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
Antwerp Diamond Bank Faces Liquidation
Antwerp: The sale of Antwerp Diamond Bank to China’s Yinren Group appears stalled, and some fear the 80-year-old bank might liquidate, according to Belgian reports citing newspaper De Tijd. Parent company KBC, directed by regulators to divest the bank, agreed to sell it to the Chinese Yinren Group for an undisclosed amount in December. But the sale—which requires regulatory approval—has
RJC Certifies Tara Jewels Ltd.
London: RJC announced that Tara Jewels Ltd., a Mumbai headquartered international integrated player in the jewelry industry with expertise ranging from designing to manufacturing and retailing of jewellery, has achieved Certification by meeting the highest ethical, social and environmental standards established by the RJC. “RJC warmly congratulates Tara Jewels Ltd. on its Certification. The successful verification assessment was conducted by
World Diamond Conference in Delhi
Mumbai: The World Diamond Mark Foundation (WDMF), in close cooperation with the Gem & Jewellery Export Promotion Council (GJEPC), India, will organize an international World Diamond Conference supported by the Ministry of Commerce and Industry, Government of India, in upcoming December, with its heart at the future of diamonds and diamond jewellery in the global luxury consumer market. The conference
India Gem & Jewellery Machinery Expo in Surat
Surat: The Gem and Jewellery Export Promotion (GJEPC) in affiliation with the Surat Diamond Association (SDA), will host the India Gem & Jewellery Machinery Expo (IGJME) at The International Exhibition & Convention Centre, Surat, from 28th – 30th November, 2014. The inaugural edition in 2013 saw 75 exhibitors spread across 100 stalls. This year’s edition has grown bigger and will
IIJS Premiere Gets Exhibition Excellence Awards
Mumbai: It was a Proud moment for India’s Gem & Jewellery Export Promotion Council (GJEPC) when the India International Jewellery Show (IIJS) Premiere received Exhibition Excellence Awards on 21st June 2024 in Mumbai. “IIJS Premiere 2023” won two awards 1) Top Sourcing Show of India – Winner and 2) India’s Grand Show -1st runner’s up. The winner awards were received
India Pavilion at JGA Hong Kong 2024
Hong Kong: The Gem & Jewellery Export Promotion Council (GJEPC) is proud to announce India Pavilion participation in the Jewellery & Gem Asia (JGA) Hong Kong, being helf from June 20-23, 2024, at the Hong Kong Convention and Exhibition Centre. This prestigious event stands as Asia’s unmatched mid-year B2B sourcing platform for the gem and jewellery industry. The India Pavilion,
Gemfields Ruby Auction Nets $68.7 Mln.
Mumbai: Gemfields Group Limited (GGL) has reported robust results from its recent auction of mixed-quality rough rubies, held from 3rd to 18th June 2024. The event, marking the 10th anniversary of Gemfields’ inaugural ruby auction, showcased strong market confidence despite industry challenges. The auction generated total revenues of $68.7 million, with 94 of the 97 lots offered being sold, accounting for 217,044
Cen. Bank Gold Demand to Rise in 2025: WGC
Mumbai: More than eight in ten (81%) of respondents have indicated that they expect reserve managers will continue to increase their gold holdings in the next 12 months, according to new data released by the World Gold Council (WGC). This is the highest ever recorded since its 2019 annual survey. The 2024 Central Banks Gold Reserves (CBGR) survey, which collected
