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
Milan Chokshi is New Chairman of GJSCI
Mumbai: Gem & Jewellery Skill Council of India (GJSCI) has announced the election of Mr. Milan Chokshi as its new Chairman. The decision was made at a Board of Directors meeting held on 15th October, 2024. Chokshi, a prominent figure in the gem and jewellery industry, succeeds Shri. Adil Kotwal, whose tenure was marked by significant contributions to the Council. Under
Botswana and G7 Announce G7 Verification Point
Antwerp: The Diamond Technical Team of the G7 and Botswana announced in a joint statement that an Export Verification Point for rough diamonds would be established in Botswana. For the development of this G7 verification point, Botswana will receive support and expertise from the Antwerp World Diamond Centre (AWDC), which has been operating as a G7 verification and certification hub
Forevermark’s Minimalist Bridal Jewellery
Mumbai: As the celebratory wedding season takes off, Forevermark presents a sophisticated range of jewellery for the modern bride, blending timeless elegance with versatility. The Millemoi, Avaanti, Icon and Forevermark Setting collections are thoughtfully designed for the contemporary bride, effortlessly transitioning from wedding celebrations to everyday moments. These versatile pieces are ideal for every milestone, from bachelorette parties and pre-wedding shoots to haldi, sangeet, and
Smriti Irani Commends Indian Women Exporters
Dubai: Mrs. Smriti Zubin Irani, India’s Former Union Minister, visited the India Jewellery Exposition Centre (IJEX) in Dubai recently, where she engaged with women exporters from India and women jewellery professionals based in Dubai. Her visit highlighted the remarkable contributions of women in the jewellery industry and the pivotal role of IJEX, an initiative of GJEPC, in boosting exports and
CVD Diamonds Sold with GIA Certificates
Mumbai: A Diamond Intelligence Briefs (DIB) investigation has revealed that a vendor on the leading online global wholesale platform, Alibaba, has offered CVD lab-grown diamonds with GIA certificates. The seller, International Trading Corporation (ITC) claimed to have an ability to supply 10,000 carats of CVD diamonds per week and that it has a “stock of more than 25,000 IGI and
Excellent Results for Rajesh Exports in Q3
Mumbai: Rajesh Exports reported an excellent set of results for the quarter ended December 2015 which are in-line with our estimates, says an Update Report provided to G2J by ‘Evaluate Research’. Management has decreased its revenue growth guidance for FY03/2017 due to a negative impact from currency volatility and a slowing global economy. Rajesh Exports has projected revenue growth in
DPA Announces Senior Positions
New York: The Diamond Producers Association (DPA) has announced the appointments of Stephen Lussier as Chairman, Jim Pounds as Vice Chairman and Jean-Marc Lieberherr as Chief Executive Officer, all with immediate effect. Stephen is Executive Vice President of Marketing at The De Beers Group of Companies, as well as Chief Executive Officer of its Forevermark brand. Jim is Executive Vice
Venezuela May Resume Diamond Trading
Caracas: The UAE is thought to be likely to back Venezuela’s potential return to diamond trading, after DMCC chairman Ahmed Bin Sulayem held a number of meetings in the country, according to a report in The National newspaper. Bin Sulayem, the current chairman of the Kimberley Process, has been in Venezuela to examine ways that the country can resume diamond
