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
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Tanishq-De Beers Partner to Boost Indian Market
Mumbai: De Beers Group, the diamond company, and Tanishq, India’s jewellery retail brand from the Tata group, have announced a long-term strategic collaboration to connect more Indian consumers with the rarity and preciousness of natural diamonds and amplify the growing opportunity in the Indian market. With a vibrant economy, a growing middle class and discerning consumers who seek jewellery with enduring value,
First Pre-CIBJO Congress ’24 Sp. Report Released
Milan: With fewer than 11 weeks to go to the opening of the 2024 CIBJO Congress in Shanghai, China, on November 2, 2024, the first of the pre-congress Special Reports has been released. Prepared by the CIBJO Marketing and Education Commission, headed by Jonathan Kendall, it considers what must be done to ensure that jewellery remains the ultimate expression of
Kareena Kapoor Khan Graces Jewellers for Hope
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) hosted the 9th edition of its charity dinner, ‘Jewellers for Hope’, at a glittering event attended by industry leaders and philanthropists. Backed by Associate Partners – De Beers and World Gold Council; and powered by GIA; the ‘Jewellers for Hope’ charity event once again garnered overwhelming support from jewellers, diamond exporters,
CIBJO Reports to UN Global Compact
Milan: The World Jewellery Confederation (CIBJO) has formally reported to the UN Global Compact about activities and programmes that it undertook in support of the United Nations organization’s international mission over the two-year period that started in September 2022. Described as the world’s largest corporate sustainability and social responsibility initiative, with more than 20,000 business participants and other stakeholders in
Surat Diamantaires to Discard ‘Chitthi’ System
Surat: The paper chits, which are otherwise thrown into dustbins, have been an important trade instrument in the Rs 90,000 crore diamond industry for over six decades now. But, this ‘chitthi system’ that is based on mutual trust is set to be banished now, reports The Times of India. Following an increase in defaults and cheating cases, the small and
2015 Presidents' Meeting Ends
Tel Aviv: The 2015 Presidents Meeting in Tel Aviv came to an end on Tuesday, with World Federation of Diamond Bourses (WFDB) President Ernie Blom saying it had provided the opportunity for three days of intensive discussions on the main issues affecting the diamond trade globally. WFDB presidents, as well as their counterparts from the International Diamond Manufacturers Association, also
Mellier: Sustainable Returns Are Key To Investment
Tel Aviv: Addressing the second day of the World Federation of Diamond Bourses (WFDB) and International Diamond Manufacturers Association (IDMA) Presidents meeting in Tel Aviv earlier yesterday, Philippe Mellier, Chief Executive, De Beers Group, said that sustainable returns across the diamond pipeline are the key to investment to underpin further growth. “Diamantaires need to make sustainable returns so they can
Mystery Diamond Treatment Also Found at IGI
New York: The previously unknown treatment that temporarily boosts a diamond’s color has also been discovered on diamonds submitted to the Antwerp branch of the International Gemological Institute (IGI), according to a report being released in Israeli newsletter Diamond Intelligence Briefing. On May 13, GIA said it suspected that as many as 500 stones had been treated with a mystery
