We Wish to Build Globally Relevant SKY Gold: Akash Talesara
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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
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De Beers Report Explores Opportunity in New Normal
Mumbai: De Beers Group yesterday released its 2020 Diamond Insight Report, collating key findings from the company’s consumer research undertaken during the Covid-19 pandemic and highlighting new and accelerated trends as consumers adapt to a new normal. Based on the outcomes of monthly sentiment surveys with US consumers from March to August, three clear findings emerged: consumers are adapting to the new
2nd VBSM For Coloured Gemstones Inaugurated
Mumbai: Encouraged by the previous three Virtual Buyer Seller Meet (VBSM) on diamonds, gold jewellery and emeralds, which were hugely successful, the Gem & Jewellery Export Promotion Council (GJEPC) inaugurated the fourth Virtual Buyer-Seller Meet (VBSM) for Coloured Gemstones (other than emeralds) on 9th November, 2020. A total of 10 exhibitors, eight from Jaipur and two from Delhi, are participating
International Jewellery & Diamond Conference
Antwerp: The International Jewellery & Diamond Conference 2020 – Guangzhou was jointly organized by Guangzhou Diamond Exchange and Guangdong Gems & Jade Exchange under the guidance of Panyu District People’s Government, Gems & Jewelry Trade Association of China, China Gold Association, and Guangdong Exchange Holding Group, with support from Shanghai Diamond Exchange and Jewellery Industry Alliance of the Guangdong-Hong Kong-Macao
GJEPC Launches Short Films to Boost Jewellery Demand
Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) continues to strive to strengthen the industry and boost demand for gem and jewellery. With the aim to help IIJS retailers reach out to their customers during this Dhanteras, GJEPC has introduced an exclusive series of 10 short promotional films. 5 films each on Gold and Diamond Jewellery based around different day-today situations emphasising
India not to Ask Nirav Modi About PNB Scam
London: Ahead of the extradition hearing of fugitive diamantaire Nirav Modi at Westminster Court, India has assured the United Kingdom that the Fugitive Economic Offender will not be “questioned” in connection with the $2 billion Punjab National Bank (PNB) fraud case. A written assurance or sovereign guarantee to this effect has been submitted to the UK authorities through the Crown
De Beers Launches Desert Diamonds Beacon
London: De Beers Group has announced the consumer launch of Desert diamonds, the first new ‘beacon’ it has developed in over a decade, supported by its largest category marketing investment in more than ten years. A De Beers beacon is a celebration of natural diamonds that is manifested through a jewelry concept designed to galvanize the industry around a central
Amit Pratihari Named MD, GIA India Laboratory
Mumbai: The board of directors of GIA India Laboratory Pvt. Ltd. (GIA India) has appointed Amit Pratihari as managing director, responsible for all aspects of GIA India’s gemological laboratories in Mumbai and Surat, as well as the GIA India school in Mumbai. Reporting to the board of directors of GIA India, he assumed his responsibilities on October 1. Amit’s deep experience
GJC Welcomes Formation of Dakshata Samiti
Mumbai: The All India Gem & Jewellery Domestic Council (GJC), the apex body representing over 600,000 jewellers across India, has welcomed the Maharashtra Government’s historic step of establishing a state-level ‘Dakshata Committee’ (Vigilance Committee) to ensure the safety and security of jewellers. For a long time, jewellers have faced harassment during investigations of theft and robbery cases involving gold and silver. In
