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
AGL Celebrates Five Years under New Management
New York, 15th April: American Gemological Laboratories (AGL), a provider of high-quality gemstone analysis and reporting is celebrating its five-year anniversary under the stewardship of Christopher P. Smith. “Five years ago, AGL was re-privatized during one of the most difficult periods the US and world financial markets have experienced in recent decades. AGL, however, had a good reputation and we did
Gold Smuggling Arrests Jump 750% YoY in India
Mumbai, 14th April: While cases of gold smuggling in India have jumped 265% from 40 in 2012-13 to 146 in 2013-14, the number of people arrested has shot up by 750%, from 30 in 2012-13 to 255 in 2013-14, data from the Directorate of Revenue Intelligence shows, according to a report published in Mineweb. “Gold imports through the legal channel have
De Beers Rough Sales Rise to $130 Million
Gaborone: De Beers said its rough diamond sales for the tenth and final cycle of 2023 showed a sharp decline from the previous year. According to the company, the provisional sales value for the period between 9th November and 19th December was $130 million. This is a 69% drop from the $417 million recorded in the same cycle of 2022,
Unearthing Challenges: Is KP ‘Dead’ or ‘Alive’?
(By Suresh Chotai): The Kimberley Process (KP), established in 2003, emerged as a beacon of hope to curb the trade in conflict diamonds, aiming to eliminate the link between diamond sales and funding for armed conflict. However, over the years, the KP has encountered a myriad of challenges that have tested its efficacy and raised questions about its ability to
Narendra Modi Inaugurates SDB
Surat: India’s Prime Minister Mr. Narendra Modi inaugurated the Surat Diamond Bourse (SDB) today in Surat, Gujarat. Before the program, the Prime Minister also visited Panchtatva Garden, viewed the Green Building of Surat Diamond Bourse & SPINE-4, and signed the visitor booklet. Earlier in the day, the Prime Minister had also inaugurated the new terminal building at Surat Airport. Addressing
Choose Platinum Evara for Your Party Seasons
Mumbai: The end of the year is a time of celebration, joy and holiday cheer. Be it family gatherings, festive lunches and dinners with friends, weddings, office Christmas parties or even a glamorous New-Year Eve, it is a time to celebrate various occasions with your loved ones. It is also the perfect time to elevate your style and make a
