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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
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
49th IGJA Function Held Successfully by GJEPC
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) organized the 49th edition of the India Gem & Jewellery Awards (IGJA) in Mumbai. The Chief Guest Mr. Piyush Goyal, Hon’ble Minister for Commerce & Industry, Consumer Affairs, Food & Public Distribution & Textiles, Government of India, felicitated 27 top Gem & Jewellery exporters during the award ceremony. The 49th edition
Akshaya Tritiya: Jewellers Expect Pick up in Sales
Mumbai: The recent softening of the gold price has supported demand for the yellow metal on the auspicious day of Akshaya Tritiya and jewellers have been witnessing steady footfalls since morning. Mr. Saiyam Mehra the Chairman of All India Gem and Jewellery Domestic Council (GJC) said, “The 2023 Akshaya Tritiya was exceptional for jewellery retailers and consumers. Despite high prices,
NDC Report Clears Misconceptions about Diamonds
Mumbai: Natural Diamond Council (NDC), the authoritative resource on natural diamonds, has released its 2023 analytical report entitled, Diamond Facts: Addressing myths and misconceptions about the diamond industry. Through this report, the NDC has set out to address misinformation about both natural diamonds and their synthetic counterparts. “In an age where consumers are more inquisitive and enlightened than ever, they
PGI Collaborates with ESPNcricinfo for World Cup
Mumbai: The Cricket World Cup, officially known as ICC Men’s Cricket World Cup, is a grand celebration of sportsmanship and exceptional performance. For ardent cricket fans, it’s a spectacular event, and brands eagerly leverage it to enhance their visibility and significance. As a prelude to this high-octane cricket season, this year Platinum Guild International (PGI) – India’s Men of Platinum
Exciting Themes for Artisan Awards 2024
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has unveiled two exciting and unconventional themes for the 7th edition of The Artisan Awards 2024: ‘Unusual Materials’ and ‘Objet Trouvé.’ These innovative themes promise to redefine artistic expression and inspire designers to think out-of-the-box and blend alternative and precious aspects to create avant-garde fine jewellery. The first theme, ‘Objet Trouvé’
David Prager is New Chairman of NDC
Mumbai: Stephen Lussier, the longest serving member of the Natural Diamond Council’s Board of Directors, has announced that he will be retiring from his roles as Chair and Board Member. David Prager, Chief Brand Officer at De Beers and active NDC board member since 2022, will replace him as Chair.Lussier played an instrumental role in bringing together competitors from the mining sector to invest in
GJC Launches ‘India Jewellery Shopping’ Festival
New Delhi: All India Gem and Jewellery Domestic Council (GJC), the apex trade body that unites jewellery manufacturers, wholesalers, retailers, and exporters, announced the launch of Jewellery Shopping Festival (IJSF) in Delhi today. The launch will be held across the country in 300 cities from 15th October to 22nd November. Divine Solitaires is Powered by sponsor for this event. Mr. Nitin Gadkari, Minster of Roads & Highway Transport graced the event with his presence. The festival will offer benefits to both the B2B and the B2C segment wherein business owners can be
