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
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Antwerp Diamond Trade Fair on February 1-3, 2015
Antwerp: Diamond buying jewellers visiting the Antwerp Diamond Trade Fair (ADTF) will get a genuine taste of the unequaled variety of diamonds that the Antwerp diamond market has to offer, says Ari Epstein, the CEO of the Antwerp World Diamond Centre (AWDC), which is the chief sponsor of the Fair. “Antwerp is the world’s leading diamond trading centre. However, my
Zimbabwe’s VP Lashes out at India’s Surat
Harare: Zimbabwe’s often reserved vice president Joyce Mujuru has sparked a potential diplomatic spat following her weekend tongue-in-cheek comment over India’s Surat. Surat, a city in the Indian state of Gujarat, was considered the world’s biggest diamond cutting and polishing centre. She was quoted in the local press as having said that India had “built a whole town” from smuggled
Winners Take Home Trophies at 2014 JNA Awards
Hong Kong: Anoop Mehta of the Bharat Diamond Bourse (BDB) and Ahmed Bin Sulayem of the Dubai Multi Commodities Centre (DMCC) – exceptional and inspiring leaders who are making an incredible impact in the gemstone and jewellery industry – led this year’s crop of 20 JNA Awards recipients. The awardees were feted in a spectacular ceremony and gala dinner that
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
E-commerce Policy for G&J Sector at Advanced Stage
Mumbai: Mr. Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Govt. of India met Export Promotion Councils (EPCs), Commodity Boards and Authorities recently in Mumbai to discuss measures to enhance and increase exports. Union Minister set a target of USD 1 Trillion for Merchandise Exports and announced Policy Measures to Boost Exports. Mr.
Design Gallery at IIJS Premiere 2021
Mumbai: One of the major highlights of the IIJS Premiere 2021 is the Design Gallery, a dedicated pavilion conceptualised by GJEPC to promote Budding Designers, Women Entrepreneurs, and Design Schools. This Design Gallery was first introduced during the IIJS 2019, and it witnessed an enthusiasticparticipation from deserving candidates who gained instant exposure for their innovativejewellery designs. Women Entrepreneurs and Budding
Rajesh Exports Registers Healthy Growth
Bengaluru: (Report by Evaluate Research): Rajesh Exports has reported a healthy growth in revenue and net profit, ahead of our expectations, on a YoY basis, despite a global economic slowdown, indicating that business performance is surely recovering. Net profit for the fiscal first quarter [ended June] came in at Rs.2,784 mn, up 67% on a YoY basis. A double-digit growth in
India's G&J Exports Continue on Upward Trajectory
Mumbai: India’s gem and jewellery exports continue to be on an upward trajectory. The overall gross exports of Gems & Jewellery recorded a growth of 26.77% to Rs. 24881.52 Cr (18.11% in dollar terms to US$ 3367.53 million) in the month of July 2021 as compared to Rs. 19627.37 Cr. (US$ 2851.15 million) in July 2019 (pre-pandemic). The overall gross
