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
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
SSEF Launches Service for Melee Diamonds
Basel: The Swiss Gemmological Institute SSEF has announced the successful conclusion of validation testing of the ASDI-500, the newest version of the Automated Diamond Spectral Inspection device, developed with Swiss robotics company UNIMEC SA. The system is able to screen very large quantities of round colourless polished melee, detecting and extracting synthetics and simulants from among the natural diamonds. More
Rajesh Exports: Record Sales +40% YoY
Bengaluru: (By Evaluate Research): Rajesh Exports reported stellar results, ahead of our expectations, both in terms of revenues as well as profits, for the fiscal fourth quarter [ended March]. The performance continues to beat expectations as growth in the previous quarter was also solid. Revenue increased significantly by 35% YoY to a record high level of Rs.1154 bn as compared
Registration for IDW Surpasses 300
Ramat Gan: Registration of foreign buyers for the upcoming winter edition of the International Diamond Week (IDW) in Israel has surpassed the 300 mark and is expected to rise well beyond 400 ahead of the opening of the five-day event on February 8, the IDW Organizing Committee announced. “We have surpassed the 300 mark and ultimately expect to welcome more
Antwerp Rules Global Diamond Industry
Antwerp: Over the past twelve months, Antwerp clearly confirmed its leadership role in the global diamond trade and remains the preferred partner for diamond trade worldwide. Despite heavy competition from rivaling diamond hubs, more goods were traded year on year. A total of 227,2 million carats of rough and polished diamonds were traded, with a total value of 58.8 billion
Sixth Antwerp Diamond Trade Fair kicks-off
Antwerp: The Sixth Edition of the Antwerp Diamond Trade Fair (ADTF), the world’s exclusive by-invitation-only diamond trade show, kicked-off yesterday, welcoming many hundreds of buyers, among them not only delegations from existing, leading jewellery markets, but also from markets that until recently had remained unexplored. The fair, which is held in the trading halls of the Antwerp Diamond Bourse (Beurs
Pure Gold Group to Invest $150 Million in India
Dubai: The UAE-based Pure Gold Group has announced plans to invest $150 million in India in three major business sectors – retail, manufacturing (diamond and gold jewelry) and hospitality over the next three years. The group currently has 25 retail jewelry outlets in India under its flagship brand Pure Gold Jewellers. “We believe in Indian economy’s strong long-term outlook. This
