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
Gold Festival Organized in Ahmedabad
Ahmedabad: A closing ceremony for “Swarna Utsav” (Gold Festival)– The Grand Shopping Festival was organised on 20th Oct. in Ahmedabad in presence of Mr. Om Prakash Kohli, Honorable Governor of Gujarat, Shri Shantibhai Patel, President, Jewellers Association, Ahmedabad, Mr. Rakesh Shah, President Gujarat Chamber of Commerce & Industry and Shri Somabhai Modi, Social Worker. Mr. Om Prakash Kohli, said that
Will De Beers Develop Diamond Hub in Namibia?
Windhoek: A report that was commissioned by the Namibian government stated that it does not make economic sense for De Beers to set up another diamond hub in Namibia similar to the one recently established in Botswana. Namibia was currently negotiating with the diamond giant to sell a certain percentage of gems mined in the country outside of the group’s
WTOCD Grants License for Its Polishing Machine
Antwerp: After several positive polishing tests made on industrial super hard materials (PCD, CVD, MCD, pcBN) Coborn Engineering Ltd decided to acquire a license for WTOCDs’ patented grain independent polishing technology. That license will extend existing technological cooperation between WTOCD and Coborn with the machining of diamonds materials for industrial applications. The exclusive license will be granted as of January
Gem-A Releases The Latest Journal Of Gemmology
London: The Gemmological Association of Great Britain (Gem-A) has released the latest issue of its academic publication, The Journal of Gemmology, in collaboration with the Swiss Gemmological Institute SSEF and with the support of the American Gemological Laboratories (AGL) and the Gem and Jewelry Institute of Thailand (GIT). The current issue (Vol. 34, No. 3, 2014), released on 19 October
Smaller Sights in October
Gaborone: Rough diamond sights held by De Beers and Alrosa in October were relatively small, particularly in light of the De Beers Sights held this year that have been in excess of $700 million. The Sight reflected the fact that Indian diamond manufacturers will be closing down for at least three weeks from around October 20, while some plants will
AWDC is Aware of The Impact of Closing of ADB
Antwerp: The Antwerp World Diamond Centre (AWDC) is aware of the impact of the closing down of the Antwerp Diamond Bank. Sound and reliable financing are a critical factor for a successful diamond trade in Antwerp, AWDC said. It is making all possible efforts to guarantee a sustainable solution and is in constant consultation with ADB. As a result, a
Stable Trade Figures for Antwerp Diamond Sector
Antwerp: The trade figures of the Antwerp diamond sector for the month of September remained stable. Both the import and export figures of rough diamonds hover around the same values. This was less so the case for polished diamonds, but more expensive goods were being traded compared to the first nine months of last year. Following a traditionally slower month
PNG Devotes itself to Swachh Bharat Abhiyan
Mumbai: Going by the words of Hon. Prime Minister of India Narendra Modi “India can do it. People of India can do it” the young and enthusiastic team of P. N. Gadgil Jewellers moved on to streets and worked towards a clean India as part of Swacchh Bharat Abhiyan, a national level campaign by Government of India. Having 12 stores
