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
Forevermark Unveils Global Marketing Campaign
Mumbai: Forevermark, the diamond brand from The De Beers Group of Companies has unveiled its new global marketing campaign that aims to inspire people to renew their belief in the power of a promise and celebrate life’s most meaningful promises with a Forevermark diamond. At the heart of Forevermark is a driving belief that a promise is a powerful and
Tara Jewellers Launches 6 Shop-in-Shop Outlets
Mumbai: Tara Jewellers has opened six more shop-in-shop format outlets showcasing certified diamond and hallmarked gold jewellery exemplifying fine craftsmanship and exquisite designs. The new outlets are located in Shoppers Stop stores in: DB City Mall, Bhopal; Elante Mall, Chandigarh; BPK Star Building, Indore; World Trade Park, Jaipur; MBD Neopolis Mall, Jalandhar; and Ambuja City Center, Raipur. The collections on
Gold Prices May Decline to Rs 24,500 by Dec
Mumbai: Gold prices are likely to decline further to around Rs 24,500 per 10 grams by December if the rupee continues to rule at the current level, according to analysts, reports zeenews. “We expect the gold prices to remain bearish and if the rupee continues to rule at current level the yellow metal may touch Rs 24,500 level by December.
First Ruby and Pink Sapphire Mine Coming Soon
Vancouver: Canadian junior True North Gems (TSX-V:TGX) is fine tuning details to start building an open-pit mine that will produce ruby and pink sapphire gemstones starting next year and running until at least 2024. The Vancouver-based miner, which began exploration about a decade ago, closed Thursday an $11 million finance package with joint-venture partner LSNG that will finally allow it
WFDB Concludes EXCO Meeting
Antwerp: The World Federation of Diamond Bourses (WFDB) EXCO has ended a three day program of discussions and meetings that included an extensive strategy session to analyze, discuss and decide on its future mission across the growing, global diamond trade. The strategy session debated and agreed on themes that connect the WFDB and the international diamond trade’s past and present
New ALROSA Head Will Be Appointed Soon
Moscow: President of ALROSA will be appointed within a month, said Yury Trutnev, Deputy Prime Minister of Russia. “The decision concerning new head of ALROSA will be taken within a month,” RIA Novosti quotes him as saying. Earlier in October Trutnev said that the list of candidates for ALROSA’s presidentship was prepared and should be brought in the Government. In
Groups including GJEPC Boycott WDC Meeting
Antwerp: Eight prominent industry groups are boycotting the upcoming World Diamond Council in Antwerp, out of concern that the group is widening its mandate beyond conflict diamonds. The groups, led by the World Federation of Diamond Bourses (WFDB), expressed particular concern about a survey done by the group, conducted by Belgian consulting firm Gemdax. They characterized the survey, which will
Exceptional Results for Argyle Pink Diamonds Tender
Perth: Rio Tinto’s 30th anniversary collection of 54 rare pink and red diamonds from its Argyle diamond mine has delivered exceptional results, achieving the highest average price per carat since the Tender began in 1984. With a record number of more than 600 bids, the collection was internationally popular with successful bids for the rare diamonds submitted from ten countries.
