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
Platinum Love Bands for Your Summer Wedding
Mumbai: As we enter the summer wedding season, draw inspiration from your favourite celebrities when it comes to engagement ring choices. Celebrities worldwide have long favoured engagement rings set in platinum for their memorable “I Do” moments as this naturally white metal is renowned for its elegance, durability, and timeless appeal. From A-list actors to music sensations, these celebrities have embraced platinum
GJEPC Organized InnovNXT, Forty Under 40 Leadership Summit
Mumbai: Indian diamond jewellery market will grow to US$ 17 bn by 2031 out of India’s total gem & jewellery of US$ 120 bn from $ 79 bn in 2021. 2024 is likely to be a record year for gold mine production and jewellery demand will be firm but vulnerable to gold prices. These interesting nuggets were revealed through several compelling
Global Gold Demand Stays Strong: WGC
Mumbai: The World Gold Council’s (WGC) Q1 2024 Gold Demand Trends report reveals that total global gold demand (inclusive of OTC purchases) was up 3% year-on-year to 1,238t, marking the strongest first quarter since 2016. Demand excluding OTC fell 5% to 1,102t in Q1 compared to the same period in 2023. Healthy investment from the OTC market1 , persistent central
De Beers Moving Auctions HQ to Botswana
Gaborone: De Beers is moving its auctions headquarters from Singapore to Botswana in a move designed to streamline its operations and cut costs, according to media reports. The UK-based miner sells around 10 per cent of its rough, by value, via online auctions to almost 1,000 registered buyers. The other 90 per cent is sold to sightholders. In a statement
GJEPC Urges Gujarat Govt. For Trade Facilitation
Surat: A delegation under the leadership of Shri Vipul Shah, Chairman GJEPC met Mr. Saurabh Patel, Hon. Minister of Finance, Government of Gujarat to represent the Diamond trade issue on 8th October, 2014. The delegation consisted of Shri Chandrakant Sanghavi, Regional Chairman, Gujarat, Shri Ajesh Mehta, Co-Convenor, Diamond Panel Committee of GJEPC, Shri Aagam Sanghavi, Chairman, IDI, Shri Sabyasachi Ray,
GJEPC Submits Recommendations on SEZ Revival
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) has submitted a report to the Ministry of Commerce, Government of India outlining detailed recommendations on the steps that should be taken for the revival of manufacturing activity in the Special Economic Zones (SEZ). The recommendations fall into three broad categories – related to SEZ Functioning, Tax Policy Support and Business
IIJW Telecast in India and US on 12th &19th Oct
Mumbai: Fans of fashion, jewellery, style …and Bollywood have a treat coming up this weekend. On Sunday October 12th, Star Plus will air a programme on India International Jewellery Show ( IIJW) which is a Gem & Jewellery Export Promotion Council (GJEPC)’s jewellery fashion extravaganza held in July this year, titled” Jalwa Sitaron Ka”. The four-day event will be captured
8.41 ct. Pink Diamond Fetches Record Price!
Hong Kong: An 8.41 ct. purplish-pink fetched $17.8 million—or $2.1 million a carat—at the Sotheby’s Oct. 7 jewelry auction in Hong Kong, setting a new record for a vivid pink at auction. The vivid purplish-pink gem “attracted keen competition,” the auction house said, before breaking the previous $10.7 million record set by a 5 ct. vivid pink stone in Hong
