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
GJEPC Launches New Business Development and Marketing Campaign
Las Vegas, 31st May: The Gem & Jewellery Export Promotion Council (GJEPC) of India announced a major, new, multi-level business development campaign at a news conference focused on the U.S., Canadian and South American markets. The purpose of the campaign is to re-invigorate, strengthen and expand GJEPC’s business development efforts and build trusted relationships between India’s key jewelry industry companies
Overseas Traders Invited to Buy Offices in SDB
Surat, 30th May: After Mumbai, now Surat diamantaires are inviting diamond traders from abroad to set up offices at the proposed Surat Diamond Bourse (SDB) here. Road Shows are being organized at Antwerp, Dubai, Hong Kong, China, UAE and Europe, to impress upon diamond traders to buy office space at the proposed diamond bourse, according to a report in The
Demand for Indian Gold Jewellery to Rise
Mumbai: India’s gems and jewellery exporters are set to shine brighter than domestic retailers. Positive signs from export destinations such as higher disposable income and consumer spending as well as improvements in consumer confidence is set to support export volumes of gems and jewellery, maintain analysts. An economic recovery is also set to benefit exporters, reports Mineweb.com. Indian exporters are
IGI Becomes Premier Affiliate Sponsor of NCDIA
New York: The International Gemological Institute (IGI) has joined the Natural Color Diamond Association (NCDIA) as its first premier affiliate member. With an aim to educate consumers and increase global demand and desire for natural color diamonds, NCDIA is a not-for-profit, membership-based organization. Beyond the record-breaking blue and orange diamonds sold recently at auctions, the association has been working to
GJF Launches Unique Jewellers Identity Card
Mumbai: All India Gems and Jewellery Trade Federation (GJF), the national nodal and the largest single trade body in India for the promotion and growth of trade in gems and jewellery across India, has introduced a first-of-its-kind Jewellers Identity Card (JID), a unique and smart identity card establishing the credential and legitimate business undertaking of its member jewelers and their
London Diamond Bourse to Host Open Day
London: The London Diamond Bourse (LDB) in the capital’s Hatton Garden area, has set a date for its inaugural open day, taking place on Monday, February 23. In a statement, the bourse said: “The open day will provide a great opportunity for visitors to discover new suppliers, network or simply to see what the LDB has to offer the industry.
5 Carat Synthetic Diamond Produced
Moscow: Russian lab-grown diamond manufacturer New Diamond Technology says it has grown a 5.11 ct. K SI diamond, which it bills as the largest man-made polished near-colorless stone ever produced. The manufacturer says the unenhanced radiant-cut type IIa diamond, produced by the high-pressure high-temperature (HPHT) method, bears a K SI grade but it has not yet been sent to a
De Beers to Spend $3bn on Diamond Operations
Gaborone: The De Beers Group is set to invest around $3billion over the next 10 years on its diamond mining operations. Fin24 reports that the bulk of the investment would be spend on its key South African mine, Venetia in Limpopo where the underground mine was expected to extend its life beyond 2040. Venetia produced 3.2 million carats in the
