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

Read More »

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

Read More »

Top News

JCK Show to Remain a Four-Day Format

Las Vegas: JCK Las Vegas will continue as a four-day show, according to an announcement sent out to exhibitors. “While some customers had expressed a desire for JCK to extend to five days, the research simply did not indicate enough interest to justify a fifth day and the costs associated with an extra day,” said a note sent out to

Read More »

De Beers Sending AMS Machines to Sightholders

Gaborone: Jonathan Kendall, President of De Beers’ International Institute of Diamond Grading & Research (IIDGR), said the Automated Melee Screening (AMS) instrument is being dispatched to Sightholders across the globe. The first installation and training sessions successfully took place at the end of June with Tasaki and Rosy Blue in Japan. “The focus has now shifted to installing the AMS

Read More »

Antwerp Diamond Trade Fair in February 2015

Antwerp: The organizers of the Antwerp Diamond Trade Fair (ADTF) announced the 2015 dates of this unique by-invitation-only international loose diamond trade show. The sixth edition of the ADTF will open its doors on Sunday, February 1st, and close on Tuesday, February 3. The ADTF’s dates are in sync with those of other prestigious jewellery industry events in the region

Read More »

Angola Sets 10M Carat Output Target in 2014

Luanda: Angola, the fourth-largest diamond producer in the world, aims to ramp up production this year, setting itself an output target of 10 million carats. “This year we have an ambitious target of 9.5 million carats in production and 550,000 carats in artisanal production, which means we have to produce 10 million carats,” said Angola Geology and Mining Minister Francisco

Read More »

JVC Issues Guidance about Russian Diamonds

New York: US sanctions on importing rough diamonds from Russia do not apply to stones mined there but cut and polished elsewhere, according to the Jewelers Vigilance Committee (JVC). The ban, announced last Friday, covers “unworked or simply sawn, cleaved or bruted” diamonds, or what generally referred to as “rough diamonds”, but does not extend to gems polished in other

Read More »

De Beers Diamonds don't Come from Russia

London: De Beers is encouraging retailers to “buy with confidence” by engaging with their suppliers to understand the origin of their diamonds, following an executive order by US President Joe Biden banning the importation of Russia-sourced diamonds into the US. Biden made the move as part of a broad package of sanctions against Russia, its State entities and political backers

Read More »

WFDB Calls to Follow Mandatory Guidelines

Antwerp: The World Federation of Diamond Bourses (WFDB) is deeply concerned over the loss of life and suffering that is inflicted on so many as a result of the conflict in Ukraine. As a leading international trade organization that incorporates diamond bourses from all around the globe, the WFDB has always called upon its members to encourage tolerance, dialogue and

Read More »

Jewelled Koi a Masterpiece on Its Own

Perth: Synonymous with harmony and happiness, The Jewelled Koi combines two Western Australian icons – Argyle Pink Diamonds™ and The Perth Mint – and undoubtedly sits among The Perth Mint’s most luxurious coins launched to date. With only eight of these new, limited-edition masterpieces available at AUD 262,800 each, The Jewelled Koi coins are expected to be snapped up quickly

Read More »

Latest Videos