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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
India Discusses BRICS Coop. in Diamond Industry
St. Petersburg: An Indian delegation comprising Mr. R. Arulanandan, Director, Department of Commerce; Mr. Kirit Bhansali, Vice Chairman, GJEPC; Mr. Anoop Mehta, President, Bharat Diamond Bourse (BDB); and Mr. Sabyasachi Ray, Executive Director, GJEPC, participated in the Round Table on “Development of BRICS Cooperation in the Diamond Industry” at the St. Petersburg International Economic Forum in Russia. Heads of diplomatic
Alrosa Urges BRICS to Unite for Global Influence
Moscow: Speaking at the St. Petersburg International Economic Forum (SPIEF) 2024, Alrosa CEO Pavel Marinychev noted the formidable collective power of BRICS nations. Addressing a thematic session, Marinychev highlighted the significant economic clout of Brazil, Russia, India, China and South Africa (BRICS), which collectively represents 35% of the global GDP. “BRICS is the institution where we can shape a common
GJEPC Strengthens Trade Bonds in Latin America
Mumbai: The Gem and Jewellery Export Promotion Council (GJEPC) organised a delegation visit to Latin America from 21st to 29th May 2024. Led by Mr. Kirit Bhansali, Vice Chairman, GJEPC, the delegation toured Brazil, Colombia, and Panama to explore markets, boost India’s exports, and build stronger economic ties in the Latin American and Caribbean (LAC) region. The GJEPC delegation included Mr. Anish
De Beers Unveils Sustainability Report
Mumbai: De Beers Group recently reported on progress towards its ‘Building Forever’ sustainability goals, with key highlights including achieving a target to engage 5,000 women and girls in STEM (science, technology, engineering and mathematics) two years early, agreeing to establish a flagship Diamonds For Development Fund in Botswana, progressing key renewable energy projects in support of recently-validated science-based emission reduction
PNG Jewellers Celebrates Centenary of ‘Late Shri Dajikaka Gadgil’
Pune: P. N. Gadgil Jewelles recently celebrated the centenary year of ‘Late Shri Dajikaka Gadgil’ with various events spread out across the day to mark the majestic celebrations. Launch of late Shri Dajikaka Gadgil museum inaugurated by Mayor Chanchalatai Kodre, Shashitai Kirloskar and Mr.Vasant Davkhare, Deputy Chairman of Maharashtra Legislative Council followed by Madhuri Dixit Nene’s visit to the Laxmi
PJ Watson is Gem-A Gem Empathy Award Winner
London: The Gemmological Association of Great Britain (Gem-A)) has announced the winner of this year’s Gem Empathy Award as P J Watson. The Hertfordshire-based designers, manufacturers and wholesalers of fine diamond and gem set jewellery were awarded the prize for their stunning multi-purpose tourmaline and diamond, peacock feather brooch in 18ct white gold, created especially for the IJL show. Gem-A’s
First Sustainable Pearls Forum Talks Held
Hong Kong: The Sustainable Pearls Forum took place June 20th in Hong Kong, bringing pearl industry leaders around a table to discuss the importance of sustainability to cultured pearls. This event included companies such as Paspaley, Robert Wan, Jewelmer, Tiffany & Co. and Mikimoto. The Forum highlighted the potential of pearls as pioneers of sustainability in the jewellery industry and
Indian Companies Shine at 2014 JNA Awards
Hong Kong, 12th Sep: The 2014 JNA Awards has recognized a number of India-based companies for their contribution to the global jewellery and gemstone industry. JNA has named Anoop Mehta, president of the Bharat Diamond Bourse (BDB), as recipient of the Lifetime Achievement Award – the most prestigious honour conferred by JNA – while five of India’s major diamond manufacturers
