We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Top News
PDE Project Director and Architects Visit IDE
Ramat Gan: With the construction set to begin in 2015 of the Phase II section at the Panama Gem & Jewelry Center, the only dedicated hub for the Latin American diamond, colored gemstone and jewelry trades, its project director and lead architects have visited the Israel Diamond Exchange complex, the world’s largest facility of this type, where they examined and
Angola Reboots Diamond Polishing Activity
Luanda: Angola has restarted a diamond polishing and jewellery making plant in the country after years of inactivity. Angolan state-owned news agency, Angop quoted Angolan National Diamond Company (Endiama) chief executive Carlos Sumbula as saying that the projects would be implemented in a more sustainable way. He said the projects would also increase job opportunities in the country. “Opening this
Sophia Loren Visits Taiwan to Promote Jewellery
Taipei: Italian movie star Sophia Loren is in Taiwan to promote a line of jewellery created in her honour. A report by icrt.com.tw said the world-famous celebrity waved and blew kisses to reporters upon her arrival at Taiwan Taoyuan International Airport from Dubai on November 2. Loren is promoting a line of jewellery created by Damiani, an Italian luxury jewellery
GIA Suspends Sealing Service
New York: Gemological Institute of America’s lab has begun an investigation and suspended its diamond sealing service after it spotted a sealed diamond the report of which didn’t match the stone. Diamond sealing—which involves putting the gem in a secure tamper-resistant package—is an additional service offered by the lab, generally for the investment market. Only one-tenth of one percent of
Rio Tinto Unveils A$6 mln. Argyle Pink Diamonds Ring
Perth: Rio Tinto has unveiled its first significant Argyle Pink DiamondsTM jewellery piece since the closure of the iconic Argyle mine in Western Australia: the A$6 million Argyle RomanticaTM ring, handcrafted with 3.42 carats of rare pink, red and blue diamonds from the mine. The Argyle RomanticaTM is the first piece produced under the Argyle Pink Diamonds Icon PartnerTM program,
Genelia Launches Bold New Pieces of Avaanti Collection
Mumbai: To add an extra spark to the festive season, De Beers Forevermark, the most trusted natural diamond brand, has launched three bold new designs from the Forevermark Avaanti Collection. Talented film star & entrepreneur Genelia Deshmukh unveiled the new designs at the one-year anniversary of the De Beers Forevermark Exclusive Boutique in Bandra. The Forevermark Avaanti Collection is crafted
Augmont-Gold for All to Expand Business in Hyderabad
Mumbai: Augmont Gold For All, India’s retail Gold Platform, has successfully forayed into the Sell Old Gold business to enable in simplifying the process and to offer its customers assistance in all things related to selling old gold. The brand has chosen Hyderabad market as its second touch point for the Sell Old Gold process. All set to be launched
GIFT City Nominated to Import 200 Tonnes Gold
Gandhinagar: Mr. Piyush Goyal who had visited GIFT City at Gandhinagar and interacted with officials on Saturday morning said the imported gold will be distributed from GIFT City to other parts of the country. GIFT City will be nominated as an agency to import 200 tonnes of gold from the United Arab Emirates (UAE) under the recently signed Free Trade
