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
Rough Prices May See 5-10% Correction
Mumbai: Even as diamond companies are starved of funds, with Antwerp Diamond Bank (ADB) shutting shop in India and Standard Chartered Bank reducing exposure, a correction in the prices of rough and polished diamonds is likely, reports Business Standard. Vipul Shah, chairman of the Gem and Jewellery Export Promotion Council (GJEPC), said, “The prices of both rough and polished diamonds
Gem Sells Letšeng’s 198 Ct Diamond For $10.6m
London: Gem Diamonds has racked-in $10.6 million from the sale of a 198 ct white diamond recovered end of July from its 70 percent-owned Letšeng mine, in Lesotho. It said in a brief statement emailed to Rough & Polished that the Type II, D colour diamond attracted a price of $53 746/ct. “The sale of this large, high-quality white diamond
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
Augmont Unveils Char Dham Coin Collection
Mumbai: Augmont Gold for All, India’s leading provider of precious metals, unveils its limited-edition ‘Char Dham Coin Collection’ ahead of the festive season. Following the success of the Ram Mandir (Kan Kan Me Ram) coin just ahead of the Ram Mandir inauguration, this unique “Char Dham” series during the festive season provides devotees, collectors, and gift-givers an exceptional way to connect
GSI & Dr. Homi Bhabha State Uni. Sign MOU
Mumbai: Gemological Science International (GSI), a global leader in gemological services, and Dr. Homi Bhabha State University, Mumbai, signed a significant Memorandum of Understanding (MoU) on 6th May, 2024 to collaborate on education, research, and technological advancements. The partnership marks a strategic step forward in bridging academia and industry to promote innovative learning and research, specifically in gemology and chemistry.
Evara Shows the World how our ‘GIRLSGOTTHIS’
Mumbai: The rise of women’s cricket in our country has been nothing short of inspirational and it offers the perfect platform for Platinum Evara, platinum jewellery aimed at the young woman segment. After the unprecedented success of its campaign #IGotThis at the WPL, Platinum EVARA has returned with #GirlsGotThis, in its nuanced celebration of womanhood and modern femininity. With #GirlsGotThis, the brand moves
Jawhara Collaborates with NDC
Mumbai: UAE’s natural diamond jewellery brand Jawhara has been an industry pioneer with all their initiatives. Their two-year-long partnership with Natural Diamond Council (NDC) has helped establish their authority amongst discerning consumers in the region, and their latest venture furthers their vision towards transparency, by educating and empowering the Jawhara sales team with tools to upsell, upskill, and increase their
