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
Top News
GJEPC Explores Growth Opportunities in Latin America
Mumbai: The Gem and Jewellery Export Promotion Council (GJEPC) has organised a Latin American delegation visit from 21st to 29th May 2024. The delegation will tour Brazil (São Paulo and Rio de Janeiro), Colombia (Bogotá), and Panama (Panama City). The visit aims to explore markets to boost India’s exports in the Latin American and Caribbean (LAC) region. Led by Mr.
PGI Creates Jewellery Demand that Otherwise would not Exist
Hong Kong: Creating an ounce of demand in platinum jewellery requires deliberate actions that can incorporate various differences along the product journey, according to the latest insights from the 2024 Platinum Jewellery Business Review by Platinum Guild International (PGI), the global marketing organisation dedicated to creating and strengthening the market for platinum jewellery. “Driving sales and value for platinum jewellery
WDC Welcomes Support for Listing Countries of Mining Origin on KP Certificates
Dubai: The World Diamond Council (WDC) concluded the 2024 Kimberley Process (KP) Intersessional with a renewed commitment to ethical practices, transparency and industry reform. The event, hosted by the United Arab Emirates, brought together key stakeholders to discuss the future of the diamond industry under the theme, “Year of Delivery.” In her closing remarks, WDC President Feriel Zerouki honored the late
India’s Plain Gold Jewellery Exports Grew 27.45% in April
Mumbai: India’s export of plain gold jewellery continues to soar, marking a significant 27.45% increase, reaching USD 342.27 million in April 2024, compared to USD 268.56 million in the same month the previous year. The overall exports of gems and jewellery declined 11.37% to USD 2074.85 million in April 2024, as compared to the same period the previous year. However,
IIJS Signature 2022 from 6th Jan at a New Venue
Mumbai: After the tremendous success of IIJS Premiere in Bengaluru in September 2021, the Gem & Jewellery Export Promotion Council (GJEPC) now announces the dates and venue for the 14th edition of IIJS Signature. The show will be held from 6th to 9th January 2022 at JIO World Convention Centre (JWCC), a prestigious new exhibition space in Mumbai. IIJS Signature
Antwerp Renews MoU with DRC
Antwerp: Antwerp, led by umbrella organization AWDC, yesterday welcomed the new minister of mines of the Democratic Republic Congo, Mrs Antoinette N’Samba Kalambayi and the General Directors of the Ministry’s two main diamond institutes, the CEEC and SAEMAPE, on a working visit to Antwerp. The delegation was welcomed first by the AWDC leadership, before embarking on an extensive tour of
NDC Launches Definitive Tome On ‘Diamonds’
Mumbai: The Natural Diamond Council (NDC), in partnership with New York-based publishing house Assouline, is launching a coffee-table book called Diamonds later this month. Diamonds is a collection of anecdotes from a host of interesting people starring the world’s most sought-after tangible luxury good. The book features celebrities like Maria Borges, Dua Lipa, Gigi and Bella Hadid, and Shawn Mendes
India’s Gold Imports Recover to Pre-Covid Levels
Mumbai: India’s Gold imports have witnessed a fluctuating trend during the last 6 months and have come at par with the statistics of the pre-covid years. In April-September 2021, in terms of value, the average import of gold recorded at US$3992.34 million which is higher than the average gold imports in the previous years. This is mainly on account of
