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
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Delhi HC Seeks Govt. Reply in Gold Import Case
New Delhi: In a major setback for the government, the Delhi High Court on Thursday ordered all major departments and ministries of trade and commerce to present files pertaining to the process of decision making which allowed a handful of private star trading houses to import gold, reports Business Standard. Hearing the case filed by Delhi Bullion and Jewellers Welfare
Anna Martin Joins GIA
New York: Anna Martin, who oversaw diamond and jewelry lending at both Standard Chartered Bank and ABN AMRO, has joined GIA as senior vice president of global development. “Martin will be responsible for broadening and deepening GIA’s relationships with clients and stakeholders and overseeing the Institute’s global beneficiation efforts,” said a statement. She will be based in New York City,
GII Installs AMS at BDB
Mumbai: Gemological Institue of India (GII) recently inaugurated the Automated Melee Screening (AMS) machine by Mr. Anoop V. Mehta, President, Bharat Diamond Bourse (BDB) and Mr. Arunkumar Mehta, Rosy Blue (India) Pvt. Ltd, installed in the Diamond Detection Resource Center (DDRC) at Bharat Diamond Bourse (BDB) Mumbai. On the occasion, Mr. Vipul Shah, Chairman, GJEPC said, “We are glad to
Artisan Jewellery Design Awards by GJEPC
Mumbai: The Gem and Jewellery Export Promotion Council of India (GJEPC), the apex body of the gem & jewellery industry in India announces ‘The Artisan Jewellery Design Awards 2014’ scheduled in December 2014. Having hosted award and reward programs for the industry over 25 years, GJEPC now invites participation from all established and budding designers across the nation to bring
India Declares Gold Workers as Handicraft Artisans
New Delhi: Lakhs of gold karigars across the country will stand to benefit from a recent notification issued by the Development Commissioner (Handicrafts) in the Ministry of Textiles, Government of India that has accepted them as Handicraft Artisans. With this notification, the government has acceded to a long-pending demand of the artisans and their associations. The GJEPC had supported the
Rio Tinto's 'Diamonds with a Story' Portal Opens
Perth: Rio Tinto launched an online portal for its “Diamonds with a Story” initiative, featuring information that is meant to help manufacturers, designers and retailers stay on top of marketplace trends. The portal, www.diamondswithastory.com, provides information and videos on consumer insights, design inspiration and products and marketing. Users may also view and search through Rio Tinto’s supplier network. The mission
Polished Prices Plunge While Rough Stays
New York: Polished diamond prices fell over the past three months even as rough prices remained firm, according to information published in two indexes. The price of 1 ct. laboratory-graded diamonds fell 6.2 percent during the second quarter, according to the RapNet Diamond Index (RAPI). The index is calculated based on listings on the online network. The price of the
Sightholders Can Defer 25% of July Supply
Gaborone: De Beers will allow sightholders to defer as much as 25 percent of their supply at next sight, taking place between July 13 & 17, as rough diamond sales continue to slide. “We appreciate that it is currently a quiet period for trading and at sight 6 all sightholders will therefore have the option to defer up to an
