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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Swarovski Created Diamonds Launches in India
Mumbai: Building on the success of its Swarovski Created Diamonds collections in the USA, China, and Japan, the Austrian Maison ventures further into the fine jewelry market with the announcement of their launch in India. Crafted with Swarovski’s exquisitely cut laboratory-grown diamonds, which are identical to mined diamonds in every way but origin, Swarovski Created Diamond’s fine jewelry collections showcase the
India Pavilion Showcased Innovative Designs at JCK Las Vegas
Las Vegas: Gem & Jewellery Export Promotion Council (GJEPC) has announced the successful conclusion of the India Pavilion and Design Gallery at JCK Las Vegas 2024. The event, held from 31st May to 3rd June at the Sands Expo & The Venetian, has once again demonstrated the exceptional craftsmanship and innovative designs that Indian jewellers bring to the global stage. The
‘Man of Platinum of the Match’ Contest
Mumbai: PGI India’s Men of Platinum, renowned for celebrating true men of character, launched its latest initiative for the upcoming T20 Cricket World Cup Season. In cricket, true greatness is not just about winning the spotlight but also displaying character and values in crucial moments, both on and off the field. The game of cricket has witnessed many such exceptional men of character that have
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
Statement by IDMA: Leave No One behind!
Antwerp: “At this pivotal moment for the global diamond industry, it is vital that we protect the lives and livelihoods of all those employed in the mining and manufacturing of diamonds,” IDMA President Ronnie VanderLinden said. “We are pleased that the G7 will seek further engagement with diamond industry organizations such as the World Diamond Council (WDC) and IDMA, to
De Beers Rough Sales Rise to $130 Million
Gaborone: De Beers said its rough diamond sales for the tenth and final cycle of 2023 showed a sharp decline from the previous year. According to the company, the provisional sales value for the period between 9th November and 19th December was $130 million. This is a 69% drop from the $417 million recorded in the same cycle of 2022,
Unearthing Challenges: Is KP ‘Dead’ or ‘Alive’?
(By Suresh Chotai): The Kimberley Process (KP), established in 2003, emerged as a beacon of hope to curb the trade in conflict diamonds, aiming to eliminate the link between diamond sales and funding for armed conflict. However, over the years, the KP has encountered a myriad of challenges that have tested its efficacy and raised questions about its ability to
Narendra Modi Inaugurates SDB
Surat: India’s Prime Minister Mr. Narendra Modi inaugurated the Surat Diamond Bourse (SDB) today in Surat, Gujarat. Before the program, the Prime Minister also visited Panchtatva Garden, viewed the Green Building of Surat Diamond Bourse & SPINE-4, and signed the visitor booklet. Earlier in the day, the Prime Minister had also inaugurated the new terminal building at Surat Airport. Addressing
