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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RBI Increases Gold Loan Availability
Mumbai: The Reserve Bank of India (RBI) has eased rules for gold loans. Those who are seeking loan against gold can now get up to 85% of the gold value as a loan, up from 75%. This new Loan-to-Value (LTV) cap applies to total loan amounts up to ₹2.5 lakh, including interest. For example, if your gold is worth ₹1
De Beers Launches ‘Ombré Desert Diamonds’ Jewellery Beacon
Las Vegas: De Beers Group yesterday unveiled compelling new downstream propositions focused on driving desire for natural diamonds as a category and on differentiating polished diamonds sourced from De Beers Group, according to a press release published on the Group’s website. At the annual JCK Las Vegas Show – the largest jewellery event in the global calendar – De Beers
SAJEX ’25:Where the World of Luxury Jewellery Unites
Jeddah: SAJEX 2025 is the definitive B2B jewellery exhibition, bringing together the finest jewellers, designers, manufacturers, and industry leaders from around the world. As the premier trade platform in Saudi Arabia, SAJEX 2025 serves as a gateway to the thriving Middle Eastern jewellery market, fostering business opportunities, innovation, and global collaborations. Explore Sajex- 2025, the world gem and jewellery fair
RBI Cuts Repo Rate by 50 BPS
Mumbai: The Reserve Bank of India (RBI) today announced its second bi-monthly monetary policy of FY26. The RBI Governor Mr. Sanjay Malhotra-led Monetary Policy Committee (MPC) decided to cut the repo rate by 50 basis points (bps) to 5.50% from 6.00% earlier. This is RBI’s third consecutive repo rate cut. The MPC also decided to change the policy stance to
WDC President Notes Positive Shift to Reforming the KP
Kasane: Speaking on June 24, 2022, during the closing session of the 2022 Kimberley Process Intersessional in the town of Kasane, Botswana, WDC President Edward Asscher noted a positive shift in the readiness of members to reforming the KP. “This year, throughout our engagements with many government participants here in Kasane, there seems to be strong support for further reforms,
Get Diamonds Online Tenders Introduces New Features
Antwerp: The next online tender, on June 29, will offer up to 700 diamonds and will have two exclusive categories: “new on the market” stones that have never appeared on any online listing, and diamonds that are marked “special price” by suppliers offered at unprecedented prices. The new features are in addition to free shipping and zero commission on all
David Gotlib is New President of AWDC
Antwerp: The Antwerp World Diamond Centre (AWDC), the industry organization representing Antwerp’s 1600 diamond companies and service providers, has appointed David Gotlib as its new President, replacing outgoing President Chaim Pluczenik. The Board also appointed Sahag Arslanian and Amish Jain as Vice Presidents. David Gotlib, born and bred in the family business, is a third generation diamantaire, leading one of
More Sanctions Declared on Russian Gold
London: The UK, US Canada, and Japan announced at the G7 Summit on 26th June that exports of Russian gold, its biggest non-energy export, will no longer be allowed to be enter their respective countries. LBMA noted that these rules to apply only to new gold of Russian origin, not to old production (which remains Good Delivery). “We believe this
