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
EGL International Clarifies…
Ramat Gan: EGL International Managing Partner and CEO Guy D. Benhamou has categorically refuted claims made on a regional television station in the United States that EGL’s grading standards were lower than those of its competitors. He added that it was untrue that EGL had been contacted for comment on the case by the TV station as claimed in an
Rio Tinto showcases “Oculus Rift” technology
Las Vegas: Rio Tinto Diamonds is bringing the mine to the marketplace by using innovative Oculus Rift technology to provide an interactive virtual journey into its Diavik Diamond Mine in the remote Northwest Territories of Canada. The Oculus Rift will debut at the Rio Tinto booth at the world’s largest diamond jewellery trade show, the JCK Luxury Show, in Las
WDC & KP Sign an MOU
Antwerp: Edward Asscher, President of the World Diamond Council, and Vice Minister Wei Chuanzhong, Chair of the Kimberley Process, signed a Memorandum of Understanding in Antwerp on Friday, May 23, formalizing the agreement for 2014 between the two organizations, according to which WDC finances and operates the Administrative Support Mechanism (ASM) on behalf of the Kimberley Process. The ASM provides
ALROSA Expects 5-Percent Growth in Rough Prices
Moscow: ALROSA expects that global rough prices will go up by 5% in 2014 over the last year, according to the ITAR-TASS report from St. Petersburg. This was disclosed to journalists on the sidelines of the St. Petersburg International Economic Forum by Fyodor Andreev, President of ALROSA. “We reckoned on a growth rate of 5%. I think it is achievable,”
Rajesh Rokde Elected as New Chairman of GJC
Mumbai: Mr. Rajesh Rokde has been elected as the new Chairman and Mr. Avinash Gupta the new Vice Chairman of the All India Gem & Jewellery Domestic Council (GJC), the apex body representing the Indian gem and jewellery industry. This was announced during the council’s first Board Meeting of the COA 2025 – 26 post completion of their COA elections
Industry Leaders Expect Promising 2025
Mumbai: India’s Gems and Jewellery industry (GJ) experienced significant developments in 2024, navigating market dynamics and emerging stronger by the year-end. As the year concluded we have received feedbacks from some of the industry leaders about the industry’s performance in 2024 and its outlook of the 2025. Mr. Saiyam Mehra (Chairman of the All India Gem and Jewellery Domestic Council,
Gold Hallmarking Initiative Sees Growth in 2024
New Delhi: India’s Department of Consumer Affairs (DCA) announced a successful year for its hallmarking initiatives, with increased registrations and a wider reach for consumers. In its 2024 year-end review, the DCA highlighted significant progress in ensuring the purity and quality of gold jewellery and artifacts. Between 1st April and 25th November 2024, hallmarking registrations saw a 4% increase, rising
GJEPC Presents Pre-Budget Recommendations
New Delhi: Mr. Vipul Shah, Chairman, GJEPC, met Hon’ble Finance Minister Mrs.. Nirmala Sitharaman today during a pre-budget consultation held in Delhi today. During the meeting, Mr. Shah presented key recommendations on behalf of the gem and jewellery industry, aimed at fostering growth, enhancing global competitiveness, and addressing the industry’s critical challenges. Mr. Shah said, “We thank the Hon’ble Finance
