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
Global Rough Prices Up by 6-7% in 2014
Moscow: Since the beginning of 2014 till the end of the first half rough diamond prices rose by an average of 6-7% at the global market. This estimate is stipulated in the recent report of ALROSA for the second quarter, cited by Finmarket.ru. Majority of market players have observed the negative trend shifted to stabilization or growth of prices in
De Beers to Accept Registration of Interest for New Sightholders
Gaborone: The De Beers Group of Companies today confirmed that it will accept registrations of interest for its 2015-2018 Global Sightholder Sales contractual period from 25th–29th August, 2014. Any diamond businesses interested in applying for supply from the start of the new contractual period will need a Key Individual from their Group to register at www.debeerssightholder.com/apply between these dates. General
FACETS 2014 Opens on September 4th
Colombo: FACETS Sri Lanka 2014, the 24th International Gem & Jewellery Show will be held from 4th – 7th September 2014 at the he BMICH Exhibition and Convention Centre in Colombo. FACETS Sri Lanka, held since 1991 with state and private sector patronage, will showcase a wide variety of sapphires and gemstones from producers and wholesalers from all the main
New UK Guidelines to Boost Ethical Sourcing of Jewellery
London: New guidelines in the UK are set to help boost ethical sourcing of jewellery. The recommendations from the government are to make retailers and producers aware of human rights abuses that take place in their supply chains. Gold, diamonds and other precious stones and metals are often sourced from areas in Africa and South America where labourers face appalling
GJEPC Explores Growth Opportunities in Latin America
Mumbai: The Gem and Jewellery Export Promotion Council (GJEPC) has organised a Latin American delegation visit from 21st to 29th May 2024. The delegation will tour Brazil (São Paulo and Rio de Janeiro), Colombia (Bogotá), and Panama (Panama City). The visit aims to explore markets to boost India’s exports in the Latin American and Caribbean (LAC) region. Led by Mr.
PGI Creates Jewellery Demand that Otherwise would not Exist
Hong Kong: Creating an ounce of demand in platinum jewellery requires deliberate actions that can incorporate various differences along the product journey, according to the latest insights from the 2024 Platinum Jewellery Business Review by Platinum Guild International (PGI), the global marketing organisation dedicated to creating and strengthening the market for platinum jewellery. “Driving sales and value for platinum jewellery
WDC Welcomes Support for Listing Countries of Mining Origin on KP Certificates
Dubai: The World Diamond Council (WDC) concluded the 2024 Kimberley Process (KP) Intersessional with a renewed commitment to ethical practices, transparency and industry reform. The event, hosted by the United Arab Emirates, brought together key stakeholders to discuss the future of the diamond industry under the theme, “Year of Delivery.” In her closing remarks, WDC President Feriel Zerouki honored the late
India’s Plain Gold Jewellery Exports Grew 27.45% in April
Mumbai: India’s export of plain gold jewellery continues to soar, marking a significant 27.45% increase, reaching USD 342.27 million in April 2024, compared to USD 268.56 million in the same month the previous year. The overall exports of gems and jewellery declined 11.37% to USD 2074.85 million in April 2024, as compared to the same period the previous year. However,
