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
Piyush Goyal Inaugurated IIJS Signature 2024
Mumbai: India’s Minister Mr. Piyush Goyal inaugurated the New Year’s first and largest-ever India International Jewellery Trade Show-IIJS Signature Gem & Jewellery Trade organised by the country’s apex trade body, the Gem & Jewellery Export Promotion Council (GJEPC). The 16th edition of GJEPC’s IIJS Signature will witness 30,000+ visitors (including international buyers) from 800 Indian cities and 60 countries. The
Narendra Modi, Vipul Shah Named Most Influential People in Diamond Industry
Mumbai: The world’s most influential and most read diamond-focussed publication ‘Rapaport’ named Hon. Prime Minister of India Mr. Narendra Modi among the movers and shakers of the global diamond industry in the year 2023. Other members including Mr. Vipul Shah, Chairman of Gem & Jewellery Export Promotion Council (GJEPC); Gina Drosos, CEO, Signet Jewelers; Feriel Zerouki, president, World Diamond Council
Mah. Minister to Inaugurate IIJS Signature
Mumbai: In a major boost for the jewellery industry, Mr. Uday Samant, the honourable Minister for Industries, Government of Maharashtra, has confirmed his participation as the Guest of Honour for the inauguration of IIJS Signature 2024 on 5th January 2024 at Bombay Exhibition Centre (BEC). The announcement was made after a productive meeting between Mr. Samant and the representatives of
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
Antwerp Hosts WDC and KP Chair
Antwerp: The Antwerp World Diamond Centre (AWDC) welcomed the Kimberley Process (KP) Chair, His Excellency Wei Chuanzhong, Vice-Chair Bernardo Campos and the Mr. Edward Asscher, President of the World Diamond Council (WDC) for the purpose of renewing the Memorandum of Understanding (MoU) on the KP Administrative Support Mechanism (ASM). In 2012, the KP Plenary designated the World Diamond Council through
Barclays Fined $44 Million over Gold Fix
London: British authorities have fined Barclays, one of five banks that sets the price of gold each day in the London fix, nearly $44 million after a former trader improperly influenced the price-setting mechanism, reports jckonline.com. The British Financial Conduct Authority said that, in 2012, Daniel James Plunkett, a director on the bank’s precious metals desk, placed certain orders meant
GJF Announces Day-Long Interactive Workshop ‘Labham’
Mumbai: The All India Gems and Jewellery Trade Federation (GJF) and all major G&J Trade Associations, has announced the first-ever educational ‘Labham’ programme on 1st June 2014 in Rajkot onwards for all jewellers, manufacturers, traders and other constituents of the G&J businesses in and around Rajkot. It will be held in Chennai on 10th June and in New Delhi on
Gold Prices May Decline to Rs 24,000 by Diwali
Mumbai: Following the Reserve Bank easing the 20:80 gold import norms, India Bullion & Jewellers Association (IBJA) said gold prices are likely to fall to Rs 23,000-24,000 per 10 grams by Diwali as it also expects the Customs duty reduction in the forthcoming Budget, reports The Freepress Journal. “RBI’s easing of 20:80 gold import norms is positive for the gems
