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
Gift Forevermark Cufflinks on Father’s Day
Mumbai: With Father’s Day just around the corner, it’s time to appreciate the role fathers play in our lives with a gift that speaks to their personal style and enduring presence. A pair of exquisitely crafted cufflinks from the De Beers Forevermark Icon™ Collection holds the perfect symbolism to mark this occasion. The cufflinks from this collection shine brilliantly like stars
CIBJO President Honored with Award
Milan: CIBJO President Dr. Gaetano Cavalieri has received the 2023 IPMI Jun-ichiro Tanaka Distinguished Achievement Award in recognition of his contribution to the precious metals industry. The award was made by Koichiro Tanaka, CEO of the Tokyo-headquartered Tanaka Group, during the 47th Conference of the International Precious Metals Institute (IPMI) in Scottsdale, Arizona, USA, on June 13. The Jun-ichiro Tanaka
6th Platinum BSM from 6 to 7 July
Mumbai: Platinum Guild International-India (PGI) has announced the highly anticipated 6th edition of its prestigious flagship event, the Platinum Buyer-Seller Meet (BSM). The event will be held on 6th and 7th of July 2023 and will bring together official platinum jewellery manufacturers and retailers under the PGI programme to facilitate business growth and networking opportunities. As platinum jewellery continues its aggressive growth
GIA India Launches New Program for 1st Time
Mumbai: GIA India has launched the Comprehensive CAD/CAM for Jewelry Certificate Program in India for the first time. This seven-week programme, which commences on June 26, 2023, equips students with the necessary CAD/CAM (Computer-Aided Design/Computer-Aided Manufacturing) skills. Learn more – https://bit.ly/3OVnztX Sriram Natarajan, Managing Director of GIA India said, “The introduction of the Comprehensive CAD/CAM for Jewelry Certificate programme in India
De Beers to Spend $3bn on Diamond Operations
Gaborone: The De Beers Group is set to invest around $3billion over the next 10 years on its diamond mining operations. Fin24 reports that the bulk of the investment would be spend on its key South African mine, Venetia in Limpopo where the underground mine was expected to extend its life beyond 2040. Venetia produced 3.2 million carats in the
SRK is now a ‘Premier Trading House’
New Delhi: Indian company Shree Ramkrishna Exports Pvt.Ltd (SRK), which exported 348,000 carats of polished diamonds in the financial year 2014, has been recognized as a ‘Premier Trading House’ – the highest recognition given to an Export House by the Indian government. SRK, which exports to more than 40 countries worldwide, has been given the status based on the total
De Beers Says Diamond Prices to Recover in Q2
Gaborone: De Beers said that diamond prices, which had been weak since the fourth quarter of last year, will recover from the second quarter of the year. Group chief executive Philippe Mellier was quoted by BusinessDay as saying that rough diamond prices leaped 7 percent last year. He, however, could not make any projections for 2015. “I definitely see some
India Interested in Small Angolan Diamonds
Cape Town: A group of Indian business men are interested in Angola’s small diamonds, an official from the state diamond mining company Endiama has said. Angop news agency quoted Endiama chief executive Carlos Sumbula as saying that he met with the group during the just ended 2015 Mining Indaba in Cape Town. “The Indians are interested in small diamonds and
