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
Vasant Mehta, Illustrious Leader of G&J Industry Dies
Mumbai: The Indian gem and jewellery industry has lost one of its most respected statesmen. Vasant Mehta, former Chairman of the Gem & Jewellery Export Promotion Council (GJEPC), passed away today, leaving behind a remarkable legacy built over several decades of dedicated service to the industry. A second-generation diamantaire, Mehta graduated from Calcutta University and moved to Mumbai in 1966,
BSM Brazil 2027 Returns to São Paulo with Expanded International Presence
São Paulo, Brazil: Following the remarkable success of its previous editions, Buyer Seller Meeting (BSM Brazil) will return to São Paulo in April 2027, further strengthening its position as Latin America’s premier international B2B event for the diamond, gemstone, jewelry and precious metals industries. Organized with the mission of connecting qualified buyers and leading international suppliers, BSM Brazil 2027 will welcome an even larger number
Israel’s Diamond Industry Under Severe Pressure
Mumbai: Israel’s once-prominent diamond industry is facing one of the most difficult periods in its history, with veteran traders reportedly leaving the business and searching for alternative livelihoods. A recent report by Ynetnews has highlighted the depth of the crisis at the Israel Diamond Exchange in Ramat Gan, traditionally one of the world’s important diamond trading centres. According to veteran
‘Advanced Leadership Programme in Gold Entrepreneurship’
Mumbai: The Indian Association for Gold Excellence and Standards (IAGES), announced the launch of the Advanced Leadership Programme in Gold Entrepreneurship, developed jointly with SPJIMR (Bharatiya Vidya Bhavan’s S. P. Jain Institute of Management & Research). The six-month executive programme is designed to build a new generation of professionally trained leaders for India’s gold and jewellery industry, combining SPJIMR’s academic
India’s Polished Exports Down 9% in May
Mumbai: Overall exports of gems and jewellery from India during May 2015 declined by 6.9% as compared to a year ago, reflecting the myriad challenges being faced in global markets, as well as the currency fluctuations during this period. Total exports of gems and jewellery during the month of May 2015 stood at US$ 2,504.51 million as compared to US$
Sterling Silver Jewellery Association Formed
Mumbai: Sterling Silver Jewellery Association (SSJA) was launched yesterday in Mumbai with its primary goals as Promoting, Protecting, and Progressing of the industry. Chairman Mr. Arvind Bafna, officially announcing the formation of the SSIA said, “The silver industry needs to have a strong representation at the government and industry level and at the same time create awareness about the sterling
Surat Diamantaires to Discard ‘Chitthi’ System
Surat: The paper chits, which are otherwise thrown into dustbins, have been an important trade instrument in the Rs 90,000 crore diamond industry for over six decades now. But, this ‘chitthi system’ that is based on mutual trust is set to be banished now, reports The Times of India. Following an increase in defaults and cheating cases, the small and
2015 Presidents' Meeting Ends
Tel Aviv: The 2015 Presidents Meeting in Tel Aviv came to an end on Tuesday, with World Federation of Diamond Bourses (WFDB) President Ernie Blom saying it had provided the opportunity for three days of intensive discussions on the main issues affecting the diamond trade globally. WFDB presidents, as well as their counterparts from the International Diamond Manufacturers Association, also
