We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
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India's Silver Demand Down by 75%
Mumbai: The demand for Silver in India has fallen rapidly since the start of the current fiscal year, said Indian Bullion and Jewellers Association (IBJA) in its latest report. The association cites scarce monsoon and buoyant stock markets as the key factors that led to the sudden drop in demand for Silver in the country, reports metal.com. The country’s silver
Grib Diamonds NV to Auction First Production in Antwerp
Antwerp: Grib Diamonds NV, a 100% owned subsidiary of OAO LUKOIL, announced that on September 23, 2014, it will hold a first auction of rough diamonds from the diamond mine named after V. Grib in Arkhangelsk region (Russian Federation), according to a press release issued by the Company. Grib Diamonds will hold diamond viewings from September 15, 2014, in Antwerp,
Air India Conducts Survey in Surat
Surat: The Air India (AI) has started a fresh survey to assess passenger traffic potential from Surat towards Mumbai, Delhi and Bangalore, reports The Times Of India. A team of AI officials led by general manager Mukesh Bhatia was in the city to meet members of trade and commerce, Surat Diamond Association (SDA), Southern Gujarat Chamber of Commerce and Industry
Zimbabwe Eyes Domestic Diamond Exchange
Harare: Government will auction local diamonds once or twice in Antwerp, Belgium, before testing waters on its own planned domestic exchange in November this year. Mines and Mining Development Minister Walter Chidhakwa said in an interview that Government was working on modalities of the domestic diamond exchange. “We are preparing for the (domestic) auction in November. We will do one
India's H1 Gem & Jewellery Exports Rise 11%
Mumbai: India’s Gem & Jewellery exports have been picking up since the start of the year and have maintained the momentum through the first half of the fiscal year. During April to September 2021, the overall gross exports of gems & jewellery recorded a growth of 11% to Rs. 140412.94 crore (+5.13% in dollar terms to US$18984.49 million) as compared to April-September 2019 of Rs. 126461.93 crore (US$ 18058.52 million). Mr.
Angola Int'l Diamond Conference from 25th Nov
Luanda: The Ministry of Mineral Resources, Petroleum and Gas (MIREMPET) informed that the first International Diamond Conference in Angola would be held from November 25 to 27, 2021, in Saurimo, the capital of the Lunda Sul province. The conference will include the participation of Mining Ministers from the main African diamond-producing nations, leaders of diamond companies and national and international
GJSCI-GJNRF Fund Training of 50 Microsetters
Mumbai: The pandemic has witnessed major migration of individuals who have been, some of the worst hit. There are innumerable stories that one would have come across during the last year and half. Most of the skilled artisans that are employed in the jewellery industry hail from states like West Bengal, Tamilnadu, Odisha, Rajasthan, etc. Due to uncertainty, these migrant
GJEPC Announces Theme for Artisans Awards 2022
Mumbai: After a successful edition of the Artisans Awards 2021, GJEPC announced its next at the IGJS 2021 in Dubai. The Collectors’ theme is further divided into 3 categories: Elizabeth Taylor, Barbara Hutton and Wallis Simpson The Gem & Jewellery Export Promotion Council (GJEPC) launched the theme of the 5th edition of Artisans Awards – “The Collectors” at a networking
