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

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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

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IIJS Premiere Launches 3D Stall Configurator

Mumbai: IIJS Premiere 2024 announces the launch of its most unique feature yet: the 3D STALL CONFIGURATOR, now live within the exhibitor manual. This innovative tool allows exhibitors to visualise and customise their stall layouts in a fully interactive 3D environment. With the 3D Stall Configurator, exhibitors can select from a variety of stall layout and additional stand fittings, including Showcases, Wall

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Isidore Mörsel Re-Elected President of AWDC

Antwerp: In the wake of Antwerp World Diamond Centre’s (AWDC) Board elections held two weeks ago, the organization recently announces the confirmation of Isidore Mörsel as President of the Board. Mörsel succeeds himself while Ravi Bhansali, who is joining AWDC’s Board for the first time, was appointed Vice-President. Isidore Mörsel, who is deeply respected within the Antwerp diamond community and

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JOSH Convocation Ceremony Held

Mumbai: JOSH (Jewellery Occupational Skilling Hub) an initiative of GJSCI which Imparts Skills to individuals which primarily focuses on Training Candidates from deprived backgrounds of Society.  A Convocation ceremony was held on 27th June, 2024 to felicitate 115 candidates, the pass outs of the 7th Regular batch of Candidates as well as the 1st batch of students from the Specially

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Piyush Goyal Commends Bharat Ratnam’s world-class status

Mumbai: India’s Minister Piyush Goyal visited Bharat Ratnam – Mega CFC on June 29th 2024, a project of the Gem & Jewellery Export Promotion Council (GJEPC) and SEEPZ. During the event, GJEPC highlighted its strategic initiatives, which have significantly contributed to the resilience, growth, and stability of the Indian gem and jewellery industry amidst global challenges. The event, held at the

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Surat to Get De Beers' 1st Research Institute

Surat: With the diamond consumers in the country accounting for the third largest share in the global polished diamond demand, a fiery competition is all set to start in the diamond certification business, reports The Times of India. De Beers, the world’s biggest mining company, has zeroed in on Surat to set up its International Institute of Diamond Grading and

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De Beers Briefs NY Banking Community

New York: Rough diamond supplies are likely to plateau by 2020 and then significantly decline during the following decade, according to Howard Davies, the head of commercial development for De Beers, who briefed members of the New York banking community recently about fundamentals affecting the state of the diamond market. Estimated global rough production, according to De Beers projections, will

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DDC, IDE Create 'Diamond Supply Platform'

New York: The Diamond Dealers Club (DDC) of New York and the Israel Diamond Exchange (IDE) are creating an unparalleled “Diamond Supply Platform” on the trading floor of the DDC, at a time that North American diamond buyers need it most, DDC’s president, Reuven Kaufman, and IDE’s president, Shmuel Schnitzer, said in a joint statement recently. The two pledged to

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Gem-A Confirms Two New Conference Speakers

London: The Gemmological Association of Great Britain (Gem-A)) has announced two new extra-special speakers for the Gem-A Conference 2014 from 1 – 4 November at the Business Design Centre in Islington. Joining the confirmed group of 13 top-international speakers, world-renowned specialist Dr Franz Herzog will run two exclusive workshops on Chemical Analysis using a portable Energy Dispersive X-Ray Fluorescence device

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