We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
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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
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
New LGD Identification System by Diamond Services
Hong Kong: Diamond Services, the Hong Kong-headquartered developer of technological systems and services for detecting laboratory grown, imitation and treated diamonds, has announced that it is introducing into its laboratories a new device developed by its own research and development team, which improves the range of detectable merchandise to include all rough and polished stones in the lower yellowish-to-light-brown colour
Coronet Awarded Guinness World Records at Baselworld
Basel: Coronet yet again exceeded expectations at the 2019 Baselworld watch and jewelry trade fair. The brand was awarded its 9th GUINNESS WORLD RECORDS with the ‘most diamonds set on a watch’. Coronet is already a proud title holder of previous 8 GUINNESS WORLD RECORDS for innovative diamond creations, including the most valuable Guitar featuring 1.6kg of 18K gold and
London Police Arrests Nirav Modi
Mumbai: The most wanted accused in PNB fraud case, fugitive jeweler Mr. Nirav Modi was arrested in central London Tuesday on behalf of Indian authorities, the city’s police has said. Mr. Modi will appear at Westminster Magistrates’ Court Wednesday, the Metropolitan Police said in a statement. He, together with his uncle, jeweler Mr. Mehul Choksi, allegedly defrauded India’s Punjab National
Jwaneng Mine's Life to be Extended
Gaborone: Debswana, De Beers’ Botswana joint venture, has launched a new project set to extend the life of its Jwaneng mine until 2035. The Cut-9 expansion, which will cost Debswana approximately $2 billion, is expected to produce an estimated 53 million carats of rough diamonds, the company said Monday. “With global consumer demand for diamonds reaching record levels in 2018,
