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
Buddha Diamond Cut to be Exhibited at ADTF
Antwerp: Diamond manufacturers are always looking for ways to innovate and bring new and better products into the market. One of the roads well-travelled toward innovation is the introduction of a new diamond shape or cut. But while Antwerp has seen its share of newly introduced modified cuts, it is not often that we encounter something unusual such as the
Statement by E.G.L. Platinum
Ramat Gan: Menahem Sevdermish and Avi Meirom, the founding owners of the EGL Platinum laboratory, have issued the following statement in response to the RapNet and Polygon press releases, respectively distributed on September 9 and 15, 2014, regarding the delisting of EGL diamond certificates. EGL Platinum supports RapNet’s and Polygon’s intentions to sanction any laboratory that issues over-graded certification, undermining
Rare Pink Diamond Ring Snatched
Perth: On Sept. 27, a rare pink diamond ring worth $577,000 was stolen during a viewing day at an auction house, according to a statement from police in New South Wales, Australia. Local news reports say the pink and white diamond ring, which held a rare pink gem excavated from Australia’s Argyle mine, was snatched from a counter during a
GIA Drops Fees on Synthetics Screening
New York: Gemological Institute of America (GIA) has dropped fees on its screening services for smaller diamonds to check if they are treated or synthetic. The service screens parcels of D-to-Z diamonds and colored diamonds up to 0.2 ct. The new fee structure reduces the existing per-stone fee from $12 to $10 for diamonds between 0.06 and 0.2 ct. and
GJEPC Wins Government Award
New Delhi: India’s Gem & Jewellery Export Promotion Council was one of the winners of a prestigious award from the Ministry of Commerce, Government of India for promotion of the use of the official language of the government, Hindi, in its work during the year 2013-14. The awards were distributed by the Commerce Secretary Rajeev Kher and received on behalf
SGL signs MoU with Nepal Gem & Jewellery Asso
Kathmandu: Solitaire Gemmological Laboratories (SGL) headquartered London with laboratories in Dubai and nine locations in India, signed a MoU with the Nepal Gem & Jewellery Association (NEGJA) to start an SGL laboratory in Kathmandu. This will be the first international laboratory to enter the Nepalese market and form a strategic alliance with an association. The NEGJA is the largest jewellery
KP Could not Elect Vice-Chair '15
Guangzhou: The vote at the plenary meeting of the Kimberley Process (KP) in Guangzhou, China, which ended yesterday for the country to serve as Vice Chair for 2015 ended in deadlock. With Angola set to become Chair on January 1, Dubai and Australia were the candidates for the position of Vice Chair. A source at the meeting said that among
Next Israel Diamond Week in February 8-12, 2015
New York: The Israel Diamond Exchange (IDE) announced that it would host the winter edition of the International Diamond Week February 8-12, 2015. “We have looked hard at the very busy calendar of the international diamond and jewelry trade and decided that these were the best dates for all parties involved for the Winter 2015 edition,” IDE President Shmuel Schnitzer
