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
NDC-Jos Alukkas Collaborate To Strengthen Natural Diamond Business
Mumbai: The Natural Diamond Council (NDC), a global not-for-profit organization dedicated to promoting and supporting the natural diamond industry, has partnered with Jos Alukkas, a highly trusted name in the jewellery industry known for its heritage and commitment to quality. This collaboration aims to create an enriching experience for consumers, empowering them with knowledge and in-depth understanding on the inherent
Urgent Need for Differentiation Between Natural & LGDs
New Delhi: India’s Central Consumer Protection Authority (CCPA), organized a Stakeholder Consultation on Consumer Protection in the Diamond Sector to deliberate on the use of appropriate terminology for diamonds. The consultation, chaired by Mrs. Nidhi Khare, Chief Commissioner of CCPA, brought together key industry stakeholders and experts. The meeting addressed critical concerns regarding the lack of standardized terminology and inadequate
Smriti Irani Highlights Role of Women in G&J Sector
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) organized a session titled “Empowering Women Entrepreneurs in the Business of Gem & Jewellery Exports” at the Deputy Speaker Hall, Constitution Club of India in New Delhi on 19th November. The event highlighted the critical role of women in driving innovation and growth in the gem and jewellery (G&J) sector. Former
EU Slams KP Inaction on Russian Diamonds
Dubai: The European Union (EU) has expressed deep disappointment over the failure of the Kimberley Process (KP) to address the implications of Russia’s war in Ukraine on the global diamond trade, marking the third consecutive year of inaction. The EU, in a statement released on 18th November, criticised the KP’s inability to confront the issue, which has significantly eroded the process’s
WDC Launches Upgraded System of Warranties
New York: The World Diamond Council (WDC) has marked the 40th anniversary of the United Nations 2021 International Day of Peace with the official public launch of its Upgraded System of Warranties (SoW). WDC President Edward Asscher said, “For the International Day of Peace 2021, the United Nations set the theme for ‘recovering better for an equitable and sustainable world,’
KP Plenary 2021 to be Held in Hybrid Format
Moscow: The Kimberley Process (KP) Plenary meeting from 8th-12th November 2021 will have a hybrid format, according to the Russian Federation, the current KP Chair. The Plenary will take place both online and in-person – for those who will be able to visit Moscow (subject to national Covid-19 restrictions and quarantine rules applied when entering Russia). Russia’s Ministry of Finance
Networking Dinner at IIJS Premiere
Bengaluru: The India International Jewellery Show (IIJS Premiere) 2021 recently concluded with a great success note. The show which is a primary platform for Indian jewellery manufacturers, hosted the industry’s biggest gathering of domestic and overseas buyers and retailers, enabling them with key insights into changing demand trends along with versatile jewellery crafted with highest standards of design and finish. The
Piyush Goyal Exhorts Industry to be more Atmanirbhar
Bangalore: India’s Gem & Jewellery Export Promotion Council (GJEPC) organised an interactive session during IIJS Premiere 2021, one of Asia’s leading Gem & Jewellery trade exhibitions, in Bangalore. The conference was graced by the presence of Mr. Piyush Goyal, Hon’ble Minister for Commerce & Industry, Textile, Consumer Affairs, Food and Public Distribution, Govt of India along with Mr. Colin Shah,
