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
Varuna D Jani’s MAMI Trophy Rises Like Pheonix
Mumbai: The 16th edition of the Mumbai film festival organized by the Mumbai Academy of Moving Image (MAMI) will have a sparkling touch this year. The renowned jewellery designer and adornologist Varuna D Jani has graciously volunteered to design and craft the 15 coveted award trophies for the ongoing MAMI festival at PVR Cinemas in Andheri, Cinemax, Versova and Chandan
Zimbabwe Diamond Conference to Discuss Challenges
Harare: The Second Zimbabwe Diamond Conference, to be held November 6-7, will feature three panel discussions featuring different aspects of the challenges facing the Zimbabwean diamond industry, as well as the wider global diamond trade. The seminar sessions will each feature experts in the area of discussion and aim to stimulate a wide-ranging debate among the African and global diamond
Zimbabwe Govt. Demands Diamond Dividends
Harare: The Reserve Bank of Zimbabwe has ordered banks to deduct 15 percent special dividends from gross diamond sales, backdated to April this year in line with provisions of the 2014 Finance Act, but diamond miners have raised alarm, reports allafrica.com. The Act signed into law in April had not been enforced since yet. The diamond producers said they will
Rio Tinto’s Q3 Diamond Production Down 15%
Perth: In its 2014 third quarter ‘production report’, Rio Tinto has declared a 15% decrease in diamond production of 3549000 carats for Q3-2014 as against 4158000 carats for the same period in 2013. All the three mines, Argyle (2455000 carats), Diavik (1004000 carats) and Murowa (90000 carats) are now in production and contributed towards Rio Tinto’s diamond total output for
WGC Launches ‘It’s Aaj ka Gold’ Campaign
Mumbai: The World Gold Council (WGC) recently announced the launch of its first India-focussed gold ETF campaign, built around the powerful core message ‘It’s Aaj Ka Gold’ (means ‘Today’s gold). The campaign is aimed at modernizing gold investment for the nation’s digital-savvy young investors. The campaign aims to address the awareness–action gap and reinforce the accessibility, liquidity and strategic relevance
GJSCI’s Initiative on Tribal Youth Empowerment
Mumbai: The Shrimad Rajchandra Skill Development Centre, set up in partnership with the Gem & Jewellery Skill Council of India (GJSCI) in September 2022, is helping tribal youth in Dharampur, Valsad, in southern Gujarat build sustainable careers in the gem and jewellery sector. The centre offers training in jewellery CAD design, a key skill in modern jewellery manufacturing. Supported by
Zen Diamond Opens Store in Chandigarh
Chandigarh: Zen Diamond continues to expand its presence in India with the opening of its latest boutique at Nexus Elante Mall, Chandigarh. After establishing a strong foothold in Mumbai with stores in Bandra and Borivali, and further strengthening its presence in Bengaluru with two stores, Zen Diamond now brings its hallmark of exquisite craftsmanship and modern design to North India.
Rio Tinto Concludes Its Final Beyond Rare Tender
Perth: Rio Tinto has brought its celebrated Beyond Rare Tender series to a close, presenting 52 lots of exceptional fancy colour diamonds sourced from its Australian and Canadian mines. Titled “Into The Light,” the event was the third and final edition in Rio Tinto’s annual Art Series. With the Argyle Diamond Mine having ceased operations in 2020 and the Diavik
