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
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
De Beers Briefs NY Banking Community
New York: Rough diamond supplies are likely to plateau by 2020 and then significantly decline during the following decade, according to Howard Davies, the head of commercial development for De Beers, who briefed members of the New York banking community recently about fundamentals affecting the state of the diamond market. Estimated global rough production, according to De Beers projections, will
DDC, IDE Create 'Diamond Supply Platform'
New York: The Diamond Dealers Club (DDC) of New York and the Israel Diamond Exchange (IDE) are creating an unparalleled “Diamond Supply Platform” on the trading floor of the DDC, at a time that North American diamond buyers need it most, DDC’s president, Reuven Kaufman, and IDE’s president, Shmuel Schnitzer, said in a joint statement recently. The two pledged to
Gem-A Confirms Two New Conference Speakers
London: The Gemmological Association of Great Britain (Gem-A)) has announced two new extra-special speakers for the Gem-A Conference 2014 from 1 – 4 November at the Business Design Centre in Islington. Joining the confirmed group of 13 top-international speakers, world-renowned specialist Dr Franz Herzog will run two exclusive workshops on Chemical Analysis using a portable Energy Dispersive X-Ray Fluorescence device
De Beers Finds a Diamond within Diamond
London: A De Beers sightholder found an “anomaly” in one of its parcels: a diamond encased within another diamond. India-based VD Global discovered the 0.329-carat, D-color, type IaAB diamond, named the Beating Heart, in October, and returned it to De Beers for testing, the miner said last week. The stone originated from one of De Beers’ mines in Botswana, Canada,
GIA to Join De Beers' Tracr Blockchain Platform
London: The Gemological Institute of America (GIA) will join De Beers’ Tracr, the world’s first distributed diamond blockchain platform. The diamond group said GIA’s participation in Tracr will enable the world’s leading diamond grading laboratory to include an immutable record of the provenance of polished diamonds in its diamond grading reports for the first time, as the industry moves towards
GIA Reintroduces Paper Certs after Backlash
New York: GIA has bowed to pressure and says it will re-introduce paper certificates, at no extra cost, as of Sunday (9 April), reports idexonline. The move to digital-only Diamond Dossiers, for stones up to 1.99-cts, provoked widespread criticism from retailers, who said some customers were refusing to buy a diamond without one. In a message to clients, GIA (Gemological Institute of America) said it “did
Bharat Diamond Week Inaugurated
Mumbai: The 4th edition of Bharat Diamond Week (BDW) was launched yesterday at Bharat Diamond Bourse (BDB). Dr. M’zée Fula-Ngenge, Chairman, African Diamond Council was the chief guest along with Mr. CP Singh Chauhan, IRS, Jt Development Commissioner SEEPZ and Mr. Senthilnathan, Chairman ECGC. Dr. Ngenge in his inaugural address spoke on the strong bond that the Indian Diamond Industry
