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
IIDGR Displays New AMSD in Greater China
Hong Kong: The De Beers Group of Companies’ International Institute of Diamond Grading & Research (IIDGR) showcased the new Automated Melee Screening (AMS) device to great reception at this September’s Shenzhen International Jewellery Fair and Hong Kong Jewellery & Gem Fair. The new AMS device which can take up to 500 carats at once is a spectrometer based system that
DDE Holding Sale of Rough from Kao Mine
Dubai: The Dubai Diamond Exchange (DDE) is hosting the Fusion/Hennig September Kao rough diamond tender for the first time. It started on September 21 and ends on Wednesday and offers the full run-of-mine production of the Kao mine located in Lesotho. It comprises more than 30,000 carats of rough, encompassing the full range of sizes and assortments, including large and
Gemfields Records $16M Profit
London: Gemfields plc. reported that revenue rose to $160.1 million for the fiscal year that ended on June 30, far surpassing revenue of $48.4 million one year earlier. The integrated gemstone mining company’s profit surged to $16.3 million compared with a loss of $22.8 million. Gemfields held cash of $36.8 million on June 30 and it estimated that inventory on
Zac Posen & Fabrikant-Tara Int'l Sign Partnership
Mumbai: Zac Posen, luxury apparel and accessories brand, and Fabrikant-Tara International, luxury diamond and gemstone wholesale company have announced their partnership to create a new collection of handcrafted fine Jewellery. The collection, scheduled to launch in Fall 2014, will be infused with the signature Zac Posen modern American glamour and detailed craftsmanship that the brand embodies. The collection will focus
llJS Premiere with Groundbreaking Changes
Mumbai: The 39th edition of the India International Jewellery Show (IIJS) Premiere is poised to make history with its groundbreaking changes and exciting new features. With two separate venues, the Jio World Convention Centre and the Bombay Exhibition Centre, this year’s show promises to offer a wider range of products and a world-class experience. The response from exhibitors and retailers
‘Gold Investment Market and Financialisation’
Mumbai: World Gold Council (WGC) has announced the last chapter of their India Gold Market Series, titled ‘Gold Investment Market and Financialisation’. As per the report, India, recognised as one of the world’s largest gold bar and coin markets, possesses a thriving investment demand for gold. The allure of gold lies in its safe-haven appeal and the flexibility to convert
JGA Hong Kong Ended with Success
HONG KONG: The Jewellery & Gem ASIA Hong Kong (JGA) successfully concluded its first big event since 2019 on 25 June, setting the stage for renewal and transformation as the industry undergoes a massive transition. In a format similar to its pre-pandemic editions, JGA, previously known as the June Hong Kong Jewellery & Gem Fair, brought together 1,688 exhibitors from
Platinum Leaders Shine at Season of Love Awards
Kochi: Building upon the resounding success of its previous five editions, Platinum Guild International (PGI) – India once again launched its annual flagship retail initiative, Platinum ‘Season of Love’ in 2023. This prestigious event witnessed participation from over 1650 stores and has become the pinnacle of achievement in the Indian platinum jewellery sector, celebrating excellence, creativity, and the limitless possibilities
