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
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
IIGJ to Participate in Live Interaction with PM
Udupi: On the occasion of the first anniversary of the Pradhan Mantri Vishwakarma Scheme, the Indian Institute of Gems & Jewellery (IIGJ), a Project of GJEPC in Udupi, has been selected as one of seven institutes nationwide for a live interaction with Hon’ble Prime Minister Mr. Narendra Modi on 20th September 2024. PM Vishwakarma is a groundbreaking initiative aimed at empowering
Gemfields Announces Recent Auction Results
London: Gemfields recently announced the results of its auction, which primarily featured commercial-quality sapphire, corundum, and ruby. Held from 2 to 4 September 2024, the auction generated significant positive outcomes, particularly for lower-priced rough gems. The auction achieved a total revenue of USD 2.3 million, with 5.7 million carats (equivalent to 1,130 kilograms) offered across 10 lots, all of which
April-May Platinum Jewellery Sales Up 30% in India
Mumbai: Platinum jewellery purchase has outpaced gold during the initial two months of the current fiscal year. The platinum jewellery sales during April to May this year surged higher by 30% over the previous year. The strong growth in sales was primarily driven by sharp plunge in platinum prices relative to gold and growing demand for bridal jewellery and chains.
2,000-year-old pearl found in Western Australia
Perth: Archaeological excavations undertaken by the University of Wollongong (UOW) and the University of New England (UNE) on the north Kimberley coast of Western Australia have led to the discovery of a 2,000-year-old natural marine pearl, UOW said in a media release. The Brremangurey Rockshelter in the Admiralty Gulf contains over 12,000 years of Indigenous history, including shell middens and
12th Edition of Jovella Opens on June 30
Tel Aviv: The 12th edition of JOVELLA, Israel’s international jewelry and diamond exhibition, will be held on June 30 – July 1, 2015 at Tel Aviv’s Trade Fairs and Convention Center. JOVELLA, the leading event of the jewelry industry in Israel, offers both domestic and foreign buyers an opportunity to explore Israel’s diamond and jewelry industries, to meet some of
AWDC-Diamond Administration of China Sign MoU
Antwerp: The Antwerp World Diamond Centre (AWDC) and the Diamond Administration of China (DAC) have signed a memorandum of understanding that aims to reinforce cooperation between the two diamond centers. The MOU was signed during the Antwerp-Shanghai Investment Forum taking place in Antwerp June 3-4, which welcomes an economic and political delegation led by Shanghai Party Secretary and former mayor
