normal. Despite the discovery, the diamonds in the rock are too small to be used as gems and
Sightholders Reject Goods at Dec De Beers Sight
Gaborone: De Beers December sight closed with an estimated value of $600 million. Minor adjustments to prices and assortment qualities were reported in different categories, but no significant changes were noted. Sightholders and brokers reported that a large number of boxes were deferred, with the highest estimate of the amount of goods left on the table — reaching 25 percent
Sixth Edition ADTF from Feb 1-3, 2015
Antwerp: The Antwerp Diamond Trade Fair (ADTF), which enjoys industry wide international support, now stands at the top of the agenda and calendar of international diamond buyers from the jewellery industry and trade. “During the first five years of the Fair’s existence, we’ve become the number one by-invitation-only fair for diamond buyers around the world, in particular diamond buying jewellery
