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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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
AWDC Simplifies Identification Process
Antwerp: Belgian anti-money laundering legislation requires diamond traders to identify their clients, verify their identity and conduct a risk analysis before proceeding to a transaction. AWDC, the umbrella organization of the Antwerp diamond industry, is therefore making a free database available to diamond traders to simplify this identification process. Not only banks, but also diamond traders in Belgium are required
Seventh ADTF Holds its Own in Cautious Market
Antwerp: When the Seventh Edition of the Antwerp Diamond Trade Fair (ADTF) opened its doors on Sunday, January 31, expectations among participating exhibitors were low key, recognizing the rather slow holiday sales season reported by European retail jewellers and diamond distributors. Fortunately, by the time the three-day fair — jointly organized by the Antwerp Diamond Bourse (Beurs voor Diamanthandel), the
WFDB Congratulates Stephen Lussier
Antwerp: The World Federation of Diamond Bourses (WFDB) congratulates Stephen Lussier on his appointment as the Chairman of the Diamond Producers Association (DPA), with WFDB President Ernie Blom saying the DPA will benefit from Lussier’s long experience in the diamond industry. “Stephen’s breadth of knowledge of the diamond business is second to none and the DPA will reap the advantages
Enjoy Valentine’s Day with Platinum Love Bands
Mumbai: This Valentine’s Day gift your soulmate a souvenir that symbolizes eternal love. What better than platinum to proclaim and honor your everlasting love. A naturally white metal that never fades or tarnishes stands the test of time, just like your true love. Embodying the union of two souls is the new range of Platinum Love Bands is inspired by
