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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Rio Tinto Diamonds Dazzle in Rough Diamond Tender
Perth: A selection of the finest rough diamonds from Rio Tinto’s Canadian and Australian mines will be tendered to diamond specialists from around the world in October and November. Headlining Rio Tinto’s forthcoming “Specials” Tender, which showcases rough diamonds greater than 10.8 carats, is Lot number 1, Diavik Helios, a 74.48 carat Fancy yellow diamond. The Diavik Helios takes its
AG&J Responds to GIA Decision to Grade LGD
New York: Analytical Gemology and Jewelry head Mr. Dusan Simic has launched a response to the decision of the GIA to grade laboratory-grown diamonds in what he calls a standardized fashion. “It is also unfortunate that the GIA only made its decision regarding LGDs after the recent publication of the third edition of Laboratory-Grown Diamonds – Information guide to HPHT
Forevermark Launches 3 Stores with Fortofino
Mumbai: Forevermark, the diamond brand from the De Beers Group launched three more doors in partnership with Fortofino in North India this week. The brand saw the opening of the 8th Forevermark Boutique in Ludhiana as well as the launch at the Fortofino stores in the city of Jammu and Ambala. This is the second store in Jammu after the success
DITP to Host Full Scale of Virtual Jewellery Fair in Asia
Bangkok: The Department of International Trade Promotion (DITP) will organise “BGJF Special Edition – On Ground to Online Exhibition”, a fully online gems and jewellery exhibition via www.bkkgems-vts.com on 2-4 November 2020. This innovative online jewellery fair will replace the 66th Bangkok Gems & Jewelry Fair, which the DITP has now postponed until 23-27 February 2021. The Physical fair will
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
Diamond Mfrg. Industry Fighting for Survival: IDMA
Antwerp: “Diamond manufacturers worldwide are fighting for their survival. They are caught between – and battered by – the proverbial hammer, a rough diamond supply system that is foul and faulty – and the anvil, a vertically integrated financial structure that basically continues to bleed them,” Maxim Shkadov, president of the International Diamond Manufacturers Association (IDMA), the representative body of
Gold Prices Unlikely to Settle due to Iraq Tensions
Mumbai: With the turmoil in Ukraine almost gone from the headlines, gold’s status as a hard asset and storer of wealth in times of trouble lost some of its shine. But as Iraq spirals into all-out war and the US looks in danger of being pulled back into a conflict it has spent the last six years extricating itself from,
122.52 Carat Blue Diamond Found at Cullinan
Johannesburg: In what is shaping up to be one of most the amazing diamond finds in recent times, a 122.52 ct. blue diamond—the size of a walnut—has been discovered at the Cullinan mine in South Africa, said mine owner Petra Diamonds. Blue diamonds are ultrarare, as are stones weighing more than 100 cts.—making this, as Petra puts it, a “truly
