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
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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
Ban on Russian diamonds may Benefit Synthetics
Gaborone: Botswana, Africa’s top diamond producer, sees a prolonged ban on Russian diamonds opening the way for synthetic gems to expand market share, the country’s minister told a mining conference on Monday. The United States, the world largest market for natural diamonds, imposed sanctions on Russia’s state-controlled Alrosa in April, aiming to cut off a source of revenue for Moscow
GJEPC Outlines Growth Potential of Lab-Grown Diamonds
Mumbai: Gem & Jewllery Export Promotion Council (GJEPC) officials were present at a meeting on the lab-grown diamond (LGD) industry chaired by the Union Minister for Commerce & Industry; Consumer Affairs, Food & Public Distribution and Textiles, Mr. Piyush Goyal in New Delhi on 17th May, 2022. Mr. B.V.R. Subrahmanyam, Secretary, MOC&I; Mr. Vipul Bansal, Joint Secretary, MOC&I; and Mr. R. Arulanandan,
De Beers' 4th Cycle Generates $604 Million
Gaborone: De Beers’ rough sales strengthened in May as the miner benefited from strong consumer demand, with proceeds reaching higher levels than normal for the time of year. The company grossed $604 million at its fourth sales cycle of the year, which included last month’s sight in Gaborone, Botswana, it reported Wednesday. The figure was 57% higher than the $385
GLT and Diamond Services Announce Joint Venture
Istanbul: The Gemological Laboratory of Turkey (GLT), Turkey’s leading provider of gemological services, and Diamond Services (DS), the Hong Kong-headquartered developer of technological systems and services for detecting laboratory grown, imitation and treated diamonds, have recently signed a joint venture agreement to provide comprehensive diamond identification, grading and certification services to the Turkish market. Within the framework of their agreement,
