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
HRD Ceases Certifying Synthetic Diamonds
Antwerp: HRD Antwerp, the Antwerp-based diamond laboratory and subsidiary of the Antwerp World Diamond Centre (AWDC), has announced that it will cease certifying synthetic diamonds. With this decision, HRD becomes the first and only diamond lab in the world to focus exclusively on natural diamonds. The move reaffirms Antwerp’s role as the international hub for natural diamond trading and marks
GJEPC Signs Historic ‘Luanda Accord’
Luanda: India’s Gem & Jewellery Export Promotion Council (GJEPC) has signed yesterday ‘The Luanda Accord’ in Luanda, Angola alongside the Mining Ministers of Angola, Botswana, South Africa, and Namibia, in collaboration with prominent industry bodies such as AWDC, Belgium, DMCC, Dubai, and De Beers. As the leading global organization driving the international growth of the jewellery industry, GJEPC’s efforts are
Emmanuelle Nodale Appointed as Brand CEO, De Beers
London: De Beers Group today announced the appointment of Emmanuelle Nodale as Brand CEO, De Beers London, as the brand enters a new phase of global expansion and strategic evolution as part of the Group’s Origins strategy. With over 20 years of expertise in shaping and developing global brands, Nodale is recognised for her strategic leadership and ability to translate
New Collaborations, Partner Alignments Expected from PGI’s Upcoming BSM
Mumbai: Platinum Guild International (PGI) is organizing its annual Buyer Seller Meet (BSM) in Kochi on 26-27 June. The 8th edition of India Buyer-Seller Meet is an exclusive, invitation-only event focused on fostering collaboration and business opportunities between platinum jewellery retailers and manufacturers. It serves as a platform for showcasing innovative designs, finalizing orders, and building partnerships ahead of key
U.S. Reiterates Suspension on Venezuela, CAR
New York: The U.S. Department of State published an update on participating countries and entities in the Kimberley Process Certification Scheme for the purposes of the Clean Diamond Trade Act of 2003. The latest revision follows an update from August 11, 2014 to reflect some changes to country trade bodies and to add Mali and to reiterate the suspension of
Israel’s Find Your Diamond System is Live
Ramat Gan: Almost two weeks before the opening of the JCK Las Vegas show, the Israeli Diamond Industry is making diamond buying from Israel even more convenient, as the Israel Diamond Institute’s (IDI) Find Your Diamond system goes live today. The system, accessed at www.findyourdiamond.net enables buyers to search the full stocks of all of the close to 100 Israeli
Zimbabwe Conducts Third Local Diamond Auction
Harare: Zimbabwe is conducting its third local diamond auction where over 400 000 carats are expected to go under the hummer. The first local auction was conducted last November in the capital following the seizure of Marange diamonds in Antwerp. NewsDay reports that the auction which began on 11 May was expected to end next Monday and a number of
WFDB Calls for Further Debate on Over-Grading
Antwerp: World Federation of Diamond Bourses (WFDB) President Ernie Blom has expressed his support for the industry-wide debate on the issue of over-grading taking place. He said it will be one of the issues on the agenda of the Presidents Meeting, a biennial gathering of the leaders of the 30 Presidents of the WFDB-affiliated exchanges around the world and of
