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
GJEPC & US Delegation Discuss G&J Concerns
Mumbai: Mr. Charles Rivkin, Assistant Secretary, Bureau of Economic & Business Affairs, USA, along with a high level delegation held discussions with the key Gem & Jewellery Associations of India on Saturday at the Bharat Diamond Bourse (BDB). The visit aimed at interaction with key associations to understand the current state of Indo-US Gems & Jewellery Trade presented to him
GJEPC Wins Government Award
New Delhi: India’s Gem & Jewellery Export Promotion Council was one of the winners of a prestigious award from the Ministry of Commerce, Government of India for promotion of the use of the official language of the government, Hindi, in its work during the year 2013-14. The awards were distributed by the Commerce Secretary Rajeev Kher and received on behalf
SGL signs MoU with Nepal Gem & Jewellery Asso
Kathmandu: Solitaire Gemmological Laboratories (SGL) headquartered London with laboratories in Dubai and nine locations in India, signed a MoU with the Nepal Gem & Jewellery Association (NEGJA) to start an SGL laboratory in Kathmandu. This will be the first international laboratory to enter the Nepalese market and form a strategic alliance with an association. The NEGJA is the largest jewellery
KP Could not Elect Vice-Chair '15
Guangzhou: The vote at the plenary meeting of the Kimberley Process (KP) in Guangzhou, China, which ended yesterday for the country to serve as Vice Chair for 2015 ended in deadlock. With Angola set to become Chair on January 1, Dubai and Australia were the candidates for the position of Vice Chair. A source at the meeting said that among
DDE Holding Sale of Rough from Kao Mine
Dubai: The Dubai Diamond Exchange (DDE) is hosting the Fusion/Hennig September Kao rough diamond tender for the first time. It started on September 21 and ends on Wednesday and offers the full run-of-mine production of the Kao mine located in Lesotho. It comprises more than 30,000 carats of rough, encompassing the full range of sizes and assortments, including large and
Gemfields Records $16M Profit
London: Gemfields plc. reported that revenue rose to $160.1 million for the fiscal year that ended on June 30, far surpassing revenue of $48.4 million one year earlier. The integrated gemstone mining company’s profit surged to $16.3 million compared with a loss of $22.8 million. Gemfields held cash of $36.8 million on June 30 and it estimated that inventory on
Zac Posen & Fabrikant-Tara Int'l Sign Partnership
Mumbai: Zac Posen, luxury apparel and accessories brand, and Fabrikant-Tara International, luxury diamond and gemstone wholesale company have announced their partnership to create a new collection of handcrafted fine Jewellery. The collection, scheduled to launch in Fall 2014, will be infused with the signature Zac Posen modern American glamour and detailed craftsmanship that the brand embodies. The collection will focus
Rio Tinto’s Red & Pink Diamonds Tender in HK
Hong Kong: Rio Tinto’s iconic annual Argyle Pink Diamonds Tender, comprising the best of a year’s production of extremely rare red and pink diamonds, is being hosted in Hong Kong during the final leg of a global showcase tour. Almost the entire world supply of rare pink diamonds comes from Rio Tinto’s Argyle diamond mine in the remote east Kimberley
