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
GJEPC Launches 'Jewellers for Hope' Campaign
Mumbai: For the first time, the Gems and Jewellery Export Promotion Council (GJEPC) has initiated its first edition of ‘Jewellers for Hope’ campaign, a CSR activity with an objective to build a CSR fund that will be used to support various social causes. A charity dinner has been hosted by the GJEPC in Mumbai’s Grand Hyatt on Friday for the
Sonam Kapoor Walks on Ramp to End IIJW
Mumbai: The 5th edition of 4-day India International Jewellery Week (IIJW) ended with a grand finale wherein Best of the Best Collections were displayed by gorgeous models. The ramp was set on fire when Brand Ambassador of Gem & Jewellery Export Promotion Council (GJEPC) and cute Bollywood actress Sonam Kapoor walked at the grand finale of the IIJW 2014 held
31st Edition of the IIJS Inaugurated
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) inaugurated the 31st Edition of India International Jewellery Show today at Bombay Exhibition Centre, Goregaon – the paramount show for the trade in Asia. The show is being organized from 17th to 21st July 2014 and will have 35000 visitors, over 850 plus exhibitors and 1800 booths from India and Overseas.
De Beers Probe into Data Leak is Nearing End
Gaborone: DE BEERS Consolidated Mines (DBCM) is close to completing a probe into the leak of sensitive data about its pricing of rough diamonds and details of sales to South African clients, company CEO Philip Barton has said. There was a leak of the De Beers price book, which contains diamond valuation data and customer details and invoices in South
Direct Export Import is now Possible from SDB
Surat: The Central Board of Indirect Taxes & Customs (CBIC) has approved the setting up of a customs house at the Surat Diamond Bourse (SDB). According to a statement issued by SDB, all necessary formalities were finalized on Tuesday. The customs house, occupying an area of 40,000 square feet, is now ready for use at SDB. Direct export and import from Surat Diamond Bourse
Q2 Gold Demand Hits Record High: WGC
Mumbai: The World Gold Council’s (WGC) Q2 2024 Gold Demand Trends report reveals that total global gold demand increased 4% year-on-year to 1,258t, marking the strongest Q2 in our data series. Total demand was supported by healthy over-the-counter (OTC) transactions, up a notable 53% year-on-year at 329t. Increased OTC demand, continued buying from central banks, and a slowdown in ETF
De Beers’ Rough Sales Down by 20% in H1
Mumbai: Diamond mining giant De Beers announced its financial results for the first half of 2024, revealing a challenging operating environment marked by softening demand and increased competition from lab-grown diamonds (LGDs). The company reported a 21% decline in total revenue to $2.2 billion compared to $2.8 billion in the same period last year. Rough diamond sales also fell 20%
Delegation from Botswana Visits BDB
Mumbai: Bharat Diamond Bourse (BDB) recently hosted His Excellency, Mr. Gilbert S. Mangole, the esteemed High Commissioner of Botswana, along with Mr. Dipopego Julius Tsheko, Trade Attaché, on a visit aimed at fostering bilateral ties and exploring opportunities in the diamond industry. The visit took place on July 24, 2024 and included a comprehensive tour of the facilities and interactions
