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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Guide for Classifying Natural & Cultured Pearls
Milan: CIBJO’s Pearl Commission has released the first edition of the CIBJO Guide for Classifying Natural Pearls and Cultured Pearls. The 62-page illustrated document provides an overarching view of natural and cultured pearls, from both seawater and freshwater sources, and highlights the important parameters by which their appearance can be described and assessed in terms of physical dimensions and quality. It is
Rajesh Exports Reported Robust Growth
Bengaluru (By Evaluate Research): Rajesh Exports has reported robust growth in net profit, much ahead of our expectations, on a sequential QoQ basis, despite a global economic slowdown and a higher gold price, indicating business performance is surely recovering. Net profit for the fiscal third quarter [ended December] came in at Rs.2276 mn, up 32% on a sequential QoQ basis. The
Minor Decrease in Fancy Color Diamond Prices
New York: The Fancy Color Research Foundation (FCRF) recently announced the Fancy Color Diamond INDEX results for Q4 and a summary of 2020. Q4 Results: PinkThe prices of all Pink diamonds overall remained without a change in Q4 2020, with Fancy and Fancy Intense categories presenting a slight increase. The 1.00-1.49 and 2.00 to 2.99 carats segments presented an increase of 0.4% and 0.6% respectively, with the
India's G&J Exports Fell 37% in Apr-Jan: GJEPC
Mumbai: India’s gems and jewellery (G&J) exports dipped 7.8 per cent in January to USD 2.7 billion as against $2.9 billion a year ago, according to data provided by the Gem Jewellery Export Promotion Council (GJEPC). During April-January 2021, exports declined about 37 per cent to $19.24 billion as compared with $30.52 billion during the 10 months of 2019-20, the
India-US Reach Framework for an Interim Agreement
Mumbai: India’s gem& jewellery (G&J) industry is elated by the announcement of zero-duty access for diamonds and coloured gemstones to the US under the Interim Agreement framework — a decisive turning point that breathes new life into the sector. The diamond sector had taken a severe hit over the past year, with India’s cut and polished diamond exports to the
De Beers Declares 35% Fall in Diamond Production
Mumbai: De Beers Group has reported a big fall of 35% in diamond production for Q4 of 2025, mainly due to maintenance shutdowns at its Jwaneng and Orapa mines. In its Q4 report for the year, the diamond mining major revealed it recovered 3.78 million carats between October and December, down from 5.83 million carats during the same period in
Maryam Al Hashemi to Steer KP Committee on Participation & Chairmanship
Dubai: DMCC confirmed that Maryam Al Hashemi, Senior Director of Precious Stones and Metals at DMCC and the UAE KP Director, has been appointed Chair of the Kimberley Process (KP) Committee on Participation and Chairmanship (CPC). The CPC is a vital body within the Kimberley Process, responsible for evaluating new participants, reviewing compliance matters, and assessing Vice-Chair candidates. Its recommendations
MS Dhoni Reveals His Most Cherished Platinum Moments
Mumbai: Men of Platinum, the men’s jewellery brand from Platinum Guild International (PGI) India, brought its highly anticipated #MomentWithMahi campaign to a thrilling close with an exclusive fan meet-and-greet with MS Dhoni at the iconic Taj Lands End, Mumbai. This one-of-a-kind experience was the culmination of the brand’s festive purchase programme — a rare reward for select consumers who purchased
