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
India’s Jewellery Exports Up 36% in September
Mumbai: September was a good month for Indian exporters with significant increases in the exports of cut & polished diamonds and gold jewellery (plain & studded), the two largest segments in the g & j sector. Exports of cut & polished diamonds from the country during the month were up 11.19% year on year to US$ 2,663.66 mn from US$
Petra Sells 232-Ct. Rough Diamond for $15M
London: Petra Diamonds Ltd. sold an exceptional 232.08-carat white diamond that was recovered from the Cullinan mine in South Africa in September to Diacore for $15,219,219 or $65,577 per carat. Johan Dippenaar, the CEO of Petra Diamonds, said, “We are delighted to have achieved the sales result for this exceptional white stone, which is an outstanding example of the very
IDE to Hold Raffle Promote Israel Diamond Week
Ramat Gan: Diamond buyers arriving at the Diamond Dealers Club of New York (DDC) for the Israel Diamond Week in New York can take part in a special raffle and a chance to win a free flight and guaranteed, free hotel accommodation for the next edition of the Israel Diamond Week that will take place February 8-12, 2015, at the
WDMF and JTR Sign MoU: Launch Magazine
Hong Kong: The World Diamond Mark Foundation (WDMF), and the Turkish Jewellery Exporters Association (JTR) signed a Memorandum of Understanding during a joint press conference held to announce the stepping up of cooperation between the WDMF and JTR. The MoU was signed in the presence of other Turkish partners, such as Borsa Istanbul and HRD Antwerp Turkey. At the press
Positive Outlook for Natural Diamonds: GJEPC
Mumbai: The natural diamond market is showing signs of resilience and recovery as prices begin to stabilize and inventory reaches manageable levels. The natural diamond market is experiencing a positive shift, characterised by price stabilisation and a growing sense of optimism. The industry’s resilience is evident in the recent decline of rough diamond imports relative to polished diamond exports, indicating
GJEPC & Exim Bank Explore Cluster Strategy for Export Push
Mumbai: GJEPC hosted a meeting with Ms. Rupa Dutta, Advisor, Exim Bank and the former Principal Advisor, Department of Industrial Policy & Promotion, along with key Exim Bank officials to discuss the potential of cluster development and export facilitation in the Indian gems and jewellery sector. GJEPC and Exim Bank are collaborating on a joint study to explore strategies for
Linneys Unveils Exclusive Argyle Pink Diamond Quokka
Perth: Renowned Australian jeweller Linneys has unveiled a remarkable creation: The Argyle Pink Quokka. This sculpture, crafted from rare Argyle Pink Diamonds and 18-karat gold, is a tribute to two of Western Australia’s most beloved icons – the quokka, known as the world’s happiest animal, native to the shores of Rottnest Island, and the now-closed Argyle Diamond Mine. Limited to
Dubai’s Largest Polished Diamond Auction
Dubai: Rapaport Diamond Corporation and DMCC have announced the largest polished diamond auction ever held in the emirate’s history. The auction will feature over 3,200 lots of polished diamonds, totalling more than 50,000 carats, and will be held at the Dubai Diamond Exchange (DDE) in Almas Tower. This event marks a strategic expansion of Rapaport’s viewings in Dubai and a
