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
Now Polygon Bans EGL Reports From Network
New York: The Polygon trading network will no longer list diamonds with European Gemological Laboratory (EGL) International reports on its service—although another platform, IDEX, says EGL reports remain welcome. The announcements come in the wake of trading network RapNet’s decision to ban all EGL reports. “We have been closely following the current discussions regarding EGL International, both on and off
De Beers Held Talks with Dubai Diamond Exchange
Dubai: A delegation of senior executives from De Beers visited the Dubai Diamond Exchange (DDE) on September 14, with the sides discussing future collaboration, the increasing role that the producing nations play along the New Silk Route and the opportunities this shift is bringing. DDE Chairman Peter Meeus hosted the delegation along DMCC Chief Executive Officer Gautam Sashittal. The De
Gemfields to Explore Gemstones in Sri Lanka
Colombo: Colored gemstone miner, Gemfields Plc formed a joint venture East West Gem Investments Ltd. (EWGI) to explore sapphire and gemstones in Sri Lanka. Under the agreement, the joint venture will operate through three Sri Lankan subsidiaries. Gemfields will hold a 75 percent stake in the project with EWGI holding the remaining 25 percent stake. Gemfields said it acquired a
First Texas-Israel Diamond Show Sparks Great Interest
Ramat Gan: The first Texas-Israel Diamond Show, taking place later this month in San Antonio, promises to be an exciting event for both sides. The show, sponsored by the Texas Jewelers Association (TJA) and the Israel Diamond Institute (IDI), is an unprecedented opportunity for Israeli diamond exporters and Texas jewelers to meet face to face and to do business. The
PNG Jewellers to Unveil 9 Stores in 9 Days this Navratri!
Mumbai: In a momentous celebration of tradition, culture, and expansion, PNG Jewellers, a 192-year-old legacy brand synonym with trust, purity, commitment, and Maharashtrian tradition is set to launch nine new stores across Maharashtra this Navratri. Boasting sizes ranging from 2500 to 6500 sq. ft., each store will offer an extensive array of jewellery, comprising rings, earrings, exquisite bracelets, and bridal
GJS 2024 Concluded Successfully
Mumbai: All India Gems and Jewellery Domestic Council (GJC) recently announce the successful completion of its highly anticipated jewellery exhibition – Gems and Jewellery Show (GJS) – Diwali 2024 held from 25th September 2024 to 28th September 2024 at the Jio World Convention Centre, Mumbai. The event #HumaraApnaShow attracted thousands of jewellery enthusiasts, connoisseurs, and industry professionals, making it one
GJEPC’s 3rd Gem & Jewellery BSM Opened
Mumbai: India’s Gem and Jewellery Export Promotion Council of India (GJEPC), the apex trade organization dedicated to promoting Indian gem and jewellery exports worldwide, organized the 3rd edition of the Gem and Jewellery Buyer Seller Meet (G&J BSM) at the iconic Bharat Ratnam, Mega CFC SEEPZ in Mumbai. The two-day event was graced by the presence of distinguished guests including Mr.
BDB Leadership Series ‘Polishing our Future’ on 11th Oct
Mumbai: Bharat Diamond Bourse (BDB) is organizing the BDB Leadership Series: “Polishing Our Future,” on October 11, 2024, at the Convention Hall, BDB, Mumbai. This event is a rare opportunity to engage with leading figures from the diamond and jewellery industries, and BDB has invited industry professionals to register and be part of the conversation shaping the future of the
