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
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Zimbabwe Cuts Gold Levy to Assist Revival
Harare: Patrick Chinamasa, the Zimbabwean finance minister reduced royalties on gold producers from 7% to 5% in a bid to incentivize growth in the mining sector which is now faced by a negative growth of 1.9% for this year. Zimbabwe is a resource- and agro-based economy whose manufacturing and industry sectors are wobbling. The mining sector has, however, been showing
Viewing of first Grib Diamonds Begins Today
Antwerp: The viewing of the first production of Grib Diamonds NV, a 100% owned subsidiary of OAO LUKOIL, will begin on Monday, September 15th, and will conclude on the following Monday. Consequently, on Tuesday September 23rd, the company will hold its first-ever, online auction of rough diamonds from the diamond mine named after Vladimir Grib in Arkhangelsk region (Russian Federation).
PNG Jewellers Celebrates Centenary of ‘Late Shri Dajikaka Gadgil’
Pune: P. N. Gadgil Jewelles recently celebrated the centenary year of ‘Late Shri Dajikaka Gadgil’ with various events spread out across the day to mark the majestic celebrations. Launch of late Shri Dajikaka Gadgil museum inaugurated by Mayor Chanchalatai Kodre, Shashitai Kirloskar and Mr.Vasant Davkhare, Deputy Chairman of Maharashtra Legislative Council followed by Madhuri Dixit Nene’s visit to the Laxmi
PJ Watson is Gem-A Gem Empathy Award Winner
London: The Gemmological Association of Great Britain (Gem-A)) has announced the winner of this year’s Gem Empathy Award as P J Watson. The Hertfordshire-based designers, manufacturers and wholesalers of fine diamond and gem set jewellery were awarded the prize for their stunning multi-purpose tourmaline and diamond, peacock feather brooch in 18ct white gold, created especially for the IJL show. Gem-A’s
Industry Faces New Challenges Now
Milan: With the world finally emerging from the restrictions imposed during the COVID crisis, the jewellery industry is now required to compete without certain of the strategic advantages it had during the pandemic, and this is occurring during a period of economic slowdown in many regions, CIBJO President Gaetano Cavalieri has told the Global Pearl Development Conference in Zhuji, China,
GJEPC Organized 6th Artisan Awards
Mumbai: In a grand event held in Mumbai, the Gem and Jewellery Export Promotion Council of India (GJEPC) unveiled the winners of the highly anticipated 6th edition of Artisan Awards 2023, the country’s esteemed jewellery design competition. This prestigious event, organized by GJEPC, showcased the exceptional talent and creativity of jewellery designers from across the nation and around the world.
Slight Decline in Sales of 4th Cycle
Gaborone: De Beers announced that sales of rough diamonds in the fourth sales cycle of 2023 saw a small decrease from the previous cycle. The provisional sales value for Cycle 4 2023 is $480 million, down 11% from $542 million in Cycle 3, and down 21% from Cycle 4 of 2022. Al Cook, CEO, De Beers Group, said: “Sales of
12th Edition of National Jewellery Awards
Mumbai: All India Gem & Jewellery Domestic Council (GJC), the national apex body of the gems and jewellery industry, has announced the 12th edition of National Jewellery Awards (NJA). Known for its stand for craft, devotion, and motivation for the industry, NJA is considered to be Industry’s biggest and widest award show that recognizes all sector of the industry and
