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
Angola to Focus on CAR Challenges as KP Chair
Luanda: Angola, which is set to lead the Kimberly Process Certification Scheme (KPCS) next year, says that it will focus on following up on the situation in Central Africa Republic (CAR) and Venezuela. CAR was temporarily suspended from the KP in May 2013 after a coalition of rebels threw President Francois Bozize out of office. The World Diamond Council (WDC)
Tanzanite Foundation Announces Reorganization
New York: The Tanzanite Foundation has officially announced that it will undergo “structural and operational changes to better align with global tanzanite markets and sightholder expectations,” it explained in a recently released statement. “After a long consultation period with the global industry, the future direction and resource allocation for the Tanzanite Foundation’s education, promotion, and information-distribution programs has been established
232 Carat D-Color Diamond Unearthed in S. Africa
Johannesburg: It’s big, it’s colorless, and it just might be flawless. In a year filled with notable diamond finds, Petra Diamonds has unearthed a particularly impressive stone—a 232 ct. D-color stone with “exceptional clarity.” “The diamond is practically see-through, so it is very likely to produce a flawless stone,” says Petra spokesperson Cathy Malins. She describes the rough as “the
Rio Tinto Gifts Australian Diamonds to Smithsonian Institution
Washington: Rio Tinto has announced a donation of a significant sample of Australian rough diamonds to the Smithsonian Institution in Washington DC, the world’s largest museum and research complex and home to the most notable diamonds and diamond jewellery in the world. At an event at the Australian Embassy hosted by The Honourable Kim Beazley, Australian Ambassador to the Unites
DMIA Held its First ‘Meet & Greet'
New York: The Diamond Manufacturers and Importers Association of America (DMIA) held its first annual member “meet-and-greet-and inform” cocktail reception on Wednesday, March 15, 2023. A well-attended DMIA membership meeting followed the reception. DMIA had invited representatives of GIA (the Gemological Institute of America), the Natural Diamond Council (NDC), the International Gemological Institute (IGI), De Beers, and the U.S. Department
PNG Jewellers Signs Madhuri Dixit as Brand Ambassador
Mumbai: PNG Jewellers, announced the signing of Madhuri Dixit as its brand ambassador for the next two years. Madhuri Dixit, the renowned Bollywood actress, known for her elegance and grace, will represent the brand globally and across India. Madhuri was previously the brand ambassador for PNG Jewellers for a two year period. PNG Jewellers has been crafting exquisite jewellery for
IIJS Tritiya Inaugurated in Bengaluru
Bengaluru: India’s apex body, The Gem & Jewellery Export Promotion Council (GJEPC) presented India International Jewellery Show – IIJS Tritiya – in Southern India at the Bangalore International Exhibition Centre (BIEC) from 17th to 20th March 2023 – a month prior to Akshaya Tritiya, the auspicious gold jewellery-buying festival. IIJS Tritiya follows the stupendous success of IIJS Premiere – Bengaluru
Celebrating Gudhi Padwa with Precious Platinum!
Mumbai: As Maharashtra and some key Western states of India gear up to celebrate Gudhi Padwa, the Marathi New Year, there is a sense of excitement and anticipation in the air. This joyous occasion not only marks the start of a new year but also the beginning of the harvest season. And what better way to welcome prosperity than with
