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
RBI Relaxes Ceiling on Loans against Gold
Mumbai: The Reserve Bank of India has relaxed the Rs 1-lakh ceiling on loans for nonagricultural purposes against pledged gold and has left it to individual banks to decide on a lending cap. “Banks, as per their board-approved policy, may decide upon the ceiling with regard to the quantum of loans that may be granted against the pledge of gold
De Beers Announces Model for Rough Allocations
Gaborone: The De Beers Group of Companies yesterday announced its updated model for the allocation of rough diamonds by Global Sightholder Sales (GSS) in respect of the March 2015–March 2018 contractual period. Around 90% of De Beers’ total rough diamond availability by value is sold through GSS. The updated allocations model will involve a new method for determining GSS’s rough
Global Diamond Production +11% to $14B in 2013
Gaborone: Global diamond production by value rose 11 percent year on year to $14.09 billion in 2013, due mainly to an increase in the average price of rough diamonds, according to annual data published by the Kimberley Process Certification Scheme. By volume, global production increased 2 percent to 130.48 million carats, while the average price of production grew 9 percent
PDE President to Present Project in India
Panama: With more than 40 of the 59 available offices in the Phase 1 building of the Panama Gem & Jewelry Center already accounted for, Erez Akerman, President of the Panama Diamond Exchange (PDE), is visiting the Indian cities of Mumbai and Surat, and then New York, where he is meeting with companies interested in obtaining space in Latin America’s
Evara Shows the World how our ‘GIRLSGOTTHIS’
Mumbai: The rise of women’s cricket in our country has been nothing short of inspirational and it offers the perfect platform for Platinum Evara, platinum jewellery aimed at the young woman segment. After the unprecedented success of its campaign #IGotThis at the WPL, Platinum EVARA has returned with #GirlsGotThis, in its nuanced celebration of womanhood and modern femininity. With #GirlsGotThis, the brand moves
Jawhara Collaborates with NDC
Mumbai: UAE’s natural diamond jewellery brand Jawhara has been an industry pioneer with all their initiatives. Their two-year-long partnership with Natural Diamond Council (NDC) has helped establish their authority amongst discerning consumers in the region, and their latest venture furthers their vision towards transparency, by educating and empowering the Jawhara sales team with tools to upsell, upskill, and increase their
PGI Launches New Campaign for Dhoni Collection
Mumbai: Platinum Guild International (PGI) India proudly introduces the exclusive M.S. Dhoni Signature Edition from Men of Platinum, a collection that embodies the legacy of one of India’s most revered sporting icons. This collection is crafted from 95% pure platinum, a metal known for its unmatched strength, endurance and resilience, much like the values that have guided Dhoni throughout his
GJEPC Targets 20% Export Boost to UAE with IGJS
Dubai: The 4th edition of the International Gem & Jewellery Show (IGJS) Dubai commenced yesterday, hosted by the Gem & Jewellery Export Promotion Council (GJEPC) of India. This exclusive event, co-sponsored by Suntech Business Solutions and supported by the Dubai Gold & Jewellery Group, brings together the finest of Indian gems and jewellery, reinforcing India’s position as a premier destination
