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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Khimji Jewels Ventures into E-Commerce Market
Mumbai: Khimji Jewels has ventured into the online ecosystem with the launch of its new and intuitively responsive e-commerce platform – khimjijewels.com. A leading and highly trusted name in the gold jewellery and precious stone segment and with a legacy of over 84 years, the brand is now offering an online jewellery buying experience for buyers across India through the
JNA Awards Rebranded as Jewellery World Awards
Hong Kong: The JNA Awards will take on a new positioning starting 2021, as Jewellery World Awards (JWA) to reflect its global outlook and fulfil the need for a platform to celebrate the achievements and successes in the international jewellery and gemstone arena. After almost a decade of focusing on the accomplishments within the Asia region, the Awards continues to
GJEPC Inaugurated its First Ever e-IGJS
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in its initiative to boost export business and to revive the market sentiments post Covid, inaugurated the first ever International Gem & Jewellery Show (e-IGJS) in the presence of Chief Guest Mr. Hardeep Singh Puri, Hon’ble Minister of State for Commerce and Industry, and Guest of Honour Mr. Suresh Kumar, Joint
Forevermark's Spring Summer Trend Report for 2021
Mumbai: Forevermark the diamond brand from the De Beers Group recently unveiled its Spring Summer Trend Report for 2021. Developed at Forevermark’s Design and Innovation Centre in Milan, the key themes have been identified to inspire and shape desire for jewellery featuring natural diamonds for the Spring Summer 2021. As the consumer landscape has undergone significant change, a desire to
CIBJO and Fairtrade International Sign MOU
Moscow, 23rd May: CIBJO and Fairtrade International have signed a Memorandum of Understanding according to which Fairtrade commits to working with CIBJO and its member organizations to improving certified Fairtrade gold supplies to the jewellery markets and members of CIBJO-associated organisations, and CIBJO commits to facilitating and encouraging its members to adopt and integrate fairtrade gold and metals into their
RBI Allows Private Agencies to Import Gold
Mumbai: The Reserve Bank of India (RBI) yesterday eased tough gold import rules by permitting seven more private agencies to import the yellow metal. It is a measure that industry officials say could increase supplies and reduce premiums in the peak wedding season. Gold imports by India, the world’s No. 2 bullion consumer after China, could quickly rise from current
GJEPC Flays Surat Diamantaires on Bourse Plan
Mumbai, 22nd May: The Gems and Jewellery Export Promotion Council (GJEPC), of India has criticized the move by some diamantaires in Surat to shift their Mumbai operations to the proposed Surat Diamond Bourse (SDB) in Surat, reports The Times of India. GJEPC chairman Vipul Shah said, “It is not the prerogative of 50 diamantaires to decide and win over others
India Raises Import Tariff Value of Gold, Silver
Mumbai: India has raised its import tariff value of gold and silver on Wednesday. Indian government has trimmed its import tariff value of gold from $421 per ten grams to $431 per 10 grams and silver from $644 per kilo gram to $ 646 per kilo gram, said the ministry of finance. Import tariff value is the base price on which
