We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Top News
Gold Prices Unlikely to Settle due to Iraq Tensions
Mumbai: With the turmoil in Ukraine almost gone from the headlines, gold’s status as a hard asset and storer of wealth in times of trouble lost some of its shine. But as Iraq spirals into all-out war and the US looks in danger of being pulled back into a conflict it has spent the last six years extricating itself from,
122.52 Carat Blue Diamond Found at Cullinan
Johannesburg: In what is shaping up to be one of most the amazing diamond finds in recent times, a 122.52 ct. blue diamond—the size of a walnut—has been discovered at the Cullinan mine in South Africa, said mine owner Petra Diamonds. Blue diamonds are ultrarare, as are stones weighing more than 100 cts.—making this, as Petra puts it, a “truly
KP Should Focus on Conflict-Torn Regions only
Shanghai: The newly elected president of the World Diamond Council (WDC) Edward Asscher, put a chill Tuesday on the movement to expand the scope of the Kimberley Process and so cover general human rights abuses, stating the trade body should focus exclusively on diamonds proceeding from conflict zones. Speaking at the Intercessional Meeting of the Kimberley Process in Shanghai, Asscher
DDE’s Peter Meeus Hits Back at PAC Claims
Dubai: Dubai Diamond Exchange Chairman Peter Meeus replied to what he called “serious allegations” made by Partnership Africa Canada about Dubai at the Kimberley Process (KP) Intersessional meeting taking place in Shanghai. “First of all we were surprised to see that Mr. Martin quoted an FAFT (Financial Action Task Force) report on ML/TF (Money Laundering/Terrorism Financing) of 150 pages in
CIBJO Congress in Dubai from October 5-7, 2020
Milan: CIBJO, the World Jewellery Confederation, will hold its 2020 annual congress in Dubai, United Arab Emirates (UAE), from October 5 to October 7. Pre-congress meetings will take place October 3 and October 4. The 2020 congress will be hosted by DMCC (Dubai Multi-Commodities Centre), one of the world’s leading free zones, which is tasked by the Government of Dubai Authority to drive commodities
Platinum Jewellery Shines at Academy Awards
Los Angeles: Awards show season culminated with the 92nd Annual Academy Awards, where the world’s most famous celebrities walked the red carpet in exquisite platinum jewelry designs. Platinum, the naturally white setting that truly enhances the brilliance of diamonds and colored gemstones, perfectly complemented the couture gowns, glamorous hairstyles and makeup. According to celebrity stylist Micaela Erlanger who selected platinum
IDWI 2020 Opens to Full House in Israel
Ramat Gan: The International Diamond Week (IDWE) in Israel opened today to a packed exhibition hall, with over 300 international buyers from 18 countries in attendance. Also participating were diamond leaders from around the world including, Alrosa President Sergei Ivanov, WFDB President Ernie Blom, CIBJO President Dr. Gaetano Cavalieri, Bharat Diamond Bourse VP Mehul Shah, Dubai’s DMCC Executive Chairman and
FCRF: Pink Diamonds Led Chart throughout the Decade
New York: The Fancy Color Research Foundation (FCRF) announced today the results of the Fancy Color Diamond Index (FCDI) in 2019 and over the last decade. During the years 2010-2019 the general index showed a steady market price increase of 77%. Leading the index during the decade were Pink diamonds, which increased by 116%. The prices of Blue diamonds rose by 81% and of
