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
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GJEPC to Organise 'Design Inspirations' on 16th Feb
Mumbai: Design Inspiration is one day Design Seminar to be held on 16th February, 2020 at Bombay Exhibition & Convention Centre (also known as NESCO), Mumbai. Experts will speak on Jewellery Trends for India, Europe & USA. Some of the renowned speakers include: Ash Allibhai (ASBO magazine), Ruchika Sachdeva (Bodice Studio), Narendra Kumar (Fashion Designer), Noelle Van Gelder (Van Gelder
Atul Saraf Receives Purvanchal Icon Awards
Gorakhpur: Uttar Pradesh’s leading jewellery chain Aisshpra Gems & Jewels Director Mr. Atul Saraf received Icon of the Year Award at Purvanchal Icon Awards by actor Govinda during the Purvanchal Icon Awards event held in Gorakhpur. Aisshpra Gems & Jewels has emerged as one of the credible and renowned jewellery houses of Uttar Pradesh under the leadership of Mr. Atul
GJEPC Once Again Demands Reduction in Gold Duty
GJEPC Sends Budgetory Demands to the Govt. Mumbai: India’s Finance Minister Mrs. Nirmala Sitharaman is scheduled to present budgetary proposals in the Parliament on the 1st February, 2020. The country’s Gem & Jewellery sector as been demanding some incentives and has sent a list of its demands to the Finance Minister. Mr. Pramod Agrawal, Chairman of the Gem & Jewellery
HRD Antwerp Announces New CEO
InAntwerp: After a long period of uncertainty, HRD Antwerp is looking to the future with a new and ambitious CEO. Ellen Joncheere, formerly the General Manager at Fremach, will be the new CEO at HRD Antwerp as of January 20th. The current interim CEO, Michel Janssens, will be retiring next summer. Ellen has worked in a wide range of other
De Beers June Sight Estimated at $640M
Gaborone: The De Beers June sight closed with an estimated value of $640 million as demand for rough diamonds remained firm. Prices and assortments were largely unchanged from the previous sight, although sightholders reported minor price adjustments on select boxes. There was ex-plan supplied – rough in excess of sightholders’ initial application for goods – as demand rose during sight
Zimbabwe's Proposed Marange Restructuring Stalled
Harare: Marange diamond miner Anjin Investments Ltd. has reportedly stalled the Zimbabwe government’s intended consolidation of Marange diamond companies. As of last week, Anjin’s top management, which recently visited Zimbabwe from China, was yet to meet with officials from the mines ministry to finalize evaluations of company’s operations. The ministry had originally projected briefing Anjin chairperson Jiang Qingder on the
Belgian Politician Warns Against Diamond Sanctions
Antwerp: The 36th World Diamond Congress (WDC) has opened in Antwerp, with Minister-President of Flanders, Kris Peeters, warning of the “catastrophic” impact that sanctions relating to the diamond industry could have. The Congress is the bi-annual meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA). Talking of the huge role of the diamond
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
