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
GIA Updates Pearl Reports With “Peacock”
GIA’s industry analysis yielded the identification of the colour range that was commonly agreed upon within the pearl trade as “peacock”. The general description of that colour range is: a body colour with a hue that contains green, of mid-to-strong saturation and mid-to-dark tone, and with moderate or stronger overtone (usually pink, but may be other hues) or orient. Mumbai:
Rio Tinto Unveils Argyle Rose
Perth: Rio Tinto has unveiled the latest heirloom piece of Argyle Pink DiamondsTM jewellery, featuring one of the last diamonds to be mined from the Argyle mine in the East Kimberley, Western Australia. Exclusively designed by Western Australian jeweller Solid Gold Diamonds, the Argyle RoseTM is notable for featuring a total of 3.25 carats of rare Argyle pink and blue
Silver Jewellery Demend Grew by 29%
Global silver demand reached an all-time high of 1.242 billion ounces (Boz) in 2022, thanks to record silver demand across all major categories, according to the findings of the World Silver Survey 2023, released by the Silver Institute and researched and produced by Metals Focus, an independent precious metals consultancy. Silver jewellery demand rose by 29%, silverware grew 80%, and
De Beers Q1 2023 Sales in Line with Expectations
London: De Beers, the world’s leading diamond company, has released its Q1 2023 report, revealing mixed results in its diamond production and sales. The company reported flat rough diamond production at 8.9 million carats, with the planned treatment of higher grade ore and strong operational performance offsetting the planned end of operations in Venetia’s open pit. Production in Botswana increased
Diamonds worth Crores Stuck in US Labs
Mumbai: An unprecedented delay by US-based Gemological Institute of America (GIA) in certifying of polished diamonds is worrying diamantaires in Surat and Mumbai, who are now facing liquidity problems due to shortage of gems to sell in the market, reports The Times of India. The diamond sized below one carat (the most popular category) that are sent to Carlsbard and
GIA Team Uncovers Gemstone Treasures in Brazil
Brasilia: Field researchers from the Gemological Institute of America (GIA) journeyed to gemstone mining areas in Brazil from March 31 to April 17 this year, gathering information on the current state of coloured stone mines in the region. Focusing specifically on emerald and tourmaline, the research team had the opportunity to visited Minas Gerais, Rio Grande do Norte and Paraiba
GJEPC Welcomes Export Promotion Mission, SEZ Revival
Mumbai:Announcing the reforms and budget for 2014-15, the Finance Minister, Mr. Arun Jaitley has maintained the populist front, announcing various small measures and state level schemes however none of them promise any major impact on the gem & jewelry sector, the Gem & Jewellery Export Promotion Council (GJEPC) has said in an official statement. “The industry is happy that our
GJF Expresses Deep Anguish over Union Budget
Mumbai: Indian gems and jewellery Industry is extremely disappointed with the Union Government Budget Proposals as the finance ministry did not consider their plea of reducing the import duty component on gold and also abolish the stringent 80:20 norms. “The union finance minister Mr. Arun Jaitley has ignored the plight of the trade in spite of several representation and meetings
