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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Senco Gold Appoints Two New Brand Ambassadors
Kolkata: Senco Gold & Diamonds, one of the largest organised jewellery retail players of Eastern India today roped in renowned Bengali actress Madhumita Sarcar and the popular Assamese actress and dancer, Sunita Kaushik as its regional ambassadors. As part of its ‘Hyperlocal’ approach, Senco Gold and Diamonds has chosen renowned Bengali actress Madhumita Sarcar and popular Assamese actress and dancer, Sunita Kaushik as its
NDC, Condé Nast Traveller Launch Diamond Standard List
Mumbai: The Natural Diamond Council (NDC) in collaboration with Condé Nast Traveller has released The Diamond Standard List recognising the best jewellery brands in the Indian industry. A pioneering initiative, this special index curated by the editors is a part of the magazine’s revered Gold List 2022. Celebrating extraordinary craftsmanship and remarkable experiences, this list recognises jewellers who have set the
Narendra Modi to Receive Lata D. Mangeshkar Award
Mumbai: India’s Prime Minister Mr. Narendra Modi is set to be honoured with the first Lata Deenanath Mangeshkar Award at the 80th annual Master Deenanath Mangeshkar Awards ceremony on April 24. The award was instituted in the memory and honour of legendary singer Lata Mangeshkar who passed away at the age of 92 years in Mumbai earlier this year. The
US Expands Sanctions on Alrosa
Washington: The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) last week “designated Alrosa” with the aim of cutting off additional sources of support and revenue for the Russian Government to wage its unprovoked war against Ukraine. “These sanctions will continue to apply pressure to key entities that enable and fund Russia’s unprovoked war against Ukraine,” said
GemLead-A Landmark Collaboration between IIMA & GJC
Ahmedabad: The Indian Institute of Management Ahmedabad (IIMA), one of India’s premier management institutes, and the All India Gem and Jewellery Domestic Council (GJC), the country’s topmost jewellers’ representative body, yesterday begin a pioneering collaboration to launch “GemLead – Gems & Jewellery Executive Masterclass on Leadership, Excellence and Advanced Development.” This landmark initiative is designed exclusively for GJC members and
CIBJO Congress to be Held Under Patronage of France President
Milan: The Élysée Palace, the official seat of French head of state, has confirmed that the 2025 CIBJO Congress of the World Jewellery Confederation, which is scheduled to take place in Paris from October 27 to October 29, 2025, will be under the official patronage of Emmanuel Macron, the President of the Republic of France. The agreement of the French
1,800 Diamantaires Head to Antwerp for Auction
Antwerp: The Antwerp diamond district is notably busy this month, with eight diamond auctions taking place, including four running simultaneously during the first week of September. More than 1,800 diamantaires from all over the world are traveling to Antwerp to bid on 900 different parcels of rough diamonds. The Antwerp branch of diamond auction house Bonas is the only place
GJEPC Welcomes Drastic Reforms in GST
New Delhi: The Goods and Services Tax (GST) Council, in its 56th meeting yesterday, cleared the next-generation reforms under the eight-year old indirect tax regime. This effectively paves the way for a broad two-slab structure of 5 per cent and 18 per cent with a demerit rate of 40 per cent rate only for super luxury, sin and demerit goods.
