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
Top News
GJEPC & Exim Bank Explore Cluster Strategy for Export Push
Mumbai: GJEPC hosted a meeting with Ms. Rupa Dutta, Advisor, Exim Bank and the former Principal Advisor, Department of Industrial Policy & Promotion, along with key Exim Bank officials to discuss the potential of cluster development and export facilitation in the Indian gems and jewellery sector. GJEPC and Exim Bank are collaborating on a joint study to explore strategies for
Linneys Unveils Exclusive Argyle Pink Diamond Quokka
Perth: Renowned Australian jeweller Linneys has unveiled a remarkable creation: The Argyle Pink Quokka. This sculpture, crafted from rare Argyle Pink Diamonds and 18-karat gold, is a tribute to two of Western Australia’s most beloved icons – the quokka, known as the world’s happiest animal, native to the shores of Rottnest Island, and the now-closed Argyle Diamond Mine. Limited to
Dubai’s Largest Polished Diamond Auction
Dubai: Rapaport Diamond Corporation and DMCC have announced the largest polished diamond auction ever held in the emirate’s history. The auction will feature over 3,200 lots of polished diamonds, totalling more than 50,000 carats, and will be held at the Dubai Diamond Exchange (DDE) in Almas Tower. This event marks a strategic expansion of Rapaport’s viewings in Dubai and a
GJSCI Makes the Nation Proud Again
Mumbai: India’s Gem and Jewellery Skill Council of India (GJSCI) has yet again made the nation proud by bagging the prestigious Medallion of Excellence Award at the World Skills Competition, Lyon – France, 2024. The competition, held in Lyon, France, witnessed participants from over 80 countries vying for top honors in various skill categories. GJSCI’s Performance at the WorldSkills Competitions
EGL USA Launching Diamond Trading Service
New York: Stung by RapNet’s decision to ban all EGL labs from its network, EGL USA is launching a rival online trading platform. The network, still in the testing phase, will list “stones from EGL USA as well as other top-tier well-respected labs,” says a spokeswoman. A statement said that the free-of-charge platform is meant for lab clients “displaced by
Now Diamonds from Peanut Butter!
London: While man-made diamonds are becoming increasingly popular, it’s hard to believe a German geologist has found the way to create the coveted gems out of peanut butter. However Dan Frost — a geologist from the Bayerisches Geoinstitut— was able to replicate extreme conditions found in the Earth’s surface, becoming one of the first cases reported where the tasty spread
Botswana Diamonds Loss Widens to $1.6mln
Gaborone: Botswana Diamonds, which is currently exploring for diamonds in the in the Orapa area in Botswana together with its joint venture partner Alrosa, said it posted an operating loss of £1.05 million ($1.6 million) during the year ended June 2014, from £477,908 ($748,884) a year earlier. No revenues were recorded while its pre-tax losses rose to £948,610 ($1.5 million)
IDI Launches Holiday B2C Sales Platform
Ramat Gan: The Israeli Diamond Industry is gearing up for Cyber Monday with a pop-up B2C e-commerce platform for loose diamonds and diamond jewelry, launched by the Israel Diamond Institute Group of Companies (IDI). The dedicated mini-site, which will offer goods at considerable discounts from some of Israel’s leading companies, will go live on December 1 and will be up
