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
'Presidents Forum' Formed
Antwerp: The heads of the jewellery and diamond industry’s four leading international representative bodies have agreed on Tuesday to establish “The Presidents Forum,” which is a joint consultative committee with its members being the presidents of each organization. Together they will discuss and formulate coordinated strategies and policies for the industry on important issues of common interest. Hosted by Dr.
First Texas-Israel Diamond Show in September
Ramat Gan: This fall strategic cooperation between the Texas Jewelers Association (TJA) and the Israel Diamond Institute (IDI) will produce the first Texas-Israel Diamond Show in San Antonio from September 29 – 30, 2014. This is the first time that jewelers in Texas and surrounding states will be offered the opportunity to buy diamonds directly from the source. The unique
India Hikes Import Tariff Value on Gold, Silver
New Delhi: The Indian government yesterday hiked import tariff value on gold and silver to USD 411 per 10 grams and USD 632 per kg as global prices have increased in the wake of escalating violence in Iraq. In the first fortnight of this month, tariff value on imported gold stood at USD 408 per 10 grams and silver at
De Beers June Sight Estimated at $640M
Gaborone: The De Beers June sight closed with an estimated value of $640 million as demand for rough diamonds remained firm. Prices and assortments were largely unchanged from the previous sight, although sightholders reported minor price adjustments on select boxes. There was ex-plan supplied – rough in excess of sightholders’ initial application for goods – as demand rose during sight
Get Festive Ready with Platinum Evara
Mumbai: It’s that time of the year to bring out the festive finery – for a day of celebration and evenings that spell sophistication and understated elegance; each look, talked about long after the party has ended. As you elevate your style game, complement those stunning outfits with the precious timelessness of platinum jewellery. Unique platinum jewellery pieces from Platinum EVARA’s
India Pavilion at Jewellery, Gem & Technology Dubai Exhibition
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has organised an India Pavilion at the 3rd edition of the Jewellery, Gem & Technology Dubai 2024 show being held from 12th to 14th November 2024, at the Dubai Exhibition Centre. This year the India Pavilion is hosting 20 top Indian companies across 24 booths, showcasing an array of loose stones,
GIA to Shut Down Israel Lab
Ramat Gan: The Gemological Institute of America (GIA) has announced the closure of its laboratory in Ramat Gan, Israel, citing financial unsustainability. The lab, which began operations in August 2012, will shut down by the end of this year. Submissions will be rerouted to other GIA laboratories at no additional shipping cost, according to a GIA press release. GIA has
New Wastage Norms for Jewellery in India
Mumbai: India’s Directorate General of Foreign Trade (DGFT) has revised wastage norms and Standard Input Output Norms (SIONs) for jewellery , effective from 1st January 2025. DGFT had reduced the wastage norms drastically across all jewellery categories vide Public Notice No. 05/2024-25 on 27th May 2024, recognizing the impact of these drastic reductions, the Council promptly convened a stakeholder meeting
