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 Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Top News
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
IDE Institutes Presidents' Consultative Council
Ramat Gan: Israel Diamond Exchange President Yoram Dvash has taken another step to ensure that his administration’s policies will gather the widest possible support from the membership of the Israel Diamond Exchange (IDE) by appointing the IDE’s three Honorary Presidents, the President of the Israel Diamond Manufacturers Association (IsDMA) and the Chairman of the Israel Diamond Institute (IDI) as members
We Should Strive to be Realistic Optimists
Panama: Ms. Ali Pastorini, the young and learned Vice President of the World Jewelry Hub (WJH) and Senior Vice President of Panama Diamond Exchange (PDE) writes here exclusively for G2J and evaluates the year gone-by. 2015 was a challenging year for the diamond and jewelry industries. Most would agree. Indeed a great many commentators predicted that the business would be
India Releases List of 18 Tax Defaulters
New Delhi: Stepping up its ‘name and shame’ campaign, the Income Tax department of India on Wednesday made public a third list of 18 tax defaulters including gold and diamond traders whose dues totaled around Rs 1,150 crore. The I-T department’s public notice containing the names of the 18 defaulters who have either gone untraceable or have inadequate assets to
Tirupati Temple Body Seeks Amendments to GMS
New Delhi: The Tirumala Tirupati Devasthanam, which manages the Sri Venkateswara Temple at Tirumala, wants the central government to make some amendments in the Gold Monetisation Scheme (GMS) so that it can invest its huge gold reserves. The investment committee of the TTD, which met here on Saturday, felt that the amendments should be made “for at least charitable and
