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 Gold Imports Rising
Mumbai: Gold imports are estimated to be 95 tonne during September, mainly on account of decline in international prices and due to the ongoing festive season, according to an industry expert. “The import of the yellow metal is estimated to be around 95 tonnes during this September. The imports rose mainly due to decline in price in the global markets,
Zimbabwe Pilot Local Diamond Auction Fails
Harare: In the beginning of October Zimbabwe opened its diamond tender in Harare. A large-scale local auction was schedule for early November to coincide with the country’s bi-annual diamond conference. The Herald newspaper reports that the gems “went for a song” after international buyers bought them at ‘half’ the international price. The daily claimed that questions had been raised on
Shanghai Mission Great Success for Antwerp
Antwerp: The Belgian city of Antwerp and the Chinese city of Shanghai celebrated the 30th anniversary of their sisterhood ties with a spectacular fashion show in Shanghai, completely accessorized with diamonds. The exclusive evening was organized by the Antwerp World Diamond Centre. Antwerp diamond traders traveled to Shanghai and seized the opportunity to network with the Chinese diamond traders present
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
‘INDRA’ Launched to Promote Natural Diamonds
Mumbai: De Beers Group, the world’s leading diamond company, and the Gem & Jewellery Export Promotion Council (GJEPC), India’s apex jewellery trade body, yesterday announced the commencement of a strategic collaboration to strengthen the natural diamond narrative within the Indian gem and jewellery trade. The collaboration titled, INDRA – Indian Natural Diamond Retailer Alliance, will focus on supporting independent retailers in India
CIBJO Seminars at Vicenzaoro
Milan: CIBJO’s long-running Jewellery Industry Voices webinar and seminar series will kick off its sixth season in typical fashion, at the VICENZAORO show in Vicenza, Italy. As was the case last year, seven hybrid seminars will take place – in person at the Fiera di Vicenza exposition centre, and simultaneously live streamed. They will be held over two days, on Saturday,
Kumar Mangalam Birla Graces IIJS Signature 2025
Mumbai: Industry luminary Mr. Kumar Mangalam Birla, Chairman of the Aditya Birla Group, visited IIJS Signature on 6th January 2025. During his visit, Mr. Birla was briefed by Mr. Nirav Bhansali, Convener of National Exhibitions, GJEPC and Mr. Sabyasachi Ray, Executive Director, GJEPC, about the Council’s key initiatives and activities aimed at driving growth and development of the Indian jewellery
DHL Signs MoU with GJEPC
Mumbai: DHL Express, the world’s leading international express services provider, has signed a Memorandum of Understanding (MoU) with the Gems and Jewellery Export Promotion Council (GJEPC) to ship India-crafted jewellery via courier mode, leveraging DHL’s time-definite international (TDI) delivery service. As the first international logistics provider to sign an MoU with GJEPC, DHL will support local jewellery and gem makers
