We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
Top News
Diamond Circle Launches First Bitcoin ATM
Brisbane: Bitcoin ATM maker Diamond Circle has installed its first kiosk at a cafe in Queensland, Australia. The new unit is located at the Bluff Cafe at Burleigh Heights, by the Gold Coast’s Surfers Paradise. The company describes its machine, unveiled earlier this year, as the first “cashless bitcoin ATM” kiosk to hit the market. The Diamond Circle ATM works
Gold Smuggling into India Hits New Record Highs
Mumbai: Customs officials at India’s main airports are failing to curb the increasing number of gold smuggling cases, as about 50 tonnes of the precious metal reportedly made it into the country only in the past 10 days. According to a report in the Hindustan Times earlier this week, the peak is tied to the seasonal increased demand related to
India’s Two Biggest Diamonds to Be Auctioned
Bhopal: National Mineral Development Corporation (NMDC) of India may take two of its biggest ever diamonds, produced from Panna mines in Madhya Pradesh, for auction in Belgium after having failed to get potential buyers despite repeated attempts, reports The Times of India. Last auction was held in Panna district, which concluded on Wednesday. Panna diamonds – a 37.68 carat and
'Ship of Gold' Recovered
New York: Some 15,500 gold and silver gold coins, 45 gold bars, and 61 pieces of gold jewelry have been recovered from the SS Central America, the famed Ship of Gold that sank in 1857. Odyssey Marine Exploration, the Tampa, Fla.–based company that earlier this year won the right to excavate the doomed vessel and keep 45 percent of the
Platinum Days of Love Celebrates the Love
Mumbai: The ferocity of the second wave of the pandemic caught everyone unaware. It brought people to a breaking point and brought with it a negative spiral due to the collapse of various systems. Couples had just about started to pick up the pieces of their foiled plans when the second wave tore away at the remaining shreds of their
National Task Force Formed on Hallmarking
New Delhi: The National Task force was formed out of 350 Associations / Federations representing East, West, central, North and South zones of the entire Gems & Jewellery Industry. The objective of this committee is to ensure a smooth implementation of mandatory hallmarking across the country. Honourable Minister of Consumer Affairs, Mr. Piyush Goyal, virtually met the industry on 24th May
Vaccination Camp for Daily Wage Diamond Assorters
Mumbai: The ‘Chuttak’ Assorters are the ‘daily wage’ community who play an important role in the Diamond trade. While Bharat Diamond Bourse (BDB) has been successful in providing vaccination facility to fight COVID 19 to all its members as well as Gem and Jewellery Industry members from outside the complex, the bourse committee has gone ahead and decided to vaccinate
6th Mubri World Meeting : Together We Shine More
Mumbai: In 2020 Mubri International Jeweler´s Association became the Jewelers Association with the highest number of members worldwide. In 2021, despite the economic challenges in the world and in the sector, the initiative remains stronger Mubri started the journey in 2016 primarily supporting the advancement and professional development of women. In 2019, after the Association’s rapid growth, men began to
