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
WDC Urges KP to Unite to Overcome Obstacles
Dubai: The World Diamond Council President, Feriel Zerouki (WDC), delivered her opening address to the 2024 Kimberley Process (KP) Plenary with a compelling call for unity and action, addressing industry challenges and the need for essential reforms. In her keynote speech, she emphasized the WDC’s commitment to strengthening the KP and promoting an equitable and sustainable diamond industry. In her
NDC Unveils New ‘Diamonds of Canada’ Report
Mumbai: Diamond Council (NDC) recently announced the launch of its latest report titled ‘Diamonds of Canada’. This report is an extension of the larger ‘Diamond Facts’ report unveiled by NDC last year, which aimed at highlighting the significance of natural diamonds and the positive impact on the communities they touch. The Diamonds of Canada report offers an in-depth look uncovering
Get Festive Ready with Platinum Evara
Mumbai: It’s that time of the year to bring out the festive finery – for a day of celebration and evenings that spell sophistication and understated elegance; each look, talked about long after the party has ended. As you elevate your style game, complement those stunning outfits with the precious timelessness of platinum jewellery. Unique platinum jewellery pieces from Platinum EVARA’s
India Pavilion at Jewellery, Gem & Technology Dubai Exhibition
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has organised an India Pavilion at the 3rd edition of the Jewellery, Gem & Technology Dubai 2024 show being held from 12th to 14th November 2024, at the Dubai Exhibition Centre. This year the India Pavilion is hosting 20 top Indian companies across 24 booths, showcasing an array of loose stones,
Gold-Silver Price-Setting Methods May Change
London: The decades-old methods for determining the daily benchmark prices for gold and silver seem set to change—the result of unwelcome attention from regulators and class-action lawsuits. Currently, the price of both metals is set at a daily teleconference by a number of prominent multinational banks—four in the case of gold, and three in the case of silver. However, the
CIBJO Gives Sustainability Frame for Pearl Sector
Milan: CIBJO President Gaetano Cavalieri has presented an outline for sustainability in the cultured pearl sector, emphasizing that a comprehensive approach must be taken that addresses economic, environmental and social responsibility. He was speaking at the Sustainable Pearls Forum, which took place in Hong Kong on June 21. The cultured pearl industry provides an opportunity to introduce concepts that often
Gold Curb Relaxations on the Way…
New Delhi: The government of India has indicated that there is a need to ease norms for bullion imports to boost supplies and jewellery exports. “There is a need of rationalisation in (gold import) duty and (gold import) procedure….We have already made it clear that there is a need to look at the current gold import regime,” commerce secretary Rajeev
RBI's Credit Limit Troubles Diamond Units
Surat: At least 350 small and medium diamond companies in the world’s biggest diamond cutting and polishing centre in Surat are facing severe financial problems with Indian banks strictly implementing the 90 days credit limit for overseas payment to rough diamond dealers in Antwerp and Dubai for the past four months, reports The Times of India. The Gem and Jewellery
