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
Top News
Understanding Global Supply of Emerald, Ruby & Sapphire
Mumbai: Gemfields, a leading global miner of coloured gemstones, has released a comprehensive new report titled Understanding the Global Supply of Emerald, Ruby and Sapphire. Key Findings and Objectives: The report sets out three primary objectives: updating data from the previous study, incorporating market analysis of sapphire, and integrating new data sources through collaboration with miners, associations, cooperatives, and consultants.
Global Gold Demand Hits New High in 2024
Mumbai: The World Gold Council’s (WGC) Q4 and Full Year 2024 Gold Demand Trends report reveals that total annual gold demand (including OTC ) hit a new, record high of 4,974t, driven by strong, sustained central bank buying and growth in investment demand. The combination of record high gold prices, and volumes resulted in the highest ever total value of
Jemora Gemhouse’s 1st Auction of Sapphires
Dubai: Jemora Gemhouse confirms its inaugural auction to occur from March 17-19, 2025, at the Dubai Diamond Exchange. This exclusive event will showcase an unparalleled collection of sapphires from some of the world’s most renowned sources, including Kashmir, Madagascar, and Sri Lanka. Key Highlights for Inaugural Auction: Mr. Dev Shetty, Jemora Gemhouse’s Founder and CEO said, “Our inaugural auction will
WFDB Presidents’ Meeting 2025 on June 10-11
Antwerp: The World Federation of Diamond Bourses (WFDB) has announced that its next Presidents’ Meeting will be held on June 10-11 in New York City, hosted by the Diamond Dealers Club (DDC) of New York. The annual Presidents’ Meeting is an important international event, convening senior representatives of the 27 member bourses and major players from throughout the diamond pipeline.
India to Introduce Third Tranche of SGB Soon
New Delhi: Having raised nearly Rs 1,050 crore in the first two tranches, the government will “shortly” issue the third tranche of sovereign gold bond (SGB) for the fiscal, Economic Affairs Secretary Shaktikanta Das said Thursday. “It will come very shortly. I can’t say the exact time as then there will be speculations on gold prices,” Das said. The government
Forevermark Enters Thailand, Hungary & S. Korea
Gaborone: The De Beers Group of Companies announces that Forevermark has recently launched in Hungary, Thailand and South Korea. It is now available in more than 1,700 outlets in 38 consumer markets. Forevermark launched in Hungary with R-A Diamonds, a leading distributor and wholesaler for fine diamond jewellery and loose diamonds. R-A Diamonds has selected an initial eight independent retailers
More Incentives for Gold Schemes in India
New Delhi: In order to further incentivise the Gold Schemes introduced by the government earlier, Finance Minister Arun Jaitley, as part of his budget announcements, announced the waiver of various taxes relating to the Sovereign Gold Bond Scheme and the Gold Monetization Scheme, 2015. For one, the redemption of bonds procured under the Sovereign Gold Bond scheme by an individual
CIBJO Seminar on Coral and Pearl Sectors
Hong Kong: The implementation of environmentally sound practices in both the coral harvesting and pearl farming sectors came under the spotlight today at the Hong Kong International Diamond, Gem & Show, with the discussion focusing not only the means to protect the fragile marine ecosystem, but also the need to present the members of the industry as responsible corporate citizens.
