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
The WDM Releases its first Proprietary Publication
London: The World Diamond Museum (WDM) announced the publication of the museum’s first book in the series of Facets of Mankind publications, named “Diamonds Across Time.” The unveiling of the book coincides with the First Virtual World Diamond Congress that is held September 14-15. The book was compiled and edited by the World Diamond Museum’s chief curator and world renowned
YD Kicks-Off 1st Virtual World Diamond Congress
Antwerp: A lively meeting of the World Federation of Diamond Bourses (WFDB) Young Diamantaires (YD) group yesterday led the first day of meetings of the 39th World Diamond Congress. This was the first meeting of the YD held in the framework of a World Diamond Congress. The video meeting was attended by over one hundred YD members from around the
India's G&J Exports on Recovery Path
Mumbai: India’s gems and jewellery exports have shown signs of recovery and has registered at USD 1764.06 Million in August 2020, as compared to USD 36 Million in April 2020. The recovery is due to growth in demand for diamonds and jewellery in international markets like US, China, Europe etc. which have opened for trade. However, as compared with a
Surat Bounces back to Normalcy
Mumbai: Surat, the world’s leading cutting and polishing diamond manufacturing hub, is humming again. Despite the imposed restrictions due to the pandemic till sometime back, many leading manufacturers aren’t reporting any new Covid cases. Mr. Colin Shah, Chairman of India’s Gem and Jewellery Export Promotion Council (GJEPC) said, “Cut and polished diamonds are a major contributor to the overall India’s
Antwerp’s Rough Trade Still Thriving in August
Antwerp: This month’s rough trade in Antwerp outperformed that of August 2013, with increases in both import and export, continuing the positive trading streak of this year. Imports and exports of polished saw some adjustments due to the modest trading in the same month last year. Rough trading continued in a positive vein this month, further extending the robust figures
Antwerp to Hold 3rd Zimbabwe Diamond Auction
Harare: Zimbabwe is holding its third 10- day diamond auction at Antwerp until later this month with approximately 500,000 carats of diamonds expected to go under the hammer, a facilitating company has said. The auction is the country’s fifth since it started auctioning its rough diamonds on the international market in December last year. Zimbabwe held its first diamond auction
DDC to Host Third Edition of IDW in New York
Ramat Gan: The Israel Diamond Exchange (IDE) and the Diamond Dealers Club of New York (DDC) will hold the third edition of the Israel Diamond Week in New York November 10-13, 2014, on the trading floor of the Diamond Dealers Club of New York, which is located on 580 Fifth Avenue in midtown Manhattan. The annual event is a joint
KP Commission to Strengthen Diamond Industry
Luanda: The Kimberly Process Commission will strengthen the diamond industry in 2015 and face with more responsibility the challenge of sustainability in favour of the future generations. This was announced Thursday in Luanda by Kimberly Process Certification System official, Estanislau Buio. The official was speaking about Angola’s presidency of the Kimberly Process, during the 3rd Consultative Council of the Ministry
