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
PGI Appoints Vaishali Banerjee as Head of Global Market Development
Mumbai: Platinum Guild International (PGI) has announced key leadership augmentations, naming Vaishali Banerjee as Head of Global Market Development, a role that signals PGI’s sharpened focus on unlocking the global demand potential for platinum. In addition to this new mandate, Vaishali will continue in her existing role as Managing Director – India & ME — both critical growth hubs for
Focus on Expanding Definition of Conflict Diamonds: Feriel Zerouki
Dubai: In a keynote address at the opening of the Kimberley Process (KP) Intersessional meeting, Feriel Zerouki, President of the World Diamond Council (WDC), urged participants to focus on expanding the definition of conflict diamonds, while recognizing the vital role of industry efforts to strengthen and complement the KP framework. “Expanding the definition of conflict diamonds is at the heart
SAJEX to Open New Horizens for GJ Industry
Riyadh: The Saudi Arabia Jewellery Expo (SAJEX) 2025, organised by the Gem & Jewellery Export Promotion Council (GJEPC), is poised to be a landmark event for Indian jewellery manufacturers looking to tap into the lucrative and largely untapped Saudi Arabian market. With a focus on strengthening trade relations between India and Saudi Arabia, SAJEX offers a unique platform for exhibitors
Kagem to Resume Focused Open-Pit Mining
London: Gemfields has recently announced that its Kagem emerald mine in Zambia will recommence focused open-pit mining to enhance the recovery of premium emeralds. Following a strategic suspension of all mining activities announced on 23 December 2024, Kagem shifted its focus to processing ore from its stockpile. While 2025 emerald production has met carat recovery expectations, the proportion of higher-quality
Global Rough Diamond Output Increased in 2014
Johannesburg: Market Research said that the global rough diamond production was 131.5 million carats last year, marginally up from 130.5 million carats in 2013. It said in a summary of its report, “Global Diamond Mining to 2020”, that the market for rough diamond production centered around the top eight producing countries – Russia, Botswana, the Democratic Republic of the Congo
RBI Relaxes Norms for Lending against Jewellery
Mumbai: The Reserve Bank of India yesterday relaxed the norms by allowing Loan-To-Value (LTV) ratio to be done at the average of the closing price of 22 carat gold for the preceding 30 days. The Bank has prescribed that the valuation of gold jewellery for arriving at the Loan-To-Value (LTV) shall be done at the average of the closing price
Diacam360 to Debut at Upcoming JCK Las Vegas
New York: DiaCam360, a small, portable, effective and affordable scanning device that creates high quality photos and 360-degree, interactive videos of polished diamonds, will debut in the USA at the upcoming JCK Show in Las Vegas, May 29 to June 1, 2015. The DiaCam360 will be demonstrated at the Shirtal Group Booth #B5450 in the Diamond Plaza, Bayside, Level 1.
WFDB Looking Forward to Financing Debate
Antwerp: World Federation of Diamond Bourses (WFDB) President Ernie Blom says the participation of De Beers Group CEO Philippe Mellier in the Presidents Meeting to be held in Tel Aviv from June 14 to 16 2015 will serve to sharpen one of the biggest debates that will take place at the biennial meeting – the difficulty of securing finance and
