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
GJEPC Organises India Rough Gemstone Sourcing Show
Jaipur: Gem & Jewellery Export Promotion Council (GJEPC), the apex body of Gems & Jewellery trade in India, inaugurated the India Rough Gemstones Sourcing Show 2021 (IRGSS 2021) in the presence of Mr. S. C. Agrawal, Commissioner of Customs, Jaipur along with GJEPC Regional Chairman (Rajasthan Region) Mr. Nirmal Kumar Bardiya, and CoA members Mr. Vijay Kedia, Mr. Ram Babu
Global LGD Output to Touch 19.2 mln. Carats by 2030
Mumbai: India is set to become a major hub for production as well as processing of laboratory-grown diamonds (LGDs). Thanks to technological breakthroughs, cost-efficient production of gem-quality stones and growing consumer awareness of synthetic diamonds, India’s LGD output is estimated to have reached 1.5 million carats in 2020, according to a report by consulting firm Bain & Co. India accounts
Kalyan Jewellers India Ltd. IPO to Open on 16th March
Mumbai: Kalyan Jewellers India Limited, one of the largest jewellery companies in India based on revenue as of March 31, 2020, according to the Technopak Report, will open the initial public offer of equity shares of face value of ₹10 each on March 16, 2021. The Offer will close on March 18, 2021. The Price Band of the Offer has been fixed at ₹86 to ₹87 per Equity
CIBJO Launches New Informational Website
Milan: CIBJO has launched a new informational website, called “What is a Diamond?” Its purpose is to inform consumers and members of the jewellery and gemstone industry about the precise terminology that should be used to describe both natural diamonds and man-made diamonds. Located on the web at www.whatisadiamond.org, the new website is an initiative of CIBJO’s Diamond Commission, and
Global Rough Prices Up by 6-7% in 2014
Moscow: Since the beginning of 2014 till the end of the first half rough diamond prices rose by an average of 6-7% at the global market. This estimate is stipulated in the recent report of ALROSA for the second quarter, cited by Finmarket.ru. Majority of market players have observed the negative trend shifted to stabilization or growth of prices in
De Beers to Accept Registration of Interest for New Sightholders
Gaborone: The De Beers Group of Companies today confirmed that it will accept registrations of interest for its 2015-2018 Global Sightholder Sales contractual period from 25th–29th August, 2014. Any diamond businesses interested in applying for supply from the start of the new contractual period will need a Key Individual from their Group to register at www.debeerssightholder.com/apply between these dates. General
FACETS 2014 Opens on September 4th
Colombo: FACETS Sri Lanka 2014, the 24th International Gem & Jewellery Show will be held from 4th – 7th September 2014 at the he BMICH Exhibition and Convention Centre in Colombo. FACETS Sri Lanka, held since 1991 with state and private sector patronage, will showcase a wide variety of sapphires and gemstones from producers and wholesalers from all the main
New UK Guidelines to Boost Ethical Sourcing of Jewellery
London: New guidelines in the UK are set to help boost ethical sourcing of jewellery. The recommendations from the government are to make retailers and producers aware of human rights abuses that take place in their supply chains. Gold, diamonds and other precious stones and metals are often sourced from areas in Africa and South America where labourers face appalling
