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 Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
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"Diamonds Across Time" Book is Available Online!
London: “Diamonds Across Time,” the World Diamond Museum’s first book in the series of Facets of Mankind publications, is now available for purchase online. The book was compiled and edited by the World Diamond Museum’s chief curator and world renowned jewellery expert Dr. Usha R Balakrishnan. It includes 432 pages with 309 rich illustrations. She and nine other distinguished authors
J.A.D.E. by GJSCI Virtually Launched
Mumbai: J.A.D.E. (Jewellery Artificial Intelligence & Data-science Excellence) by Gems & Jewellery Skills Council of India (GJSCI) was launched in a virtual ceremony on 30th November 2020. The Chief Guest was Prof Chaudhuri (Director, IIT Bombay) and the Guest of Honor was Mr. Manish Kumar (MD & CEO, NSDC). JADE is a center of excellence for artificial intelligence focusing on
De Beers Announces Ambitious 2030 Goals
Mumbai:De Beers has announced 12 ambitious sustainability goals for the coming decade, including achieving gender parity throughout its workforce, supporting 10,000 women entrepreneurs in its diamond producing partner countries and being carbon neutral within its own operations by 2030. The 12 goals are part of De Beers’ Building Forever framework – a sustainability approach embedded in the business’s commercial strategy and focused on
Customs to Allow Shipments through Courier Mode
Mumbai: India’s Central Board of lndirect Taxes & Department of Revenue, Ministry of Finance, has clarified that gems and jewellery (G&J) exports from the country could now take place through the courier mode, acceding to this long-standing demand of the Gem & Jewellery Export Promotion Council (GJEPC) to make B2C, small-value, e-commerce exports economically viable. Mr. Colin Shah, Chairman, GJEPC
198 Carat Rough Found in Lesotho
Maseru: Africa has unearthed yet another eyebrow-raising mega-rock—this time a 198 ct. white type IIa diamond described as of “exceptional quality.” The stone was found at the Letšeng mine in Lesotho, said owner Gem Diamonds. The diamond “displays no fluorescence and is expected to achieve an exceptional price when sold this year,” the company said. Spokesperson Sherryn Tedder said she
Four Leaders Join Board of Directors of PDE
Panama: The Panama Diamond has announced that four key leaders of the international diamond and jewelry industries have joined the Board of Directors of the Panama Diamond Exchange. They are Roberto Coin, the world renowned Italian jewelry designer and manufacturer; Maxim Shkadov, President of the International Diamond Manufacturers Association; Shmuel Schnitzer, President of the Israel Diamond Exchange; and Reuven Kaufman,
India's Gold Jewellery Imports Jump 10% in Q1
Mumbai: India’s gold jewellery imports surged 10 per cent to Rs. 696.44 crore in the first quarter of this fiscal as high premium on the yellow metal following tough import norms forced traders to get finished jewellery from abroad, the Gems and Jewellery Export Promotion Council (GJEPC) has said. However, import of gold bars declined marginally by 3.32 per cent
More Than 200 Buyers Registered for Diamond Week
Ramat Gan: More than 200 foreign buyers are registered already for participation in the International Diamond Week (IDW) that will be held September 1-4 at the Israel Diamond Exchange (IDE). They will come face-to-face with more than 350 diamond firms which will exhibit their diamond stocks in the IDE’s trading hall. Since the IDW is a joint effort of the
