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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Forevermark Unveils Next Gen. Retail Concept in China
Beijing: Forevermark, the diamond brand from De Beers Group, recently unveiled the first boutique in its Next Generation Retail Concept, located within renowned jewellery department store, Caibai in Beijing. The newly renovated 100 square metre boutique breaks away from the traditional across-the-counter service, inviting consumers to discover the world of Forevermark through an immersive, interactive and informative experience. This is
GJEPC-Gem Testing Lab, Jaipur & eBay Sign Agreement
Jaipur: The Gem & Jewellery Export Promotion Council (GJEPC) commences the new year with a significant initiative to add another layer of trust and credibility to “Make in India” products, sold across the world! In a strategic initiative, GJEPC-Gem Testing Laboratory (GTL), Jaipur, and global e-commerce company eBay signed one-of-its-kind agreement for a certification program for eBay sellers. Under the
GJEPC Organized 45th Awards Function
Piyush Goyal asks gems and jewellery exporters to enrol for NIRVIK Scheme Govt. exploring usage of unused SEZ land for Jewellery ParksHelp every karighar to own a house using PMAY New Delhi: On the momentous occasion of the 45th India Gem and Jewellery Awards function organised by the Gem & Jewellery Export Promotion Council (GJEPC) held in the Capital, Shri
GJC Announces 9th Edition of NJ Awards
Mumbai: All India Gem and Jewellery Domestic Council (GJC), the apex body for domestic jewellery sector, announces the 9th edition of National Jewellery Awards (NJA) 2019, one of the highly awaited and acclaimed Jewellery awards in India. The jury this year consists of Bollywood’s celebrated jewellers, Jewellery designers, socialists fashion designers and B-Town’s celebrities. This year, NJA awards is having 35 awards
GJEPC Demands Relaxations from Govt.
Mumbai: The Gems and Jewellery Export Promotion Council (GJEPC) has urged the government to reduce import duty on gold and silver to 2 per cent from 10 per cent. An official News Release received by this website says that the body has also demanded for scrapping the existing 80:20 scheme, which was imposed by the government in August last year,
36th World Diamond Congress Concludes
Antwerp: The 36th World Diamond Congress concluded in Antwerp, Belgium, and reflected strength in the attendance and the presence of international diamond, gem stone and jewellery industry organization delegates. These included the representatives of 30 bourses affiliated to the World Federation of Diamond Bourses (WFDB), 15 members of the International Diamond Manufacturers Association (IDMA), the two bodies that organize the
ADB's Profit -31%, Interest Income +13%
Antwerp: The Antwerp Diamond Bank (ADB), a subsidiary of the KBC Bank, reported that its balance sheet fell 7 percent year on year to $2.4 billion (EUR 1.692 billion) in 2013, according to a report published on Rapaport. A selective credit issuing policy during the year held the bank’s number of debtors stable, and global net interest income rose almost
Chow Tai Fook to Buy Hearts On Fire for $150 Mn
Beijing: Chinese retailer and manufacturer Chow Tai Fook is buying all the assets of diamond brand Hearts On Fire for $150 million in cash, reports jckonline. The company will be run as a standalone division under current management, a statement said, though there are plans to introduce the brand into Chow Tai Fook’s retail network in Hong Kong, China, Macau,
