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

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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

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Top News

Chow Tai Fook to Buy Hearts On Fire for $150 Mn

Beijing: Chinese retailer and manufacturer Chow Tai Fook is buying all the assets of diamond brand Hearts On Fire for $150 million in cash, reports jckonline. The company will be run as a standalone division under current management, a statement said, though there are plans to introduce the brand into Chow Tai Fook’s retail network in Hong Kong, China, Macau,

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Hardest Synthetic Diamond Ever Made Unveiled

Beijing: Chinese researchers from Yanshan University have created a synthetic diamond harder than its natural counterpart and able to withstand even hotter temperatures, according to a report published in mining.com The team, led by Yongjun Tian, says the new form of diamond could be used to make superior cutting or crushing tools, capable of operate under very extreme conditions. The

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'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.

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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

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Indian G&J Gets Preferential Access to Australia

New Delhi: After successfully negotiating a Comprehensive Economic Partnership Agreement (CEPA) with the UAE, the Indian Govt. has secured preferential access for Indian gems & jewellery products in Australia through the recently executed India-Australia Comprehensive Economic Cooperation Agreement (CECA). Currently India-Australia has a significant bilateral trade of USD 950 million for gem and jewellery commodities. Key commodities that are exported

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Men of Platinum Strengthens Association with KL Rahul

Mumbai: The onset of cricket’s grandest spectacle brings to the fore a lot more than sheer talent and performance excellence.  It is the display of the finest form of sportsmanship by men who exemplify exceptional values such as courage, perseverance, self – belief and resilience. Their values have been tested both on and off the field, showing what it means

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Official Website for GJNRF Launched

Mumbai: The Gems & Jewellery National Relief Foundation (GJNRF), a charitable body founded by the gem and jewellery industry in 1999, and supported by stakeholders across India, unveiled its website at a press event held in Bharat Diamond Bourse (BDB), Mumbai on 29th March. The website (gjnrf.org) was inaugurated jointly by Sriram Natarajan, Managing Director of GIA India, and Anoop

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IJEX, a Project by GJEPC Inaugurated in Dubai

Dubai: India’s Gem & Jewellery Export Promotion Council (GJEPC) yesterday unveiled the first of its kind The India Jewellery Exposition (IJEX) centre in Dubai. IJEX is a Global Business Touch-point especially for GJEPC members to connect with international buyers. The centre was inaugurated by Hon’ble Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Government

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