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 Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
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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.
WFDB Asia Presidents' Summit from 9th Mar
Shanghai: The finishing touches are being put to the World Federation of Diamond Bourses (WFDB) Executive Committee (Exco) Meeting and Asia-Pacific Presidents’ Summit to be held in Shanghai on March 9 and 10. Regional WFDB presidents, along with WFDB President Ernie Blom, will be hosted by the Shanghai Diamond Exchange. Together with Blom, the presidents of diamond exchanges in the
CIBJO Releases Marketing & Education Report
Milan: With two months to go to the opening of the 2015 CIBJO Congress in Salvador, Brazil, on May 4, 2015, the first of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Marketing & Education Commission, headed by Jonathan Kendall, the report urges the jewellery and gemstone industries not to fall behind other business sectors in
Rio Tinto Launches World’s First AEC in India
Perth: Mining giant Rio Tinto will begin its world-first Analytics Excellence Centre (AEC) in India, to improve equipment productivity across its global operations. The Centre will assess massive volumes of data captured by the array of sensors attached to Rio Tinto’s fixed and mobile equipment and enable experts to predict and prevent engine breakdowns and other downtime events, significantly boosting
Mary & Onler Kom Celebrate Love with Platinum
New Delhi: India’s finest five time boxing world champion Mary Kom and husband Onler Kom celebrated their Platinum day of Love at PC Jeweller recently in the capital city. The inspirational duo celebrated their love for each other by exchanging Platinum Love Bands to mark their everlasting love. Precious platinum is a naturally white metal that never fades or tarnishes
