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
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
Platinum Strike Deal Edges Closer
Johannesburg: Labour negotiations at South Africa’s PGM mines are edging closer to a resolution as talks mediated by a ministerial task team continue. July platinum softened for a fifth session in a row on Wednesday to $1,433 an ounce and is down sharply from the $1,493 level less than two weeks ago over renewed hopes for an end to the
De Beers Signs $37M Deal for BT Networking
Gaborone: The De Beers Group selected BT for a range of IT and networking services with a six year contract and at a cost of $37 million. BT will orchestrate IT services across 70 De Beers locations, including exploration and mining sites, drawing on capabilities of the BT Connect portfolio that provides fiber optic, microwave and satellite linkages, as well
Chaim Zohar Awarded Life Membership of DDC
Johannesburg: Renowned diamond industry journalist Chaim Even-Zohar has been awarded an Honorary Life Membership of the Diamond Dealers Club of South Africa (DDC) for his lifetime dedication and contribution to the diamond industry. Ernie Blom, Chairman of the DDC and World Federation of Diamond Bourses President, presented Even-Zohar with the membership certificate. “We, as the Diamond Dealers Club of South
India Honoured With ‘Partner Country’ Status at Inhorgenta 2025
Mumbai: India’s Gem & Jewellery Promotion Council (GJEPC) and Messe München GmbH, one of the world’s leading trade fair organisers, signed an MoU to announce India as the Partner Country at Inhorgenta 2025. The trade fair, which will take place in Munich, Germany, from February 21 to 24, 2025, will feature a special pavilion dedicated to showcasing Indian jewellery and
PNG Jewellers Opens Store in Alibaug
Alibaug: PNG Jewellers, 191 year old legacy jewellery brand recently opened its Alibaug store, inaugurated by Indian film and television star Swapnil Joshi. The PNG Jewellers store, located in the serene surroundings of Alibaug, Raigad (Maharashtra), spans 3,000 sq ft, introducing a diverse and extensive range of jewellery. This curated collection at the store features a sophisticated array of Gold,
Sonam Kapoor Graces GJEPC’s Artisan Awards
Mumbai: The 7th edition of The Artisan Jewellery Design Awards, hosted by the Gem & Jewellery Export Promotion Council (GJEPC) and powered by GIA, challenged designers to tap uncharted territory by integrating unusual materials and cherished objects into their jewellery designs, to infuse their pieces with a unique identity. Actress and style icon Sonam Kapoor graced GJEPC’s 7th edition of Artisan
De Beers Launches LGD Detector for Smallest Melee
London: De Beers yesterday announced the launch of its latest lab grown diamond detector, capable of screening 2,500 of the smallest melee in an hour. The AMS Micro (Automated Melee Screening) uses robotic technology to work with stones as small as 0.001-cts, a significant improvement on the 0.0032-cts capacity of its predecessor, the AMS. The new instrument automatically separates natural
