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 Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
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PGI Partners with Oxfam to Uplift Lives OF Workers
Mumbai: The COVID19 situation has caused unprecedented challenges in India as well as globally and has left many reeling from its impact. It has been particularly harsh on certain marginalized sections of our community such as the migrant workers. Taking a step towards helping the migrant workers, Platinum Guild India has joined hands with Oxfam India, launching the “Platinum Season of Hope”
Info Guide to Lab Grown Diamonds Published
New York: Gem and jewellery industry experts Mr. Dusan Simic and Mr. Branko Deljanin have completed the 3rd edition of their best-selling book Laboratory-Grown Diamonds – Information guide to HPHT and CVD-grown diamonds. Mr. Simic and Mr. Deljanin, diamond researchers with over 50 years combined experience in the trade, are internationally recognized as authorities on diamonds. They specialize in the
Industry Elects New AWDC Board Members
Antwerp: The Antwerp World Diamond Centre (AWDC) has announced the appointment of six new Board Members representing the trade on the Board of Directors. In the past two days, the Antwerp diamond community participated in Covid-19 safe elections at the AWDC’s building, choosing two representatives among their peers of small, medium-sized and large companies, as voters and candidates are divided
India Issues Notification about KP Certificates
Mumbai: The Directorate General of Foreign Trade (DGFT), Government of India, issued a notification dated 28th September permitting the amendment of technical nature, typographical errors or errors apparent on the face of records in KP Certificate based on SOP and validated by Gem & Jewellery Export Promotion Council (GJEPC). The amended policy condition shall also be applicable to pending imports of rough diamonds. Mr. Colin Shah,
Indias Silver Jewellery Exports Double
Mumbai: A shortage of gold as a raw material and the consequent decline in gold jewellery exports appears to have opened up new avenues of growth for silver jewellery in India, reports Mineweb. Indias silver jewellery exports rose 45.33% to $84.1 million in February 2014, and jumped 89% in the 11-month period to $1.35 billion, according to data from the Gem
AGL Celebrates Five Years under New Management
New York, 15th April: American Gemological Laboratories (AGL), a provider of high-quality gemstone analysis and reporting is celebrating its five-year anniversary under the stewardship of Christopher P. Smith. “Five years ago, AGL was re-privatized during one of the most difficult periods the US and world financial markets have experienced in recent decades. AGL, however, had a good reputation and we did
Gold Smuggling Arrests Jump 750% YoY in India
Mumbai, 14th April: While cases of gold smuggling in India have jumped 265% from 40 in 2012-13 to 146 in 2013-14, the number of people arrested has shot up by 750%, from 30 in 2012-13 to 255 in 2013-14, data from the Directorate of Revenue Intelligence shows, according to a report published in Mineweb. “Gold imports through the legal channel have
