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
Top News
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
HRD Antwerp Launches 16th Edition of HRD Awards
Antwerp: HRD Antwerp has announced the launch of the 16th edition of the HRD Awards, the world’s leading design contest in creative and innovative diamond jewellery. The HRD Awards will be held within the framework of the World Expo Milano which will run from May 1st to October 31, 2015. The theme of the 2015 HRD Awards will be “A
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
WGC Members Committed to TCFD Reporting
The World Gold Council (WGC) today announced that its members, 33 of the world’s most forward-thinking gold miners, have committed to reporting their positions and progress on climate-related risks in line with the recommendations of Taskforce for Climate-related Financial Disclosures (TCFD). The TCFD recommendations and reporting framework is now widely recognised as the preferred method for embedding climate change into
7th Cycle of De Beers Collects $514 Mln.
Gaborone: Diamond miner De Beers sold an estimated $515-million of rough diamonds during its seventh sales cycle of the year. This compares with the $514-million in sales recorded in the sixth sales cycle, and the $334-million in sales recorded in the seventh sales cycle of 2020. Owing to the restrictions on the movement of people and products in various jurisdictions
CIBJO to Launch 3rd Season of Jewellery Ind. Voices
Milan: The third season of Jewellery Industry Voices, the widely followed webinar series presented monthly by CIBJO, the World Jewellery Confederation, will kick off the same way that it did in 2020, with an in-person seminar in Vicenza, Italy, which will be live-streamed simultaneously as a webinar around the globe. The two-hour, two-part seminar/webinar is a featured event during the
GJEPC Wbinar Discusses GST Refunds
Mumbai: The GJEPC organized a webinar on 8th September to discuss GST Refunds and a Critical Change in the GST Audit and its impact on business owners. Eminent speakers Nishant Shah, Partner, ELP and Pranav Pagari, Associate Partner, ELP were invited to brief participants on the “critical change” and the activities to be undertaken in September 2021 to avoid loss
