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
Scotiabank Named in Silver Price-Fixing Lawsuit
New York: A U.S. investor has accused the Bank of Nova Scotia, Deutsche Bank and HSBC of engaging in an ongoing conspiracy to fix the price of silver, reports thestar.com. Investor J. Scott Nicholson alleges that thousands of small investors around the world have been put at a disadvantage by the secretive way in which prices for the physical metal,
Anglo May Sell Nine Mines
Gaborone: Anglo American, whose chief executive Mark Cutifani is reviewing assets to divest non-performing businesses, may announce at least nine more mines for sale, according to Standard Bank. Anglo, which reports first-half earnings today, has said it was seeking to improve its return on capital to at least 15 percent by 2016 from about 8 percent in June 2013. Cutifani
De Beers Unveils Sightholder Logo
Gaborone: De Beers has unveiled a new logo for clients to signify they are part of the company club. The new sightholder logo is built around an S in a circle, with a diamond-like icon in the middle, over the word sightholder in large letters, and “of the De Beers Group of Companies” in smaller letters. (The old identifier, “Family
Pandora to Celebrate Women around the World
New York: Jewellery brand Pandora has launched a new initiative that it says will celebrate the selfless work women do within their communities and around the world to improve the livelihood of women and children. Called the Pandora Hearts of Today, the program will give the brand the opportunity to support a variety of women-focused charitable programs. To help identify
Exciting Themes for Artisan Awards 2024
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has unveiled two exciting and unconventional themes for the 7th edition of The Artisan Awards 2024: ‘Unusual Materials’ and ‘Objet Trouvé.’ These innovative themes promise to redefine artistic expression and inspire designers to think out-of-the-box and blend alternative and precious aspects to create avant-garde fine jewellery. The first theme, ‘Objet Trouvé’
David Prager is New Chairman of NDC
Mumbai: Stephen Lussier, the longest serving member of the Natural Diamond Council’s Board of Directors, has announced that he will be retiring from his roles as Chair and Board Member. David Prager, Chief Brand Officer at De Beers and active NDC board member since 2022, will replace him as Chair.Lussier played an instrumental role in bringing together competitors from the mining sector to invest in
GJC Launches ‘India Jewellery Shopping’ Festival
New Delhi: All India Gem and Jewellery Domestic Council (GJC), the apex trade body that unites jewellery manufacturers, wholesalers, retailers, and exporters, announced the launch of Jewellery Shopping Festival (IJSF) in Delhi today. The launch will be held across the country in 300 cities from 15th October to 22nd November. Divine Solitaires is Powered by sponsor for this event. Mr. Nitin Gadkari, Minster of Roads & Highway Transport graced the event with his presence. The festival will offer benefits to both the B2B and the B2C segment wherein business owners can be
GJEPC’s 3rd International G&J Show in Dubai
Dubai: India’s Gem & Jewellery Export Promotion Council (GJEPC), the apex trade organization dedicated to promoting Indian gem and jewellery exports worldwide, presented the highly anticipated 3rd edition of the International Gem & Jewellery Show (IGJS) in Dubai. The show is supported by the Ministry of Commerce and Industry, Government of India, and the Embassy of India in UAE. Additionally,
