We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
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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
Forevermark Eyeing 30% Revenue from India
Jaipur: Forevermark, the premium diamond brand from the world’s largest diamond company, De Beers Group, expects India to contribute about 30 per cent to the brand’s global sales in three-four years from about 15 per cent now. Forevermark, which entered the Indian market in 2011, retails through over 150 retailers and wholesalers across the country. The company doesn’t intend to
World’s Largest Faceted Sapphire Up For Sale
Atlanta: Ophir Collection, LLC has announced that the Ophir Collection of rare gemstones is available for sale. The collection has been awarded nine GUINNESS WORLD RECORDS titles. Included within the collection is the world’s largest faceted Sapphire, the Ophir Sapphire. Weighing 31,308 carats, roughly the size of a dinner plate, the extraordinary blue gemstone is recognized by Guinness World Records
Two Miners Leave World Gold Council
London: Two longtime members of the World Gold Council have resigned from the organization, reportedly for financial reasons. The decisions of AngloGold Ashanti and Gold Fields to leave were cost based, according to a report in Bloomberg. In a statement, the organization said it “regrets the departures.” “As long-standing members, AngloGold Ashanti and Gold Fields have played a leading role
China’s Gold Demand to Continue For 20 Years
Beijing: China’s strong appetite for gold is expected to continue for the next 20 years, driven by the country’s increasing per capita income and the global shift of gold consumption from the West to the East, the China Gold Association said. In 2013, China’s gold consumption reached 1,176.4 tonnes, making it the world’s biggest gold consumer. Its consumption in 2014
“Jewels on the Ramp” Jewellery Fashion Show
Bengaluru: A glamourous night with the dazzling presence of Former Miss World and GJEPC Brand Ambassador Manushi Chhillar, alongside industry stalwarts adorning an exquisite jewelry piece in a white gown, captivated hearts and stole the limelight. From traditional Indian artistry to contemporary brilliance, the stage was ablaze with the beauty and grandeur of Indian gems and jewellery. Luxurious bejeweled showstoppers
Welcome Vishu with Platinum Jewellery
Trivendrum: As Vishu, the cherished Malayali spring festival, approaches, the anticipation of new beginnings and fresh aspirations fills the air in Kerala and parts of Tamil Nadu. This time-honoured celebration marks the advent of the New Year in the Malayalam calendar. Vishu embodies the spirit of generosity. A joyous celebration that brings loved ones together as they exchange meaningful gifts.
GJEPC Unveils Brilliant Bharat Theme at IIJS Tritiya
Bengaluru: India’s apex trade body,The Gem & Jewellery Export Promotion Council (GJEPC) inaugurated the 2nd edition of the India International Jewellery Show – IIJS Tritiya – in Bangalore (Karnataka) at the Bangalore International Exhibition Centre (BIEC) from 5th to 8th April 2024. India Gem & Jewellery Machinery Expo (IGJME) is running concurrently with IIJS Tritiya Bangalore 2024 for the first time
Gem-A Launches Spring 2024 Issue
London: The Gemmological Association of Great Britain (Gem-A) has launched the latest issue of its academic publication, The Journal of Gemmology (Volume 39, No. 1, 2024). Released digitally on 2 April, this issue contains news and research from the international gemmological community, including an article focusing on the mineralogy and colour genesis of silicified coral from Indonesia. This attractive material shows various
