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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CIBJO's 2nd Webinar Series Kicks off from Sep 3
Milan: Season 2 of CIBJO’s popular webinar series will kick off on Thursday, September 3, 2020, with a panel of retail jewellery trade experts, who together will consider one of the most vexing challenges facing their sector in living memory – how to plan and prepare for the upcoming holiday seasons in the midst of a global pandemic. Traditionally, the
EL not Applicable on e-trade of Rough Diamonds
Mumbai: A delegation of India’s Gem and Jewellery Export Promotion Council (GJEPC) led by Mr. Colin Shah, Chairman, GJEPC, met Finance Minister Mrs. Nirmala Sitharaman on 26th August, in New Delhi, to raise concerns and implications arising on the diamond segment due to expansion of Scope of Equalisation Levy (EL). In a relief to the industry, the Finance Minister clarified
Indian Diamond Companies Cease Rough Imports
Mumbai: India being the global leader in diamonds, it produces 14 out of 15 diamonds set in jewellery worldwide and polishes one billion stones each year. In FY 2019, India’s major export markets for cut & polished diamonds were USA ($6,960.09 million), Hong Kong ($6,381.97 million), Middle East ($2113.63 million), Europe ($1,534.50 million). Although the year 2020 is reminiscent of the recession period of 2008-09 when the Indian diamond
Online Registration For Jewellers & Hallmarking Centres
Mumbai: India’s Union Minister for Consumer Affairs, Food & Public Distribution Mr. Ram Vilas Paswan, on 21st August virtually launched the online system of Registration and Renewal of Jewellers and online system of Recognition and Renewal of the Assaying and Hallmarking (A&H) Centres. This online system can be accessed through the Bureau of Indian Standards web portal www.manakonline.in. While launching the
GJEPC Personally Presents VIP Invitations for IIJS Bharat Premiere 2026
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) continued its outreach for IIJS Bharat Premiere 2026 by personally presenting VIP invitations to leading jewellers in Mumbai and Kozhikode, reinforcing industry engagement ahead of the country’s largest B2B gem and jewellery exhibition. The invitations were presented by Mansukh Kothari, Convenor – Events, GJEPC; Nirav Bhansali, Co-Convenor, National Events Sub-Committee, GJEPC;
Newly Elected WFDB President Mehul Shah Shares Vision for Industry
Mumbai: Mehul Shah, Vice President of Bharat Diamond Bourse (BDB) and newly elected President of World Federation of Diamond Bourses (WFDB) said that he and the WFDB committee led by him will focus on reaffirming the industry’s collective commitment to strengthening consumer confidence, and reinforcing the enduring value of natural diamonds. “We will focus on implementing the shared global vision
Senco Gold Opens Store in Bhubaneshwar
Bhubaneshwar: Senco Gold & Diamonds marked the beginning of the festive season with the grand launch of its flagship Janpath store in Bhubaneswar, inaugurated by actor Ms. Rakul Preet Singh. The occasion brought together festive glamour, timeless craftsmanship and contemporary design, offering customers an early glimpse into the season’s most coveted jewellery trends, from statement natural diamond creations for weddings
Ekati Diamond Mine to Close Following Unsuccessful Sale Process
Toronto: Canada’s Ekati diamond mine is set to cease operations after owner Burgundy Diamond Mines failed to secure a buyer for the asset during a court-supervised sale process. According to documents filed with the Supreme Court of British Columbia, the sale process did not attract any compliant bids, leaving the company without the funding needed to continue operations. Burgundy has
