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
Mastering Lab-Grown Diamonds: Seminar by GSI
Mumbai: The industry has reached the intriguing crossroad of category diversification and transparency when it comes to diamonds. Natural or man-made, illegal mixing of both damages the trust of every stakeholder involved in the process. As lab-grown diamonds continue to gain traction in the luxury jewellery market, comprehensive knowledge has become essential for industry players. Encouraging transparency, Gemological Science International
Gold to Have Best Annual Performance: WGC
Mumbai: Although global interest rates are expected to continue declining in 2025, creating a tailwind for gold, the outlook heading into the new year is somewhat muddled, according to the latest report from the World Gold Council (WGC). The WGC noted in its 2025 Outlook report, published Thursday, that the gold market faces two distinct scenarios next year as uncertainty
“Challenges in Diamond Identification”
Mumbai: India’s Bharat Diamond Bourse (BDB) hosted a riveting session on the important and well-timed topic of “Challenges in Diamond Identification” as part of the BDB leadership series. The session was presented by Dr. Wuyi Wang, Vice President of Research and Development at GIA and facilitated by Sriram Natarajan, Managing Director of GIA India. Dr. Wang’s session offered valuable insights
IGI’s IPO Opens on 13th December
Mumbai: International Gemmological Institute (India) Limited (“IGI” or “The Company”), shall open its Bid/Offer in relation to its initial public offer of Equity Shares on Friday, December 13, 2024. The total offer size of equity shares (face value of Rs. 2 each) aggregating up to Rs. 42,250 million [Rs. 4,225 crore] comprises a Fresh Issue of aggregating up to Rs. 14,750 million
WGC Members Committed to TCFD Reporting
The World Gold Council (WGC) today announced that its members, 33 of the world’s most forward-thinking gold miners, have committed to reporting their positions and progress on climate-related risks in line with the recommendations of Taskforce for Climate-related Financial Disclosures (TCFD). The TCFD recommendations and reporting framework is now widely recognised as the preferred method for embedding climate change into
7th Cycle of De Beers Collects $514 Mln.
Gaborone: Diamond miner De Beers sold an estimated $515-million of rough diamonds during its seventh sales cycle of the year. This compares with the $514-million in sales recorded in the sixth sales cycle, and the $334-million in sales recorded in the seventh sales cycle of 2020. Owing to the restrictions on the movement of people and products in various jurisdictions
CIBJO to Launch 3rd Season of Jewellery Ind. Voices
Milan: The third season of Jewellery Industry Voices, the widely followed webinar series presented monthly by CIBJO, the World Jewellery Confederation, will kick off the same way that it did in 2020, with an in-person seminar in Vicenza, Italy, which will be live-streamed simultaneously as a webinar around the globe. The two-hour, two-part seminar/webinar is a featured event during the
GJEPC Wbinar Discusses GST Refunds
Mumbai: The GJEPC organized a webinar on 8th September to discuss GST Refunds and a Critical Change in the GST Audit and its impact on business owners. Eminent speakers Nishant Shah, Partner, ELP and Pranav Pagari, Associate Partner, ELP were invited to brief participants on the “critical change” and the activities to be undertaken in September 2021 to avoid loss
