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 Organizes India Show-Jewels Unbounded
Hong Kong: An extraordinary evening filled with glamour, fashion and dazzling fine jewellery showcased the brilliant Indian Craftsmanship in Hong Kong. The enthralling evening witnessed presence of Ms. Manushi Chhillar, former Miss World 2017 and Brand Ambassador for GJEPC, as she took the spotlight as the Showstopper. The event was graced by His Excellency Mr. Pradeep Kr. Rawat, Ambassador of
WGC’s Members Commit to Enhanced Transparency
Mumbai: The World Gold Council (WGC) has announced that its members, who represent the majority of the global large-scale gold mining industry, have committed to providing enhanced transparency in the gold supply chain. All 33 WGC members with operating mines, who collectively produce around 1,300 tonnes of gold per annum, have committed to publishing the names and locations of their
Surging Opportunities in LGDs
Dubai: DMCC has released a special edition of its Future of Trade thought leadership report series focused on lab-grown diamonds (LGDs), the rapid global rise of this nascent technology and its transformative impact on the industry. The report, titled “Coming of Age – The Future of Lab Grown Diamonds,” is a culmination of industry expertise and in-depth analysis. It provides
PM Vishwakarma Yojna for Artisans Launched
Mumbai: India’s Prime Minister Mr. Narendra Modi launched the ‘PM Vishwakarma Scheme’ PM Vishwakarma logo, tagline and portal for traditional artisans and craftspeople on the occasion of Vishwakarma Jayanti on 17th September. The Prime Minister acknowledged the contribution of the Shramiks and Vishwakarmas in the construction of the India International Convention and Expo Centre (Yashobhoomi). “Today I dedicate ‘Yashobhoomi’ to
Rio Tinto’s Zimbabwe Diamond Mine Output Drops
Harare: Rio Tinto said its 78 percent owned Murowa mine in Zimbabwe recorded a 4 percent drop in output to 101,000 carats during the fourth quarter of 2014. The company, which also has operations in Australia and Canada said its total rough diamond output declined 37 percent year on year to 2.841 million carats during the same period under consideration.
World Gold Demand to Grow Sharply in 2015
London: The latest research report by HSBC predicts that gold demand will rebound sharply in 2015 and may reach more than 4100 tonnes. According to HSBC, there will be two reasons for that: the back of buoyed physical buying in the Asian region, and increased flow of money into bullion-based Exchange Traded Products (ETPs). Gold prices posted annual drop in
IGJA 2014 Awards Function in Mumbai on Jan 29
Mumbai: Chief Minister of Maharashtra, Devendra Fadnavis will be the Chief Guest at function for the distribution of the India Gems & Jewellery Awards 2014 (IGJA) which will be held at NCPA, Mumbai on January 29, 2015. IGJA honours outstanding performers from within the industry across different product segments, banks and agencies involved in finance and supply of gold to
ADK’s Next Rough Diamond Days
Antwerp: The Antwerpsche Diamantkring (ADK), the world’s leading rough diamond bourse, announced it will hold the next edition of its Rough Diamond Days, February 25 and 26, in the ADK trading hall. The ADK’s history making first edition of the Rough Diamond Days was held last November. “It was a great opportunity to place the Kring in the spotlight,” ADK
