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
ALROSA’s Net Profit under RAS +59% in 1H
Moscow: Following the 1st half of 2014 OJSC AK ALROSA posted net profit under RAS soared by 59%, or 1.6 times, – to RUB 24.174 billion compared to RUB15.209 billion a year earlier, according to the company’s financial statement, cited by Finmarket.ru. ALROSA’s revenue increased by 20% and amounted to RUB81.551 billion compared to RUB68.01 billion in the 1st half
EU, US to Impose New Russia Sanctions
Washington: The United States and European Union plan to impose new sanctions against Russia this week, including penalties targeting key sectors of the Russian economy, the White House said Monday. The show of Western solidarity comes as the US accuses Russia of ramping up its troop presence on its border with Ukraine and shipping more heavy weaponry to pro-Moscow separatists
India's Jewellery Exports Up by 25% in June
Mumbai: The silver jewellery exports from India surged by 25.06% year-on-year to touch $134.52 Million (Rs. 803.50 crores) during the month of June this year while its gold jewellery exports too soared by 24.96% year-on-year to $664 Million (Rs 3966.07 crores), in accordance with the latest data released by the Gem and Jewellery Export Promotion Council (GJEPC). According to GJEPC,
‘Next Generation’ Gemstone Report Disclosure
London: Gemstone miner Gemfields and Gubelin Gem Lab have announced what they call the “next generation” of disclosure on laboratory-issued gemstone certificates. Unlike current gemstone certificates, which are issued without disclosing the identity of the party presenting the gemstone to the laboratory for a report, Gubelin Gem Lab will offer its clients the option of including their names included on
Karen Rentmeesters Appointed Permanent CEO of AWDC
Antwerp: Yesterday, the Board of Directors of the Antwerp World Diamond Centre (AWDC), the umbrella organization defending the interests of Antwerp’s diamond community, appointed Karen Rentmeesters as the new, permanent CEO. Rentmeesters, who have more than 14 years of experience within the organization, including 7 years as head of the PR & Industry Relations department and 3 months as interim
Remarkable Growth in Buyers at CARATS-2024
Surat: The diamond industry gathered in Surat city for an exhilarating three-day showcase of loose diamond, natural diamond, lab-grown diamond, jewellery, machinery, software and cutting-edge technology, held from 12th July to 14th July 2024 at the Surat International Exhibition and Convention Centre located at Sarsana, Surat. Organized by Surat Diamond Association (SDA), this premier B2B event brought together leading manufacturers,
GJEPC Holds 1st Ever Meeting with Kashmir Jewellery Trade
Srinagar: India’s Gem & Jewellery Export Promotion Council (GJEPC’s) leadership and Committee of Administration (CoA) held its first ever meeting with the jewellery trade community of Kashmir on 18th July in Srinagar. The meeting marks a significant step in building stronger ties and exploring collaborative opportunities between the jewellery traders and retailers of Kashmir and the wider trade network across
CIBJO Blue Books to be Spotlighted
Milan: A three day course tailored for jewellery industry professionals, which will take place from August 21 to August 23, 2024, at GIT in Bangkok, Thailand, will present ethical and sustainable best practices in the various sectors of the jewellery industry, as they are delineated in CIBJO’s Blue Books. The course is being offered jointly by the recently established CIBJO
