We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
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Fancy Color Diamond Index Shows Overall Rise
Mumbai: Fancy Color Research Foundation (FCRF), a New York based non-profit organisation, said its Q2 2022 Fancy Color Diamond Index (FCDI) saw a price rise in all colours and sizes of fancy colour diamonds, with an average increase of 0.8%. This upward trend is apparent compared to other global indices, such as the Dow Jones -11.3%, the S&P -16.4%, gold
India International Bullion Exchange Launched
Gandhinagat: India’s Prime Minister Mr. Narendra Modi laid the foundation stone of the headquarters building of the International Financial Services Centres Authority (IFSCA) in GIFT City, Gandhinagar on 29th July. He also launched the India International Bullion Exchange (IIBX), India’s first International Bullion Exchange in GIFT-IFSC. Chief Minister of Gujarat Mr. Bhupendra Patel, Union Minister Mrs. Nirmala Sitharaman, Union and
Piyush Goyal Chairs SEEPZ CFC Progress Review Meet
Mumbai: India’s Minister of Commerce & Industry Mr. Piyush Goyal visited SEEPZ-SEZ in Mumbai on 30th July to review the progress of Mega Common Facility Centre (CFC). This was the minister’s second review meeting of the Mega CFC in the month of July 2022. “This modern infrastructure with focus on technology, trade and training will help transform India’s Gem &
Rare Tiny Diamonds Found in Australia
Perth: An extremely rare type of diamond has been discovered in Australia – but it will be of more interest to geologists than the gem industry, reports idexonline.com. The “metamorphic diamonds” are invisible to the naked eye and can only be viewed with a laser and a microscope. Researchers from James Cook University, in Queensland, found them in rocks along
QWEEN to Launch as India’s First Self-Discovery Experiential Jewellery Brand
Bangalore: QWEEN, India’s First Self-Discovery experiential jewellery brand, was originally launched as a bootstrapped venture by Amit Kumar and Suyash Motarwar, born from a shared vision to reimagine how modern Indian women discover and experience fine jewellery. The founders later secured seed funding from Japanese luxury jeweller Kashikey Co. Ltd., enabling early product development and the foundational phase of brand
Wesley Tucker to step down as CEO of Tracr
De Beers Group has announced that Wesley Tucker will step down from his role as Chief Executive Officer of Tracr and leave the business at the end of February 2026. Wesley joined De Beers Group in April 2021 as Head of Digital Transformation before taking on the role of CEO of Tracr, the blockchain technology platform and diamond traceability business
GJC Requests Formation of Gujarat State Level Vigilance Committee
Ahmedabad: The All India Gem and Jewellery Domestic Council (GJC) yesterday informed that it had formally requested the Government of Gujarat to establish a State Level Vigilance Committee dedicated to protecting the interests of jewellers across the state. A high-level delegation from GJC, led by Chairman Mr. Rajesh Rokde, Vice Chairman Mr. Avinash Gupta, Director Mr. Salim Daginawala, ZCM Mr. Avi Shah,
Before You Buy Gold, Follow the Golden Rule
Mumbai: The Indian Association for Gold Excellence and Standards (IAGES), a Self-Regulatory Organization established by and for the Indian gold industry, has unveiled an exciting new campaign #PehlaCheckIAGES to elevate gold industry standards across the country. The IAGES framework of accreditation was formed with a vision to set the highest standards of integrity and excellence across the entire gold value
