We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Top News
Karen Rentmeesters Appointed Permanent CEO of AWDC
Antwerp: Yesterday, the Board of Directors of the Antwerp World Diamond Centre (AWDC), the umbrella organization defending the interests of Antwerp’s diamond community, appointed Karen Rentmeesters as the new, permanent CEO. Rentmeesters, who have more than 14 years of experience within the organization, including 7 years as head of the PR & Industry Relations department and 3 months as interim
Remarkable Growth in Buyers at CARATS-2024
Surat: The diamond industry gathered in Surat city for an exhilarating three-day showcase of loose diamond, natural diamond, lab-grown diamond, jewellery, machinery, software and cutting-edge technology, held from 12th July to 14th July 2024 at the Surat International Exhibition and Convention Centre located at Sarsana, Surat. Organized by Surat Diamond Association (SDA), this premier B2B event brought together leading manufacturers,
GJEPC Holds 1st Ever Meeting with Kashmir Jewellery Trade
Srinagar: India’s Gem & Jewellery Export Promotion Council (GJEPC’s) leadership and Committee of Administration (CoA) held its first ever meeting with the jewellery trade community of Kashmir on 18th July in Srinagar. The meeting marks a significant step in building stronger ties and exploring collaborative opportunities between the jewellery traders and retailers of Kashmir and the wider trade network across
CIBJO Blue Books to be Spotlighted
Milan: A three day course tailored for jewellery industry professionals, which will take place from August 21 to August 23, 2024, at GIT in Bangkok, Thailand, will present ethical and sustainable best practices in the various sectors of the jewellery industry, as they are delineated in CIBJO’s Blue Books. The course is being offered jointly by the recently established CIBJO
Accenture Suggests Steps to Boost Exports from SEZs
Kolkata: IT consultancy firm Accenture has warned that the move by Indian jewellers to set up units in China and Dubai may slow down gem and jewellery exports from the country, even as it suggested steps to boost exports from special economic zones (SEZs), reports The Economic Times. The jewellery companies that are considering setting up units abroad include Kama
ALROSA Not Changing Sales Policy in 2015
Moscow: The world’s leading diamond mining company ALROSA is not going to increase its capex or dramatically change its sales policy in 2015, ALROSA’s Vice President Ilya Ryaschin said in a conference call on Monday. According to him, the investment program currently under development envisages that capex in 2015 will not exceed the level of 2014 and will stay at
ALROSA again Chaired by Ilya Yuzhanov
Moscow: The Supervisory Board of ALROSA is once again chaired by Ilya Yuzhanov, according to the information received from the company on Friday. Yury Trutnev, Deputy Prime Minister of the Russian Government and Presidential Plenipotentiary Envoy to the Far Eastern Federal District, signed the directive prescribing the state representatives sitting on the Board to vote for Ilya Yuzhanov. The representatives
De Beers August Sight Estimated at $715M
Gaborone: The De Beers August sight closed last week with an estimated value of $715 million as the company maintained steady prices despite liquidity concerns in the diamond manufacturing sector. Rough trading slowed on the secondary market and premiums on De Beers boxes declined, with boxes selling at average low single-digit percentages during and after the sight. “The market is
