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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Seminar on AI-Based Diamond Paternity Testing
Mumbai: The Diamond Exporters’ Association Limited (DEAL), in collaboration with the Bharat Diamond Bourse (BDB), organized an insightful seminar on Artificial Intelligence-Based Diamond Paternity Testing at the BDB Convention Hall, Bandra Kurla Complex, Mumbai. As artificial intelligence continues to transform industries globally, its application in the diamond sector has become increasingly significant. The seminar addressed the vital role AI now
Jewellers Hopeful for Good Demand in Akshay Tritiya
Mumbai: Gold prices have proceeded to touch Rs. 1 lakh per 10 gram at the retail level recently and is likely to hurt consumer sentiment ahead of Akshaya Tritiya, a heavy purchase day for gold. The price of gold without the Goods & Services Tax (GST) was trading at Rs 97,200 per 10 gm. The jewellery trade is hopeful that
Zen Diamond Opens New Store at Borivali
Mumbai: Zen Diamond, a globally renowned fine jewellery brand with a presence in over 400 stores worldwide, is strengthening its footprint in India with the launch of its second store in Mumbai. Following the successful debut of its flagship store in Bandra, Zen Diamond is now bringing its exquisite craftsmanship to Borivali (Mumbai) with a new store at Sky City Mall. Spanning across
7th Platinum Season of Love from 25th April
Mumbai: Platinum Guild International (PGI), India has announced the return of its iconic retail programme, the seventh edition of Platinum Season of Love, set to unfold from 25th April to 31st May 2025. As a strategic anchor in PGI India’s annual calendar, this retail initiative continues to play a pivotal role in catalyzing both consumer demand and retailer engagement for
PGI Targets 1000 Outlets in India by End of 2015
Mumbai: Popularity of platinum jewellery is growing on a fast track in India with the consumption crossing over 5 tons this year from about 400 kgs. in 2009. The India Manager of Platinum Guild Ms. Vaishali Banerjee told G2J “This is the right time for us (PGI) to be aggressive in our marketing approach and hence we recently restructured our
India not to Use Gold Deposits as Part of CRR, SLR
New Delhi: The Indian government has dropped plans to utilize gold mobilized under the proposed Monetization scheme for meeting mandatory liquidity requirements for banks, as it wants to avoid another confrontation with Reserve Bank of India (RBI). The government dropped plan to use gold deposits as part of CRR, SLR in gold monetization scheme because of opposition from RBI, sources
IIJS 2015 Ended with Enhanced Response
Mumbai: The 32nd edition India International Jewellery Show (IIJS) ended here on 10th August with more response than the exhibitors and organizers had expected. Huge debacle in gold prices is said to have inspired strong traffic at the show. Now domestic jewelers expect enhanced sales during the upcoming festive and wedding season. The show, supposed to be Asia’s largest is
“Zimbabwe Mining Consolidation of Little Purpose”
Harare: A member of parliament for Zimbabwe’s opposition Movement for Democratic Change (MDC) has claimed that the planned consolidation of the country’s diamond mining companies in Marange is of “little purpose”. Eddie Cross, an economist, said although less was known about the remaining deposits at Marange, it was believed that a sheet of agglomerate across much of the site was
