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
Colin Shah Elected as new Chairman of GJEPC
Mumbai: The new Committee of Administration (CoA) of The Gem & Jewellery Export Promotion Council (GJEPC) for the term 2020-22 was announced yesterday following the declaration of results of the elections held through an online voting process from March 20 to 26, 2020. Mr. Colin Shah, the previous Vice Chairman will assume the role of Chairman for the new term
New Research from De Beers Group on US Consumers
Mumbai: As consumers in the US reassess their purchasing behaviour in light of the COVID-19 pandemic, gifts that are meaningful and that retain their value will be the priority as people emerge from lockdown, according to new research undertaken over the past nine weeks by De Beers Group. The research demonstrated that lockdown had made many consumers feel grateful for
Modi, Choksi's Jewellery Worth 1350 Cr Brought Back
New Delhi: Over 2,300 kg of polished diamonds, pearls and jewellery worth Rs 1,350 crore that fraud-accused jewelers Nirav Modi and Mehul Choksi allegedly dispatched to Dubai while they were being investigated has been brought back to India by the Enforcement Directorate, according to NDTV. The agency has “successfully imported” from Hong Kong around 108 packages of jewellery and gems
GJNRF Extends Helping Hand During the Pandemic
Mumbai: Whenever there is a crisis, Gems & Jewellery National Relief Foundation (GJNRF) has been quick to respond and has come forward to help the needy people. This time around, during Covid 19 Pandemic, GJNRF is working with the guidance and advise of Maharashtra Govt. and BMC for the charity work in Mumbai. GJNRF has been reaching out to people
GJSCI’s Initiative on Tribal Youth Empowerment
Mumbai: The Shrimad Rajchandra Skill Development Centre, set up in partnership with the Gem & Jewellery Skill Council of India (GJSCI) in September 2022, is helping tribal youth in Dharampur, Valsad, in southern Gujarat build sustainable careers in the gem and jewellery sector. The centre offers training in jewellery CAD design, a key skill in modern jewellery manufacturing. Supported by
Zen Diamond Opens Store in Chandigarh
Chandigarh: Zen Diamond continues to expand its presence in India with the opening of its latest boutique at Nexus Elante Mall, Chandigarh. After establishing a strong foothold in Mumbai with stores in Bandra and Borivali, and further strengthening its presence in Bengaluru with two stores, Zen Diamond now brings its hallmark of exquisite craftsmanship and modern design to North India.
Rio Tinto Concludes Its Final Beyond Rare Tender
Perth: Rio Tinto has brought its celebrated Beyond Rare Tender series to a close, presenting 52 lots of exceptional fancy colour diamonds sourced from its Australian and Canadian mines. Titled “Into The Light,” the event was the third and final edition in Rio Tinto’s annual Art Series. With the Argyle Diamond Mine having ceased operations in 2020 and the Diavik
GJEPC Submits Pre-Budget Proposals to Govt.
New Delhi: India’s Gem & Jewellery Export Promotion Council (GJEPC) submitted a set of pre-budget proposals to the Government of India in New Delhi on 7th November, aimed at improving ease of doing business and boosting exports. The Council proposals were put forth by Mr. Kirit Bhansali, Chairman, GJEPC; Mr. Anoop Mehta, Convener – Diamond Panel; Mr. K. Srinivasan, Convener
