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
World Diamond Museum Establishes in Monaco
London: The World Diamond Museum reached a significant milestone upon receiving a permit from the Ministry of State of the Principality of Monaco to establish itself in Monaco. The statement reads: “The World Diamond Museum aims to be a dynamic, independent association, accessible to all, exercising its activities mainly in the Principality of Monaco. Its chief objective is to create,
Ghaghoo Diamond Mine Faces Closure
Gaborone: Gem Diamonds has failed to find a buyer for its Ghaghoo Diamond Mine in Botswana’s Central Kalahari Game Reserve (CKGR), which had been on care and maintenance since February 2017. Mmegi reports that the diamond miner, which is currently focused on its Lesotho operations, is now considering a final closure of the Botswana operation. It had prioritised a sale
3rd 'India Gem and Jewellery Show’ from 7th April
Mumbai: All India Gem and Jewellery Domestic Council (GJC), the premier industry body catering to around 300,000 Indian jewellers and the allied industry value chain, is looking forward to the 3rd edition of GJS – India Gem & Jewellery Show scheduled from 7th to 10th April 2023 at Bombay Exhibition Centre (NESCO), Mumbai. GJS will comprise the top-of-the-line manufacturers/wholesalers of
4th Bharat Diamond Week from 6th April
Mumbai: The fourth edition of the Bharat Diamond Week, popularly known as BDW will be held between 6th to 8th April, 2023 at the sprawling Bharat Diamond Bourse (BDB) Complex Mumbai. After a hiatus due to travel restrictions and other factors affecting free trade, Bharat Diamond Bourse decided to open this important “ONLY DIAMOND” show this year promising over 125
'Presidents Forum' Formed
Antwerp: The heads of the jewellery and diamond industry’s four leading international representative bodies have agreed on Tuesday to establish “The Presidents Forum,” which is a joint consultative committee with its members being the presidents of each organization. Together they will discuss and formulate coordinated strategies and policies for the industry on important issues of common interest. Hosted by Dr.
First Texas-Israel Diamond Show in September
Ramat Gan: This fall strategic cooperation between the Texas Jewelers Association (TJA) and the Israel Diamond Institute (IDI) will produce the first Texas-Israel Diamond Show in San Antonio from September 29 – 30, 2014. This is the first time that jewelers in Texas and surrounding states will be offered the opportunity to buy diamonds directly from the source. The unique
India Hikes Import Tariff Value on Gold, Silver
New Delhi: The Indian government yesterday hiked import tariff value on gold and silver to USD 411 per 10 grams and USD 632 per kg as global prices have increased in the wake of escalating violence in Iraq. In the first fortnight of this month, tariff value on imported gold stood at USD 408 per 10 grams and silver at
De Beers June Sight Estimated at $640M
Gaborone: The De Beers June sight closed with an estimated value of $640 million as demand for rough diamonds remained firm. Prices and assortments were largely unchanged from the previous sight, although sightholders reported minor price adjustments on select boxes. There was ex-plan supplied – rough in excess of sightholders’ initial application for goods – as demand rose during sight
