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
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
Israeli Firms Offered Aid to Open Up in India
Tel Aviv: If you are an Israeli diamond company that has been considering opening up branches in one of both of the two most populous countries in the world, the conditions for you doing so have just ripened, according to the Israel Diamond Exchange (IDE). The Israel-Asia Chamber of Commerce announced that Israel’s Economy Ministry is willing to partially fund
Rio Tinto’s Skill Development Plan at Bunder
Bhopal: Rio Tinto’s Bunder project has announced a unique driver training programme as part of a skills development plan for its diamond project in Madhya Pradesh. A special driver training program focusing on light vehicles has commenced with more than half the existing Bunder workforce eligible to apply. The programme, comprising theory and practical training, is being undertaken in partnership
HK to Build an International Gold Trading Market
Hong Kong: The Chief Executive of Hong Kong Special Administrative Region (SAR) John Lee Ka-chiu has announced the establishment of an international gold trading market in the SAR, reports rough-polished.expert/en/ As he noted in his policy address, Hong Kong is one of the world’s largest gold import and export markets by volume. According to John Lee, the city’s security and
Consolidated Mining Standard Initiative Launches 1st Public Consultation
London: The Copper Mark, Mining Association of Canada, ICMM and World Gold Council (WGC) – Partners of the Consolidated Mining Standard Initiative (CMSI) – have published a draft consolidated standard, governance model, assurance process and related reporting and claims policy, and encourage stakeholders to provide their views during a 60-day public consultation. The vision for the Initiative is for a sustainable
De Beers “to Cut Sightholder Numbers”
Gaborone: De Beers is reportedly planning to further cut the number of sightholders. The UK-based has steadily reduced the number from an historic peak of 350 to a current total of just over 60, reports the idexonline.com. That number is to be further reduced, as of January 2026, according to a letter sent by De Beers last month. “Sightholder selection
BDB Prepares Ind. Members for Sustainable Future
Mumbai: India’s Bharat Diamond Bourse (BDB) had organized a seminar to address Industry members, titled, “Polishing Our Future” on 11th October 2024 at BDB Convention Hall, Mumbai. Inviting world renowned speakers like Paul Zimnisky, Diamond analyst and expert, Tawhid Abdullah, CEO Jawhara Jewellery Group, Amit Pratihari, Managing Director, India, De Beers, Ananthanarayanan Hariharan, Head Retail and Merchandising, Novel Jewels, Aditya
