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 Launches First-of-its-Kind IJEX
Dubai: India and the United Arab Emirates celebrated the first anniversary of the Comprehensive Economic Partnership Agreement (CEPA). Commemorating the 1st year of India-UAE CEPA, apex trade body Gem & Jewellery Export Promotion Council (GJEPC) launched the first-of-its-kind India Jewellery Exposition Centre (IJEX), the 365-day exhibition platform in Dubai. His Excellency Mr. Juma Al Kait said, “Today as we celebrate
CIBJO Congress in Jaipur from Oct. 3-5, 2023
Milan: The World Jewellery Confederation (CIBJO) will hold its 2023 annual congress in Jaipur, in the Indian State of Rajasthan, from October 3 to October 5. Pre-congress meetings will be held on October 1 and 2. The 2023 Congress, which will take place at the Jaipur Exhibition and Congress Centre (JECC), is being hosted by the Gem & Jewellery Export
WFDB Enters into Partnership with NDC
Antwerp: The World Federation of Diamond Bourses (WFDB) has entered into a partnership with the Natural Diamond Council (NDC) to support the growth of the industry. WFDB will work together with the NDC to identify ways in which the values of natural diamonds can reach more consumers through the direct reach of the WFDB, its member bourses, and their individual
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:
GJEPC's Workshop on Octroi Refund Procedure
Mumbai: The Trade Policy department of GJEPC will be hosting a Workshop on April 7, 2015 to familiarize the trade with the new procedures for refund of octroi that have come into effect recently. Officials from the BMC’s Octroi department will make a presentation on the new online developments in the procedures related to e-filing. The presentation will be specifically
Zimbabwe’s Diamond Mining Cos Agree to Merge
Harare: Zimbabwe’s diamond industry will soon be controlled by one firm as top government officials behind the country’s major diamond mining companies have agreed to comply with a ruling that forces them to merge. According to The Herald, the move which aims to bring more transparency and accountability in the sector — would enable miners to extract kimberlite diamonds, which
SGE to Start Fixing Gold Price Denominated in Yuan
Shanghai: The Shanghai Gold Exchange (SGE) will try to start offering the renminbi-denominated gold-fixing price this year, as an alternative to the dollar-denominated gold-fixing in London. Xu Luode, head of SGE said that the bourse has been researching the pros and cons of the yuan-denominated gold-fixing price, and will strive to launch it by the end of this year as
HK, Thailand Ink Mou on Trade Promotion
Hong Kong: The Hong Kong Trade Development Council (HKTDC) and the Department of International Trade Promotion (DITP), Ministry of Commerce of Thailand signed a Memorandum of Understanding (MoU) at the HKTDC Hong Kong International Jewellery Show, as cited in JNA. The MoU aims at further promoting trade and strengthening economic partnership between Thailand and Hong Kong. It also aims at
