We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
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More Than 200 Buyers Registered for Diamond Week
Ramat Gan: More than 200 foreign buyers are registered already for participation in the International Diamond Week (IDW) that will be held September 1-4 at the Israel Diamond Exchange (IDE). They will come face-to-face with more than 350 diamond firms which will exhibit their diamond stocks in the IDE’s trading hall. Since the IDW is a joint effort of the
KP Wants Firm Action on CAR Conflict Diamond Trade
Shanghai: Kimberley Process Certification Scheme members are upset by reports that conflict diamonds being extracted in the Central African Republic and are finding their way into the legitimate global diamond trade. After an inter-sessional meeting in Shanghai in June, the KPCS resolved to take action to stem the spillover of diamonds from the CAR, Israelidiamond.co.il reported. The KPCS determined that
Alrosa Diamonds Evade EU Sanctions
Moscow: Diamantaires in Russia and beyond were relieved to learn that Alrosa was not on the list of firms that the European Union has decided to slap sanctions on, JCK Online reports. In recent weeks, some diamond industry players worried that the Russian state-owned firm would be hit by trade restrictions, but these fears did not materialize. The sanctions were
Retailers Liable for Undisclosed Synthetics They Sell
New York: If a retailer sells a lab-grown diamond without disclosing its origin, it bears legal responsibility for that, even if that fact was not disclosed to the retailer, Jewelers Vigilance Committee president and CEO Cecilia Gardner said at a JA New York panel on synthetic diamonds on July 28, sponsored by the Natural Color Diamond Association (NCDIA). “A retailer
India’s GDP can Grow by 7.9% in 2016-17
Mumbai: India’s GDP can grow by 7.9 per cent next fiscal if the monsoon is normal and government implements the reform measures announced so far, domestic rating agency Crisil said on Friday, according to a report published in profit.ndtv.com. The growth forecast, highest by any house and even above the government’s own estimate of 7-7.75 per cent, has been arrived
Hallmark of Jewellery now Mandatory in India
New Delhi: The Bureau of Indian Standard (BIS) Bill, passed by the Indian Parliament, empowers the government to make hallmarking of gold and silver mandatory and provides for jail up to two years and fine up to 10 times of the goods’ value in case of violation related to misuse of standards. The Parliament, on 8 Mar, passed a bill
DPA Announces Changes to Marketing Team
New York: The Diamond Producers Association (DPA) has announced that Sally Morrison, Managing Director of Marketing, will leave the organization in May to pursue another professional opportunity. To ensure continuity of momentum in the DPA’s US marketing activities, Michael Pace will join the organization at the end of March as Interim Managing Director of Marketing, until a permanent replacement to
Vicenzaoro Dubai from 14th April
Dubai: An unmissable event for the jewellery business community, VICENZAORO DUBAI will open up a new chapter for the industry. It is set to be the world’s most important networking platform for those involved in jewellery, gold, precious stones and diamonds. Taking place from 14 to17 April 2016 at the Dubai World Trade Centre, the event is now in its
