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
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‘Current State of Diamond Market’
New York: At a panel held during “The Current State of Diamond Market” on July 16 during the Initiatives in Art and Culture’s 14th annual Gold + Diamond Conference in New York City, most speakers agreed that the natural and lab-grown diamond sectors are hurting right now. At the panel, which Rob Bates of JCK moderated, several IDMA board members shared their
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
Flooding of Synthetic Diamonds Upsets De Beers
Gaborone: De Beers has decried the flooding of synthetic diamonds in the industry, which it says was threatening long-term sustainability of the industry. The group’s head of strategy and corporate affairs Bruce Cleaver was quoted by APA as saying that the “duds” were also threatening profitability. He said the impact of synthetic diamonds was more severe if manufactures fail to
Undisclosed Synthetics Detected in Surat
Surat: The Surat Diamond Association (SDA) on Saturday detected 110 piece of synthetic diamonds from a packet belonging to two diamond traders operating from the Mini Bazaar diamond market in Varachha, according to a report published in The Times of India. This is the first time that synthetic diamonds have been detected from the world’s largest diamond cutting and polishing
GJF Welcomes Govt’s Move to Ease Gold Import
Mumbai: All India Gems and Jewellery Trade Federation (GJF) welcomed the Union Government’s recent initiatives to ease supply of gold as raw materials but sought industry status for the sector and National Jewellery Council status for the Federation so that it could implement key initiatives for the sector. GJF has urged the Government to create several jewellery parks with shared
8th Edition of Signature IIJS Inaugurated
Mumbai: The Gem and Jewellery Export Promotion Council officially inaugurated its eight edition of Signature on February 20, 2015, at the Bombay Exhibition Centre (NSE Complex) in Mumbai. It promises to be a grand event as over 580 exhibitors will be participating with over 1,100 booths spread over the 30,000 sq m venue. The event will witness more than 7,000
