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
IDMA Mourns Passing of Vasant Mehta
Antwerp: The board and members of the International Diamond Manufacturers Association (IDMA) deeply mourn the passing of one of the global diamond industry’s and trade’s leaders and mentors, Mr. Vasant Mehta, who passed away earlier this week at the age of 81. Vasant served as IDMA’s Vice President from 1998-2000 and then from 2002-2008, on behalf of the Gem &
Shaping the Roadmap for India’s $100 Bln. G&J Future
Mumbai: Department of Commerce, in association with the Gem & Jewellery Export Promotion Council (GJEPC), yesterday convened the ‘Chintan Shivir – 2040 Roadmap for Gems & Jewellery’, a high-level dialogue aimed at developing a comprehensive strategy to help India achieve its ambition of USD 100 billion in gems and jewellery (G&J) exports by 2040. The roadmap envisages an increase in
India’s Largest Platinum Experience Zone at Kalamandir Jewellers, Vadodara
Vadodara: Kalamandir Jewellers has unveiled India’s largest Platinum Experience Zone at its new flagship store in Vadodara, creating a dedicated destination for consumers to explore platinum jewellery across designs, occasions andprice points. The launch strengthens the visibility of platinum jewellery in Gujarat and complements Platinum Guild International’s (PGI) ongoing efforts to build awareness and appreciation for the metal through consumer education, design innovation
JGW Hong Kong Begins from 14th September
HONG KONG: Next month, the global jewellery industry has only one destination: Hong Kong. Organised by Informa Markets, JGW September (Jewellery & Gem World September) brings together 3,000+ exhibitors from 40+ countries and regions, all showcasing the collections that will define retail displays worldwide. This is the trade’s ultimate B2B sourcing destination: Six specialised buying experiences where attendees move beyond
Colombia to Host Int'l Emerald Symposium
Bogotá: Colombia will host an International Emerald Symposium in October in what is claimed to be the inaugural gathering of producer countries to address challenges facing the industry. Fedesmeraldas, the Colombian Emerald Federation, will organize the conference, which will seek to address a number of issues as well as opportunities in resource management, manufacturing, certification, nomenclature, technology, consumer education and
NY Diamond Dealers Club Elects New Board
New York: New York’s Diamond Dealers Club has elected a new slate of officers and board members, according to a club announcement. Those elected are as follows: Reuven Kaufman, president; Israel Ashkenazy, vice-president; Abraham Einhorn, treasurer; and, Elliot Krischer, secretary. The Control Committee members are: Isaac Lesser, Charlie Oh and Ely Rosenfeld. Elected to the Board of Directors are: Moish
Rajesh Exports Bags Rs. 1,170 Crore Order From UAE
Bengaluru: Rajesh Exports Ltd. on Tuesday said the company has bagged an export order worth Rs 1,170 crore from an UAE-based company for gold and diamond-studded jewellery and medallions, according to media reports. The Bangalore-based firm said that the order is to be completed by October, which will significantly add to its bottomline. “Rajesh Exports Ltd has bagged an export
Gem Diamonds H1 Revenue Drops
London: Gem Diamonds said its revenue dropped to $118 million in the first six months of the year from $148.9 million realised a year earlier. The company said in a statement emailed to Rough & Polished that its attributable profit also dropped to $15.4 million during the same period from $19.7 million in the first half of 2014. Gem Diamonds
