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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GJSCI-GJNRF Fund Training of 50 Microsetters
Mumbai: The pandemic has witnessed major migration of individuals who have been, some of the worst hit. There are innumerable stories that one would have come across during the last year and half. Most of the skilled artisans that are employed in the jewellery industry hail from states like West Bengal, Tamilnadu, Odisha, Rajasthan, etc. Due to uncertainty, these migrant
GJEPC Announces Theme for Artisans Awards 2022
Mumbai: After a successful edition of the Artisans Awards 2021, GJEPC announced its next at the IGJS 2021 in Dubai. The Collectors’ theme is further divided into 3 categories: Elizabeth Taylor, Barbara Hutton and Wallis Simpson The Gem & Jewellery Export Promotion Council (GJEPC) launched the theme of the 5th edition of Artisans Awards – “The Collectors” at a networking
Second Edition of the Season of Hope Launched
Mumbai: After the success of last year’s retail initiative ‘Season of Hope’, Platinum Guild India (PGI) has launched the second edition of the month-long initiative from 8th October 2021 – 7th November 2021. Platinum’s Season of Hope will spread out to 1370+ retailers across the country ushering in the all-important festive and wedding season. As consumers transition into the new
IGJS Kickstarted in Dubai
Dubai: India’s Gem & Jewellery Export Promotion Council (GJEPC) successfully kickstarted the International Gem & Jewellery Show (IGJS) 2021 in Dubai yesterday at the Grand Hyatt. It is the first ever gem and jewellery physical event hosted internationally, since the onset of pandemic. The show was inaugurated by His Excellency Pavan Kapoor, Ambassador of India to UAE along with Mr.
Russia's Rough Exports Increased by 21.5% in 1Q
Moscow: Russia’s natural rough diamond exports increased 21.5 percent on the year to 12.01 million carats in the period from January to March, the Finance Ministry said on Monday. Diamond imports dropped 2.6 times in carat terms to 8,040 carats. In monetary terms, Russia’s diamond exports rose 20.6 percent to $1.41 billion while imports halved to $16.5 million, PRIME reports.
Raise Import Payment Credit to 180 Days: GJEPC
New Delhi: With expectations running high from the first budget of the Narendra Modi government at the Centre, a delegation of diamond traders and representatives of Gems and Jewellery Export Promotion Council (GJEPC) today met the Union Finance Minister, Arun Jaitley in New Delhi demanding relaxation in various rules relating to gems and jewellery industry. However, gold importers may feel
Suresh Shah New VP of IDMA
Antwerp: With the wrap-up of the 36th World Diamond Congress, the International Diamond Manufacturers’ Association (IDMA) concluded its meetings with the election of its officers. Maxim Shkadov was unanimously re-elected for a second term as IDMA President and Ronnie VanderLinden and Stephane Fischler were re-elected as Secretary General and Treasurer, respectively. IDMA Vice President Edward Asscher, who was recently elected
Gold-Silver Price-Setting Methods May Change
London: The decades-old methods for determining the daily benchmark prices for gold and silver seem set to change—the result of unwelcome attention from regulators and class-action lawsuits. Currently, the price of both metals is set at a daily teleconference by a number of prominent multinational banks—four in the case of gold, and three in the case of silver. However, the
