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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BSM Brazil 2027 Returns to São Paulo with Expanded International Presence
São Paulo, Brazil: Following the remarkable success of its previous editions, Buyer Seller Meeting (BSM Brazil) will return to São Paulo in April 2027, further strengthening its position as Latin America’s premier international B2B event for the diamond, gemstone, jewelry and precious metals industries. Organized with the mission of connecting qualified buyers and leading international suppliers, BSM Brazil 2027 will welcome an even larger number
Israel’s Diamond Industry Under Severe Pressure
Mumbai: Israel’s once-prominent diamond industry is facing one of the most difficult periods in its history, with veteran traders reportedly leaving the business and searching for alternative livelihoods. A recent report by Ynetnews has highlighted the depth of the crisis at the Israel Diamond Exchange in Ramat Gan, traditionally one of the world’s important diamond trading centres. According to veteran
‘Advanced Leadership Programme in Gold Entrepreneurship’
Mumbai: The Indian Association for Gold Excellence and Standards (IAGES), announced the launch of the Advanced Leadership Programme in Gold Entrepreneurship, developed jointly with SPJIMR (Bharatiya Vidya Bhavan’s S. P. Jain Institute of Management & Research). The six-month executive programme is designed to build a new generation of professionally trained leaders for India’s gold and jewellery industry, combining SPJIMR’s academic
Did Natural Diamond Ind. Misjudge LGD Threat?
The natural diamond industry is finally confronting a question it perhaps should have asked much earlier: Did it underestimate the speed, scale and nature of the laboratory-grown diamond (LGD) revolution? For years, laboratory-grown diamonds (LGDs) were treated by much of the natural diamond industry as a niche product—an inexpensive alternative with limited appeal to serious jewellery consumers. The assumption was
First Virtual World Diamond Congress from 14th Sept.
Antwerp: The World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers’ Association (IDMA) have announced that the next World Diamond Congress will be held in a virtual format on September 14 – 15, 2020. The 39th World Diamond Congress, a biennial gathering of the WFDB and IDMA, was originally planned to be held in Hong Kong in November 2020, but
Peace Agreement Between Israel and UAE
Antwerp: Mr. Yoram Dvash, Acting President of the World Federation of Diamond Bourses (WFDB) and President of the Israel Diamond Exchange (IDE), praised the governments of Israel and the United Arab Emirates for the historic agreement that was announced yesterday to normalize relations between the two important countries in the Middle East. Mr. Dvash said that he congratulates all of
Botswana's Diamond Sales Down by 64%
Gaborone: Botswana, the world’s top diamond-producing country by value, saw Q2 sales fell down by almost two-thirds because of coronavirus. Pandemic-related travel bans and reduced outputs resulted in sales of just $294m, down 64% from $807m for the same period in 2019, according to Bank of Botswana data. First quarter sales for 2020, before the full impact of the pandemic was felt,
GJEPC Seeks Special Assistance from MSME Ministry
Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) made a representation on the key focus areas pertaining to Gems & Jewellery to the Micro, Small and Medium Enterprises (MSMEs) sector to Mr. Nitin Gadkari, Minister of MSME, Government of India, on 6th August. Through a virtual meet, Mr. Colin Shah, GJEPC Chairman and Mr. Vipul Shah, Vice Chairman, briefed
