We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Top News
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
Choose from Platinum Love Bands that Reflect Modern Love
Mumbai: As the summer approaches, it rings in the summer wedding season as couples commit to the love they share. It’s a time when two individuals commit to each other, having gone through a journey of finding each other and discovering what makes their relationship special. Relationships based on compassion, respect, equality, and friendship deserve a rare and precious metal
GII Celebrates 52nd Anniversary
Mumbai: The Gemmological Institute of India (GII) has completed its 52nd year on 12th April, 2023. It was celebrated on Saturday, 15 April, 2023 in the Convention hall, Bharat Diamond Bourse (BDB), BKC. All the trustees, important trade personalities of G&J industry, visiting faculty members of GII and GII employees attended. Mr. Anoop Mehta, Chairman, GII and President, BDB chaired
Tim Schlick Appointed CEO of PGI
Hong Kong: Tim Schlick has been appointed Chief Executive Officer of Platinum Guild International (PGI) after nine years with the organisation. He succeeds long serving CEO Huw Daniels, who retired as of April 4, 2024, transferring full responsibility for PGI to Mr. Schlick at that time. Having been a valued member of PGI since 2015, Mr. Schlick joined PGI as
Anglo Considers Sale of Diamond Unit De Beers
London: Anglo American has already been talking to potential buyers for De Beers, according to a report by the Wall Street Journal. It says the UK-based mining conglomerate has spoken in recent weeks to luxury houses and Gulf sovereign-wealth funds. A partnership between could emerge as the final buyer for its diamond business, according to unnamed sources. The news comes as
NDC Announces the Latest Jewellery Trends
Mumbai: The Natural Diamond Council (NDC) unveiled a fresh perspective on luxury with the announcement of the latest jewellery trends for 2024. While the word ‘Trend’ when applied to natural diamond jewellery is paradoxical due to its inherent timelessness, what remains true in fashion is the preference for every silhouette and style sees a cyclical pattern; what is in vogue
AEO Status Extended to Gem & Jewellery Sector
New Delhi: The Gem & Jewellery Export Promotion Council (GJEPC) has announced a significant milestone for the gem and jewellery industry in India. Following extensive efforts by the GJEPC in collaboration with the Ministry of Finance, the Authorized Economic Operator (AEO) status is now being extended to the gem and jewellery sector. The AEO programe was introduced as piolet project
