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
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
Global Diplomats Tour Antwerp’s Diamond Sector
Antwerp: On Wednesday, 150 diplomats descended upon Antwerp. In the context of the Diplomatic Day, organized by the City of Antwerp, they visited the Antwerp World Diamond Centre. Diamond Office, the beating heart of AWDC, attracted a lot of interest. Just like diamonds, diplomats travel around the world. Wherever they go, they transmit their knowledge. As diamonds are one of
Indian Diamantaires to Set Up Mfg Units in Ras Al Khaimah
Ras Al Khaimah: Officials from Ras Al Khaimah (UAE) and India’s leading diamantaires gathered for a high-level meeting recently at the Surat Diamond Association (SDA) premises, according to a press release. The Government of Ras Al Khaimah was represented by officials Alan Nixon – Associate Manager, International Business Development, Government of Ras Al Khaimah and Ashok Shridharan – CA, Government
GIA India Makes Contribution to GJNRF
Mumbai: As a part of its Corporate Social Responsibility (CSR) initiatives, GIA India Laboratory Private Limited made a contribution to the Gem & Jewellery National Relief Foundation (GJNRF) for the Swasthya Kosh Fund, which provides preventive healthcare through an insurance plan for contracted workers of the gem and jewellery industry. GJNRF is a fund created by the Gem & Jewellery
IIJS Premiere 2023 to be Held at 2 Venues in Mumbai
Mumbai: The India International Jewellery Show(IIJS) Premiere, for the first time in its 39-year old history, will be held at two different venues in Mumbai city – NESCO Goregaon & JIO World. This distinct move highlights the increasing importance of the gem and jewellery industry in both domestic and export trade in India. IIJS Premiere 2023 will witness the industry’s
Russian Diamond Exports Increased after Ukraine War
Moscow: Despite U.S. sanctions, Russian diamond sales rose after the Ukraine war began, according to Kimberley Process (KP) statistics for the first half of 2022. The numbers—which have not yet been made public—reveal that following the Feb. 24, 2022, invasion of Ukraine, Russia sharply increased diamond exports to the European Union (which includes Antwerp, Belgium) as well as to two
Rajesh Exports Registers Record High Sales
Bengaluru: (By Evaluate Research) : Rajesh Exports reported stellar results, ahead of our expectations, both in terms of revenues as well as profits, for the fiscal third quarter [ended December]. The performance continues to beat expectations as growth in the previous quarter was also solid. Revenue increased significantly by 45% YoY to a record high level of Rs.945 bn vs.
