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Israel’s Diamond Industry Under Severe Pressure
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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
PGI Showcases Platinum Bands for Valentines Day
Mumbai: Platinum Days of Love by Platinum Guild India (PGI) showcases exquisitely crafted Platinum Love Bands as a fitting tribute to growing #StrongerInLove this Valentine’s Day! To couples who have displayed values of strength, resilience, patience, and optimism through a tough whirlwind of a year. Each set of love bands pays an ode to the unique journey of the one who adorns it. While
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
Purple-Pink Diamond May Set New Record
Hong Kong: Auctioneer Sotheby’s will put an 8.41-carat pear-shaped internally flawless fancy vivid purple-pink diamond on the block in Hong Kong on October 7, with a pre-sale estimate of $12.8 million to $15.4 million. If the diamond is sold at the top of the estimate range, it will become one of the top three pink stones ever sold at auction
HRD Antwerp Launches 16th Edition of HRD Awards
Antwerp: HRD Antwerp has announced the launch of the 16th edition of the HRD Awards, the world’s leading design contest in creative and innovative diamond jewellery. The HRD Awards will be held within the framework of the World Expo Milano which will run from May 1st to October 31, 2015. The theme of the 2015 HRD Awards will be “A
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
