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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
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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
India Gem and Jewellery Show 2025 from 4th
Mumbai: All India Gem and Jewellery Domestic Council (GJC), the apex industry body has announced the 7th edition of its flagship event, the India Gem and Jewellery Show (GJS), scheduled from 4th to 7th April 2025, at the Jio World Convention Centre in Mumbai. Also known as #HamaraApnaShow, the GJS has become a must-attend platform for driving future business growth
Rio Tinto Discovers Exceptional Yellow Diamond
Yellowknife: Rio Tinto has unearthed one of the largest gem-quality yellow diamonds ever discovered in Canada, from its Diavik Diamond Mine. The 158.20 carat rough diamond was discovered at Diavik located 200km south of the Arctic Circle in the remote Northwest Territories of Canada. It is one of only five yellow diamonds weighing more than 100 carats ever unearthed at
Men of Platinum Invites Fans to ‘HONOURTHE7’
Mumbai: As IPL 2025 electrifies cricket fans across the country, Men of Platinum unveils #HonourThe7, a powerful tribute to MS Dhoni, an icon whose resilience, leadership, and composure have defined an era. This fan-driven initiative transforms admiration into action, inviting Thala fans to express their love for their hero in a unique and meaningful way. Building on the Men of Platinum x MS Dhoni Signature Edition, the #HonourThe7 initiative invites fans
GJEPC Invites Participation in SAJEX 2025
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) invites international participation/countries/pavilions to be part of the B2B Saudi Arabia Jewellery Exposition i.e., SAJEX 2025, to be held at JEDDAH SUPERDOME from September 11–13, 2025. The exhibition is held in partnership with the Indian Consulate in Jeddah and the Ministry of Commerce and Industry, Govt. of India. SAJEX 2025 is
