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
Consumer Trends & Industry Innovation by Paola
Mumbai: In one of the most riveting Knowledge Forum series organised by the GJEPC during IIJS Virtual 2.0, Paola de Luca, the founder of The Futurist Ltd, threw light on Consumer Trends & Industry Innovation, a relevant theme for our industry today. The session was hosted by Dolly Choudhary, Director, Promotions, Marketing & Business Development, GJEPC. Paola stressed upon the fact
No New Burden on G&J Industry Under PMLA
Mumbai: The gem and jewellery trade may have collectively heaved a sigh of relief as Rohan Shah, one of the nation’s foremost legal minds, shed light on the impact of the 28th December, 2020 notification that brought the gems and jewellery sector under the ambit of the Prevention of Money Laundering Act (PMLA). In conversation with Mr. Colin Shah, Chairman
IIJS Virtual 2 by GJEPC Inaugurated
250+ exhibitors and 8000+ registered buyers visiting the show. More than 15,000 meetings booked Dedicated 5 Halls each for Traditional Gold Jewellery; Gold Jewellery (Mass); Diamond/Colour Gemstone Jewellery; Couture/Bridal Jewellery; Loose colour Gemstone/Silver jewellery / Machinery & Allied. Mumbai: After the success of the first edition of India International Jewellery Show (IIJS) Virtual in October 2020, the Gem and Jewellery
Ashish Pethe is Chairman, Saiyam Mehra VC of GJC
Mumbai: The All India Gem & Jewellery Domestic Council (GJC), the national apex body of the gems and jewellery industry has appointed Mr. Ashish Pethe as Chairman and Mr. Saiyam Mehra as its Vice Chairman for a period of two years. The list of other newly elected directors of GJC has been uploaded on the company website www.gjc.org.in Mr. Ashish Pethe has been closely associated with
De Beers June Sight Estimated at $640M
Gaborone: The De Beers June sight closed with an estimated value of $640 million as demand for rough diamonds remained firm. Prices and assortments were largely unchanged from the previous sight, although sightholders reported minor price adjustments on select boxes. There was ex-plan supplied – rough in excess of sightholders’ initial application for goods – as demand rose during sight
Zimbabwe's Proposed Marange Restructuring Stalled
Harare: Marange diamond miner Anjin Investments Ltd. has reportedly stalled the Zimbabwe government’s intended consolidation of Marange diamond companies. As of last week, Anjin’s top management, which recently visited Zimbabwe from China, was yet to meet with officials from the mines ministry to finalize evaluations of company’s operations. The ministry had originally projected briefing Anjin chairperson Jiang Qingder on the
Belgian Politician Warns Against Diamond Sanctions
Antwerp: The 36th World Diamond Congress (WDC) has opened in Antwerp, with Minister-President of Flanders, Kris Peeters, warning of the “catastrophic” impact that sanctions relating to the diamond industry could have. The Congress is the bi-annual meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA). Talking of the huge role of the diamond
WFDB Accepts Canada and S. Korea as New Members
Antwerp: The World Federation of Diamond Bourses (WFDB) has accepted the applications for membership of two bourses – the Canada Diamond Bourse and the South Korean diamond exchange. WFDB members approved the applications at the 36th World Diamond Congress in Antwerp which opened yesterday. The Congress is the bi-annual meeting of WFDB and the International Diamond Manufacturers Association (IDMA). The
