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
ADB Issue Can Still Be Solved
Antwerp: “There is still room to find a solution, to keep the financing levels of the Antwerp diamond sector at market conform levels.” This is AWDC’s reaction to the news that KBC will proceed with an ‘orderly wind-down’ of the Antwerp Diamond Bank. “As an umbrella organization we have been duly following the developments in this matter,” says Margaux Donckier,
IDW in New York– Unique Diamond Sourcing Opportunity
Ramat Gan: The third edition of the Israel Diamond Week in New York, to be held November 10-13, 2014, is the last-stop-station for diamond buyers toward the holiday season, and, in the words of Reuven Kaufman, President of the Diamond Dealers Club of New York (DDC), “a grand opportunity to stock up on polished diamonds” The event, held on the
Zimbabwe’s Diamonds Seized in Belgium
Harare: Zimbabwe risks losing 45 million U. S. dollars diamond revenue from Belgium after a South African company sued for wrongful cancellation of its platinum mining agreement with a Zimbabwe state mining firm in 2010, state media reported Thursday. Zimbabwe began trading its diamonds in Antwerp in November last year after the European Union lifted sanctions on the Zimbabwe Mining
EGL Int’l: No Single Diamond Grading Standard Exists
Ramat Gan: There is no single international standard for diamond grading, said Israeli lab EGL International in a statement in response to recent actions by trading networks. “With regard to the Rapaport Group’s decision to delist diamond grading reports of EGL and that it views GIA as the industry standard…the use of the term standard suggests that such a standard
Rio Tinto Publishes 17 Select Diamantaires for 2015
Perth: Rio Tinto published a list of 17 diamond manufacturers that have received long-term contracts to buy its rough diamonds this year. These clients, known as Select Diamantaires, have been listed on the company’s website, but management added that a final decision for its 2015 and 2016 supply period will be made before the end of the first half of
Ernie Blom to be Guest of Honour at IDW
Ramat Gan: Mr. Ernie Blom President of the World Federation of Diamond Bourses (WFDB) has been invited as a guest of Honour to the International Diamond Week in Israel on the 8th to the 12th February 2015. Blom commented on both the forthcoming Antwerp Diamond Trade Fair and the International Diamond Week in Israel, saying “These kinds of events are
RJC to Hold AGM and Conference in Mumbai
Mumbai: The Responsible Jewellery Council (RJC) will hold its Annual General Meeting and a Conference at the Bharat Diamond Bourse in Mumbai, India from 13 to15 April 2015. The event will be structured over three days and will offer RJC Members and Stakeholders the opportunity to better familiarize with current and future RJC projects, the Indian manufacturing industry and best
‘CSR for Jewellery Professionals’ Course by Gem-A
London: The Gemmological Association of Great Britain (Gem-A) has announced its ‘CSR for the Jewellery Professionals’ course is now open for enrolment. The six lesson course, developed in conjunction with Branded Trust and the educational arm of the World Jewellery Confederation (CIBJO) the World Jewellery Confederation Education Foundation (WJCEF), is now accepting applications from across the trade for those who
