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
Rajesh Exports Registers Record High Sales
Bengaluru: (By Evaluate Research) : Rajesh Exports reported stellar results, ahead of our expectations, both in terms of revenues as well as profits, for the fiscal third quarter [ended December]. The performance continues to beat expectations as growth in the previous quarter was also solid. Revenue increased significantly by 45% YoY to a record high level of Rs.945 bn vs.
"WFDB & IDMA Represent 2 sides of the Same Coin"
Antwerp: Following the announcement of February 15, i.e., that the International Diamond Manufacturers Association (IDMA) will hold its 40th Congress separately from its sister organization, the World Diamond Federation of Diamond Bourses (WFDB), IDMA President Ronnie VanderLinden issued the following short clarification. “For almost seven decades, IDMA and our sister organization, the World Diamond Federation of Diamond Bourses (WFDB), have
PGI Launches New “Committolove” Campaign
Mumbai: This Valentine’s Day, Platinum Love Bands launched the second leg of its #Committolove campaign, celebrating modern-day love and relationships. The brand’s holistic influencer strategy takes forward its compelling narrative, by thoughtfully weaving it into each collaboration. Along with a content partnership with India’s leading lifestyle publication, Femina, Platinum Love Bands has also associated with relevant influencer couples who resonate
IDMA to Hold 40th Congress from March 28-30
Antwerp: “The International Diamond Manufacturers Association (IDMA) announced it will hold its 40th Congress March 28-30, at the beachside Tel Aviv Carlton hotel in Israel. Contrary to earlier World Diamond Congresses, IDMA and its sister organization, the World Diamond Federation of Diamond Bourses (WFDB), will not hold what was to be the 40th edition of the World Diamond Congress together.
Narendra Modi, Vipul Shah Named Most Influential People in Diamond Industry
Mumbai: The world’s most influential and most read diamond-focussed publication ‘Rapaport’ named Hon. Prime Minister of India Mr. Narendra Modi among the movers and shakers of the global diamond industry in the year 2023. Other members including Mr. Vipul Shah, Chairman of Gem & Jewellery Export Promotion Council (GJEPC); Gina Drosos, CEO, Signet Jewelers; Feriel Zerouki, president, World Diamond Council
Mah. Minister to Inaugurate IIJS Signature
Mumbai: In a major boost for the jewellery industry, Mr. Uday Samant, the honourable Minister for Industries, Government of Maharashtra, has confirmed his participation as the Guest of Honour for the inauguration of IIJS Signature 2024 on 5th January 2024 at Bombay Exhibition Centre (BEC). The announcement was made after a productive meeting between Mr. Samant and the representatives of
Statement by IDMA: Leave No One behind!
Antwerp: “At this pivotal moment for the global diamond industry, it is vital that we protect the lives and livelihoods of all those employed in the mining and manufacturing of diamonds,” IDMA President Ronnie VanderLinden said. “We are pleased that the G7 will seek further engagement with diamond industry organizations such as the World Diamond Council (WDC) and IDMA, to
De Beers Rough Sales Rise to $130 Million
Gaborone: De Beers said its rough diamond sales for the tenth and final cycle of 2023 showed a sharp decline from the previous year. According to the company, the provisional sales value for the period between 9th November and 19th December was $130 million. This is a 69% drop from the $417 million recorded in the same cycle of 2022,
