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
Pangolin Recovers White Macro-Diamond
Gaborone: Pangolin Diamonds has recovered a white macro-diamond weighing 0.005484 carats from a soil sample on its recently acquired Malatswae project prospecting licence PL247/2014, in Botswana. It said in a statement that a field team was now on site collecting follow-up samples on a close-spaced grid to help determine the significance of this discovery. The Malatswae kimberlite project was located
De Beers July Sight Estimated at $775M
Gaborone: The De Beers July sight closed with an estimated value of $775 million. De Beers reportedly raised prices slightly on most goods by 1 percent to 2 percent with sharper hikes in the prices of smaller and lower-quality diamonds. Sightholders noted that De Beers also changed the assortment in its presentation, which partially offset the higher prices of its
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
PGI’s BSM 2024 is Shaping Industry’s Future
Kochi: Platinum Guild International (PGI) India concluded yet another successful edition of its annual ‘Platinum Buyer-Seller Meet,’ on the 4th and 5th of July 2024. Every year, the prestigious event, brings together the leading names from across the jewellery industry and offers them a platform to collaborate and work towards collective business development for platinum. Held at the Grand Hyatt,
Shankar Mahadevan to Enthrall IIJS Networking Night
Mumbai: Shankar Mahadevan, the celebrated Indian singer and composer will enthrall the audience at the IIJS Networking Night on 8th August, 2024. The musical event is supposed to be unforgettable experience! Work hard and party even harder as you connect with buyers and live candid moments together. Shankar Mahadevan is among the greatest Indian vocalists alive, having risen to fame
GJEPC Targets Key Bangladesh Retailers
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has launched an extensive visitor promotion campaign for the upcoming IIJS Premiere 2024 in Bangladesh from 6th to 13th July. Mr. Kaushik Ghosh, Assistant Director Kolkata, GJEPC, is actively engaging with executive members of the Bangladesh Jewellers Association (BAJUS) to highlight the significance of this year’s IIJS Premiere. The promotion is
IIJS Celebrating 4 Decades of Global Business
Mumbai: India is the world’s 4th largest exporter of gold jewellery and the India International Jewellery Show (IIJS) is your ultimate destination to connect with the top gold jewellery manufacturers who are redefining the landscape of gold jewellery designs and making waves with their creative ingenuity, blending tradition with contemporary style. The show is being organized by India’s Gem &
