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
Gujarat Govt. Assures Help for Diamond Bourse
Surat: As the prices of realty in Vesu and Dumas areas have skyrocketed following the announcement of proposed diamond bourse, diamantaires spearheading the movement for a world-class diamond bourse in the city have started lobbying with the state government for land, reports The Times of India. Members of Surat Diamond Bourse (SDB) committee, which includes chairman of leading diamond companies
Antwerp Seizes Parcel of Banned CAR Diamonds
Antwerp: The Antwerp diamond industry, represented by the Antwerp World Diamond Centre (AWDC), is stepping up its efforts in combatting conflict diamonds. The city, largely owing its reputation as the most transparent and strictly controlled diamond trade centre to the rigorous controls of all diamond imports and exports at the Antwerp Diamond Office, is determined to continue its strong commitment
GJF to Get Council Status Soon
Mumbai: The All India Gems and Jewellery Trade Federation (GJF) expects to receive the status of council within the next two to three months, reports Business Standard. The federation said it would be easy to represent issues faced by gems and jewellery industry before government after receiving the status of the council. “We have already asked the concerned ministry in
GIA Considering Second India Lab
Mumbai: With its Mumbai grading lab taking more than four months to grade and return clients’ diamonds, the Gemological Institute of America may open a facility in the Indian manufacturing hub of Surat. A GIA release said it will “study the feasibility” of a second India lab, which would be the GIA’s 10th worldwide. It did not provide a possible
DEF to Honor PM Modi and Govt. of India
Las Vegas: The Diamond Empowerment Fund (DEF) has announced that Indian Prime Minister Narendra Modi and the government of the Republic of India will be honored at its Diamonds in the Sky Las Vegas Gala. The award recognizes India’s global leadership and contributions to democracy, development and the growth and expansion of the international diamond industry. “We are thrilled to
Synthetic Units in Gujarat under Scanner
Surat: The small diamond cutting and polishing pockets in Saurashtra and north Gujarat regions are under scanner following recovery of 110 synthetic polished diamonds from traders in Surat’s Mini Bazaar diamond market. It was found that these synthetic diamonds were cut and polished in Bhavnagar, reports The Times of India. According to industry experts, along with natural diamonds, a large
SIGNATURE IIJS Concluded with Success
Mumbai: The SIGNATURE IIJS, the eighth edition of the Show, concluded on February 23, 2015 with a success note, at the Bombay Exhibition Centre (NSE Complex) in Mumbai. The Show was inaugurated by Chief Guest, Andrey Polyakov, Vice President, ALROSA, Russia with Guests of Honour Ms. Shaina NC – Social Worker and Kirtilal Doshi, industry stalwart, Vipul Shah, Chairman, GJEPC,
Marange Diamonds Have ‘Dramatically Shrunk’
Harare: A Zimbabwean cabinet minister has claimed that the country’s Marange diamonds have effectively run out. Information minister Jonathan Moyo said the country should wake up to the reality that the diamonds had dried up. “Diamond revenues from alluvial diamond mining have dramatically shrunk. We now need to come terms with this reality,” said Moyo in response during an interface
