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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GJEPC Champions Diamond Sustainability at Russia Forum
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) made a strong statement on diamond sustainability and global collaboration at the 28th St. Petersburg International Economic Forum (SPIEF) held in Russia on 19 June. Representing India at the forum were Mr. Kirit Bhansali, Chairman, GJEPC; and Mr. Ajesh Mehta, Convener, Diamond Panel, GJEPC. The GJEPC delegation also met Mr. Pavel
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
Indian Economy May Take 12 Years to Recover: RBI
Mumbai: The Indian economy may take more than a decade to overcome the losses emanating from the COVID-19 pandemic, said a report published by the Reserve Bank of India. In an analysis of the impact of COVID-19 on the economy, the report has estimated the output losses during the pandemic period at around ₹ 52 lakh crore. The perturbations from repeated waves
GJSCI to Begin Worker Training in SEEPZ, Mumbai
Mumbai: Gem & Jewellery Skill Council of India (GJSCI) inaugurated the Jewellery Occupational Skilling Hub on 3rd May, 2022, for undertaking training in setting, filing and polishing, in SEEPZ, Mumbai. The training will be conducted in a batch of 25 persons for each process for a period of three months. An allowance of Rs. 5000 per month will be paid
Coin Collection Featuring Argyle Pink Diamonds
Perth: The Royal Canadian Mint has unveiled the Opulence Collection consisting of numismatic masterpieces featuring pink diamonds from the famed Argyle mine. This new collection, headlined by the one-of-a-kind Ultimate, a 1kg pure platinum pink diamond coin, was unveiled at the Ottawa Art Gallery. Marie Lemay, President and CEO of the Royal Canadian Mint, said, “The Royal Canadian Mint’s reputation
WDC Mourns the Demise of Sanjay Shah
New York: The World Diamond Council (WDC) mourns the untimely loss of Sanjay Shah, a serving member of its Board of Directors, who passed away in New York on April 29, 2022. Joining the WDC Board in November 2021, as the representative of India’s Gem & Jewellery Export Promotion Council (GJEPC), Mr. Shah was a long-time member of GJEPC’s Kimberley
