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
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
GSI Issues India’s First Pigeon Blood Reports
Jaipur: Gemological Science International (GSI), one of the world’s largest gemological organizations, has begun issuing colored stone reports carrying recognized color trade names — Pigeon Blood for ruby, Royal Blue and Padparadscha for sapphire — in Jaipur and Mumbai. It is the first time such reports have been issued in India. The designations are granted only to untreated stones. Heated, diffused or otherwise enhanced material is
Sky Gold Enters MSCI India Domestic Small Cap Index
Mumbai: Sky Gold & Diamonds Ltd, one of India’s fast-growing jewellery manufacturers, has been added to the MSCI India Domestic Small Cap Index, as part of the latest index review announced by MSCI. The inclusion marks an important milestone for Sky Gold, reflecting the company’s growing presence and relevance within India’s listed small-cap universe. A key development during the current quarter
Petra Diamonds Anticipates Lower Revenue for '15
Johannesburg: Petra Diamonds Ltd. reiterated its production target of 3.2 million carats for the fiscal year that ends on June 30 and it remains on target to achieve 5 million carats by 2019, according to a market update that was filed on the London Stock Exchange. However, due to the lower incidence of high-quality rough diamond production and with a
Belgium's Polished Diamond Exports -16% in May
Antwerp: Belgium’s polished diamond exports dropped 15.5 percent year on year to $1.061 billion in May, according to data provided by the Antwerp World Diamond Centre. By volume, polished exports slipped 12.5 percent to 486,639 carats. Polished imports fell 14.8 percent to $863.5 million, leaving net exports down 18.6 percent at $197.3 million. Rough imports fell 6.7 percent to $1.1
Zimbabwe Sells 1,4 Million Carats of Rough
Harare: Zimbabwe sold 1,4 million carats of rough diamonds worth $75,92 million from local tender sales in the first five months of the year, data received from the Minerals Marketing Corporation of Zimbabwe (MMCZ) shows. During the five months to May 5, a total of 1 410 446,44 carats of rough diamonds were sold for $75,9 million. March sales, which
Rough, Polished Diamond Prices Mismatch
Gaborone: Botswana minister said the current mismatch in rough and polished diamond prices has resulted in weak demand for gems. The country’s Ministry of minerals, energy and water resources Onkokame Kitso Mokaila told delegates at the annual Botswana Resource Sector Conference in the capital, Gaborone that the downstream diamond sector had been recording squeezed margins. Diamond cutter Teemane manufacturing indicated
