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
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
ADB to Participate in Int’l Diamond Week
Ramat Gan: The Israel Diamond Exchange (IDE) announced that a delegation of the Antwerp Diamond Bourse (Beurs voor Diamanthandel) will join colleagues from the Diamond Dealers Club of New York to take part in the International Diamond Week at the Israel Diamond Exchange, from Monday, September 1 to Thursday, September 4. “We’re very pleased that the Antwerp Diamond Bourse will
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
Phase II of Mandatory Hallmarking from 1st June
Mumbai: Hallmarking of gold jewellery and artefacts was made mandatory in India with certain exemptions w.e.f. 15th June, 2021 vide the Hallmarking of Gold jewellery and Gold Artefacts Order, 2020. At present, hallmarking of gold jewellery and artefacts is mandatory in 256 districts and that to for the following three caratages, namely 14, 18 22, i.e. gold jewellery and artefacts
NDC Launches its 2nd Jewellery Trend Report
Mumbai: The Natural Diamond Council (NDC) in India and the United Arab Emirates launched the second edition of the jewellery trend report offering insights and predictions on the natural diamond jewellery that is set to make statements in 2022. Encapsulating the sensibilities that define the aesthetics of today, the report has been thoughtfully compiled by experts from the fields of
GIA India Launches Pearl Identification Lab in Mumbai
Mumbai: GIA India announced the launch of its new pearl identification laboratory in Mumbai. The launch was held at the Trident Hotel in Nariman Point, Mumbai in the presence of Sriram Natarajan, Managing Director of GIA India, Apoorva Deshingkar, Senior Director – Education and Market Development, GIA India, Dr. Chunhui Zhou, Senior Manager Pearl Identification, GIA New York, Abeer Al-Alawi and Nicholas Struman,
Dominica Drops Proceedings against Mehul Choksi
Mumbai: Dominica has stopped criminal proceedings against fugitive diamantaire Mehul Choksi. The legal victory for Mr. Choksi comes a year after a court in Dominica accused the wanted businessman of entering the country illegally. Mr. Choksi had maintained that he was abducted by a group of individuals from his beach-side house in Antigua where he acquired citizenship in 2017. “Mr.
