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
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
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
5th Bharat Diamond Week from 2nd Oct
Mumbai: The Bharat Diamond week (BDW) is an exclusive Diamond and Diamond Jewellery Exhibition organized by Bharat Diamond Bourse [BDB] within the BDB complex in Mumbai, India. This 5th edition of BDW has confirmed Buying delegations from Diamond buying fraternity. Close to 50 large medium sized and small Diamond companies have confirmed booth space and would be showcasing exclusive high quality diamonds and
India’s 1st Jewellery Exports Through Courier
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has achieved a significant milestone by facilitating the country’s first jewellery exports through courier mode from Mumbai. This development represents a significant leap forward in simplifying international trade. India’s first 4 jewellery exports from Caratlane via Air India from India to USA was departed on 6th September 2023. The total export value
International Diamond Week from April 1st, 2024
Ramat Gan: The Israel Diamond Exchange (IDE) will once again host a professional diamond conference and international diamond exhibition during International Diamond Week, to be held from April 1 – 4, 2024. The events will include the second annual Israel Diamond Conference on April, 2024, which will feature talks and panels by major international personalities in the diamond world, including key diamond
New Committee Elected for Bharat Diamond Bourse
Mumbai: Post the recently held election to appoint office bearers for the year 2023 -24, the Managing committee of Bharat Diamond Bourse [BDB] has been formed. The Managing Committee members of Bharat Diamond Bourse [BDB] are as follows: Mr. Anoop Mehta – President Mr. Mehul Shah – Vice President Mr. Kiran Gandhi – Hon. Secretary Mr. Anup Zaveri – Treasurer
