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
GSI Opens Laboratory in Surat
Mumbai: Gemological Science International (GSI) a full-service, high-tech lab designed specifically to meet the rapidly changing needs of the jewelry industry, has announced the launch of its state-of-the-art laboratory facility at Surat. As a result of growing business and more demand for GSI certification, GSI decided to expand its services by adding another laboratory in Diamond World complex of Surat
GJEPC Urges Govt. to Grant License to ABN Amro
Mumbai: The Gems and Jewellery Export Promotion Council (GJEPC) has urged the Central government that the Reserve Bank of India (RBI) to grant banking license to the Netherlands-based ABN Amro Bank NV, the world’s largest lender to diamond industry, so it could open up its branches in the country. The request comes following concerns over depleting finance in the Indian
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
Celebrate Onam with Platinum Jewellery
Kochi: Onam, a festival that symbolizes new beginnings and the promise of prosperity, brings with it the perfect opportunity to celebrate with something truly special. As families gather to create vibrant Pookalams, share the sumptuous Onam Sadhya, and celebrate the legendary return of King Mahabali, there’s no better way to elevate your festivities than with the timeless beauty of platinum
CIBJO to Hold 4 Seminars at Sep. VICENZAORO
Milan: CIBJO’s popular Jewellery Industry Voices webinar and seminar series will continue at the VICENZAORO show in Vicenza, Italy, with four hybrid seminars – in person at the Palladio Theatre at the Fiera di Vicenza exposition centre, and simultaneously live streamed. They will take place on Sunday, September 8, 2024. The event is being hosted by the VICENZAORO organizer, the
ALROSA Closes its Trading Office in Antwerp
Antwerp: ALROSA has declared bankruptcy of its Belgian trading division, Alrosa Belgium NV in Antwerp. According to the Belgian edition l’Echo, in mid-June the supervisory board of the company recommended termination of participation in the Belgian trading division of Alrosa Belgium through bankruptcy. “The representative office of the Russian company ALROSA in Antwerp, Belgium (Alrosa Belgium), was closed after the
10th IRGSS Inaugurated in Jaipur
Jaipur: The 10th Edition of the India Rough Gemstones Sourcing Show 2024 (IRGSS), organized by the Gem & Jewellery Export Promotion Council (GJEPC), was inaugurated on 27th August in Jaipur by Mr. Neeraj Dubey, Additional Commissioner of Customs, Jaipur in the presence of Mr. K. M. Meena, Assistant Commissioner of Customs, Air Cargo Complex (ACC), Jaipur, along with key industry representatives.
