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
DDC Makes Award to Pankaj Parekh
New York: The incoming chairman of India’s Gems & Jewellery Export Promotion Council (GJEPC), Pankaj Kumar Parekh, was presented with an award by Reuven Kaufman, president of the Diamond Dealers Club, and Eli Izhakoff, WFDB and DDC honorary president, at a reception in honor of the first India Diamond Week in New York, reports idexonline. Parekh was recognized for his
De Beers Introduces U.S. Diamond Reselling Insight Program
New York: De Beers created a program through its independent entity, the International Institute of Diamond Valuation (IIDV), that is meant to enhance the understanding of consumer diamond reselling activity in the U.S. and will being operating with a small number of retailers. The program was created to assess the effectiveness of reselling approaches and to explore ways to improve
Argyle Pink Diamonds Celebrates 30 Years
Sydney: Argyle Pink Diamonds is marking its 30th anniversary with a limited edition pink diamond encrusted feather pendant. Dubbed the Argyle Pink Plume, the necklace is set with more than 1 carat of natural Argyle pink diamonds. Only 100 of the anniversary pendants will be made. Each piece has a numbered “1 of 100” laser inscription and is accompanied by
Purple-Pink Diamond May Set New Record
Hong Kong: Auctioneer Sotheby’s will put an 8.41-carat pear-shaped internally flawless fancy vivid purple-pink diamond on the block in Hong Kong on October 7, with a pre-sale estimate of $12.8 million to $15.4 million. If the diamond is sold at the top of the estimate range, it will become one of the top three pink stones ever sold at auction
AGL Celebrates Five Years under New Management
New York, 15th April: American Gemological Laboratories (AGL), a provider of high-quality gemstone analysis and reporting is celebrating its five-year anniversary under the stewardship of Christopher P. Smith. “Five years ago, AGL was re-privatized during one of the most difficult periods the US and world financial markets have experienced in recent decades. AGL, however, had a good reputation and we did
Gold Smuggling Arrests Jump 750% YoY in India
Mumbai, 14th April: While cases of gold smuggling in India have jumped 265% from 40 in 2012-13 to 146 in 2013-14, the number of people arrested has shot up by 750%, from 30 in 2012-13 to 255 in 2013-14, data from the Directorate of Revenue Intelligence shows, according to a report published in Mineweb. “Gold imports through the legal channel have
