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
Lily James is the New Ambassador of NDC
Mumbai: The Natural Diamond Council (NDC) announces the imminent launch of its global advertising campaign with the sentiment: “To Treasure, Now and Forever” featuring the freshly appointed British actor, Lily James to Global Ambassador. Ms. James has had a diversified, international acting career and has won many hearts with her starring roles in Cinderella and Downton Abbey. She is a
Platinum Jewellery Sales Rise in Key Markets
Hong Kong: In the latest Platinum Jewellery Business Review (PJBR) Q2 2022, Platinum Guild International (PGI) reports a continued recovery in platinum jewellery sales in India, Japan and the United States in the second quarter of 2022, despite the lingering effects of the pandemic and rising inflation. In part, the upswing has been fuelled by a series of marketing programmes
GJEPC Held 6th India Rough Gemstone Sourcing Show
Jaipur: The 6th edition of the India Rough Gemstone Sourcing Show (IRGSS), organised by GJEPC, was inaugurated in Jaipur on 31st August 2022 by Sugrive Meena, Commissioner of Customs, Jaipur. The three-week-long exhibition ends on 20th September 2022. It features an assortment of rough emeralds displayed by the Gemfields-owned Kagem Mining Limited, Zamiba. Vipul Shah, Chairman, GJEPC, said, “First held
Bhoomi Poojan of Mega CFC at SEEPZ
Mumbai: Boomi Poojan of the state-of-the-art Mega Common Facility Centre (CFC) at SEEPZ was held in the presence of Mr. Piyush Goyal, Hon’ble Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Government of India, who attended the event virtually; Mr. Shyam Jagannathan, Zonal Development Commissioner, SEEPZ, Mumbai; Mr. C.P Singh Chauhan, Joint Development Commissioner,
WFDB Supports United Industry Position on Tariffs
Antwerp: The World Federation of Diamond Bourses (WFDB) announced recently that it stands united with the industry-wide position to request that the US Government grant a tariff exemption for natural diamond imports. The WFDB supports the statement released by the World Diamond Council (WDC) yesterday, which advocates for an industry-wide strategic exemption for natural diamonds. The WDC statement has been
India UK Sign Free Trade Agreement
Mumbai: India and the United Kingdom (UK) sorted out major differences during the latest round of talks in April end at London and announced yesterday the conclusion of the long-awaited Free Trade Agreement. Amid fears of potential fresh tariffs under US President Donald Trump and a renewed global push for deal-making, the UK trade agreement is the first among many India is
Diavik Gets TSM Excellence Award
Perth: Rio Tinto’s Diavik diamond mine has been awarded the Towards Sustainable Mining (TSM) Environmental Excellence Award for its solar power plant, the largest off-grid solar installation in Canada’s territories. Activated in July last year, the 3.5-MW facility features 6 620 bi-facial panels and is designed to meet up to 25% of the site’s power needs during closure, which is
Jewellery Industry Unites to Protect Consumer Confidence
Milan: In a landmark move for the jewellery sector, the World Jewellery Confederation (CIBJO) has launched a four-month public consultation for The Blue List: The Responsible Jewellery Supply Chain Lexicon. This initiative marks the culmination of a collaborative effort spanning more than three years to establish a globally harmonized glossary of responsible sourcing and sustainability terminology for the jewellery, gemstone
