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 Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors
Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly
Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors
Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly
Top News
Workshop on Enameling by IIGJ
Mumbai: The Indian Institute of Gems & Jewellery Tardeo, Mumbai, (IIGJ) recently organized a ‘Workshop on Enameling’ by Mr. Kana Lomror which was well attended. The institute now proposes to organize another full day workshop on Enameling on 11th October 2014, a News Release from the Institute says. IIGJ Tardeo participates actively in Career Fairs. The institute motivates artistic and
De Beers Investing Billions in Business
Gaborone: Diamond mining and manufacturing company De Beers Group is making major investments in its business operations as diamond demand is expected to almost outstrip growth in diamond carat production in the next ten years, given the lack of new discoveries in the last decade, reports miningweekly.com. Industry analyst Goldman Sachs indicates that diamond demand is expected to expand at
Diamantaires Demand EDI Facility at SHB
Surat: Diamantiares in the world’s biggest diamond cutting and polishing centre in Surat have demanded the Electronic Data Interchange (EDI) facility at the Surat Hira Bourse (SHB) customs house for the hassle-free export and fast reimbursement of duty draw back, reports The Times of India. Recently, an industry delegation led by the Gem and Jewellery Export Promotion Council (GJEPC) represented
Surat to Get De Beers' 1st Research Institute
Surat: With the diamond consumers in the country accounting for the third largest share in the global polished diamond demand, a fiery competition is all set to start in the diamond certification business, reports The Times of India. De Beers, the world’s biggest mining company, has zeroed in on Surat to set up its International Institute of Diamond Grading and
Artisan Awards Receives 800 Artworks
Mumbai: An afternoon filled with awe and excitement, the Gem and Jewellery Export Promotion Council of India (GJEPC), hosted the first round of screening for the Artisan Awards 2014. The eminent jury panel selected a total of 40 sketches from 800 entries, narrowing down the best in design, ingeniously bringing alive the movie eras through jewellery. Sanjiv Banerjee, Mamta Rajaram,
Surat to Have India's First Diamond SEZ Soon
Surat: The State of Gujarat in India is now proposing to set up a SEZ (Special Economic Zone) exclusively for diamonds in Surat, possibly the first of its kind in India. According to Gujarat’s Finance Minister Saurabh Patel, the SEZ will be set up in a month or two, as reported in Economic Times. The state government is keen that
India, China Sign MoU on Gem Trade
Jaipur: The gemstone councils of China and India recently signed a memorandum of understanding (MoU) to help facilitate seamless jewellery trade between the two countries, the Times of India reported. The MoU was inked between India’s Gems and Jewellery Export Promotion Council (GJEPC) and China Gems Centre (CGC) on the sidelines of the Jewellers Association Show in Jaipur. Panyu City Vice
International Diamond Week Postponed
Ramat Gan: The Israel Diamond Exchange announced today it is postponing the summer edition of the Israel Diamond Week, originally scheduled for September 1-4. The exchange quoted the continuing tensions in the region as the chief reason for the postponement. In a statement IDE President Shmuel Schnitzer said that “in view of the recent events in our region, the board
