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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De Beers DVI to Get Assure Seal of Approval
London: De Beers Group Industry Services announced that all four of their diamond verification instruments (DVI) submitted for testing as part of Project ASSURE have received outstanding results. Project ASSURE is a joint collaboration between the Diamond Producers Association (DPA) and Signet Jewelers, with input provided by other participants in the diamond industry and gemmological laboratories, including De Beers Group.
Aisshpra Collaborates with Royal Fables
Lucknow: Aisshpra Jewllery Boutique by Umang Agarwal, the house that caters to the luxurious taste of city of Nawabs Lucknow collaborated with Royal Fables, a heritage platform renowned for glorifying Indian Royalty. This regal exhibition was hosted on Friday March 1st and Saturday 2nd March 2019 respectively at 11 Habibullah Estate, Hazratganj. The event was an amalgamation of Art, Fashion
HRD NV to Issue LGD Jewellery Reports
Antwerp: HRD NV of Antwerp will begin will issuing laboratory grown diamond (LGD) jewellery reports. In an online announcement, HRD stated, “Our laboratory has the knowledge and instruments needed to thoroughly analyse your jewellery. Every diamond of the jewellery piece is tested to determine whether it is natural or laboratory grown. If all diamonds set in the jewellery piece are
Synthetic Diamond Wholesale Prices Down 60%
Mumbai: The global mining giant De Beers said wholesale prices for synthetic diamonds eased by up to 60% since the group commenced selling the laboratory-grown stones for jewellery last September. Reuters quoted De Beers chief executive Bruce Cleaver as saying that margins for the sector were projected to continue falling as improved technology increases the quality and volume. “The margins
India May not fully Withdraw Gold Curbs
New Delhi: Despite a significant reduction in the current account deficit, curbs on gold imports are unlikely to be fully removed this Budget. Instead, the finance ministry may lower the import duty on the precious metal by two per cent, reports The Indian Express. “The current account deficit situation is still being closely monitored. The curb on gold imports was
Gujarat Govt. Assures Help for Diamond Bourse
Surat: As the prices of realty in Vesu and Dumas areas have skyrocketed following the announcement of proposed diamond bourse, diamantaires spearheading the movement for a world-class diamond bourse in the city have started lobbying with the state government for land, reports The Times of India. Members of Surat Diamond Bourse (SDB) committee, which includes chairman of leading diamond companies
Antwerp Seizes Parcel of Banned CAR Diamonds
Antwerp: The Antwerp diamond industry, represented by the Antwerp World Diamond Centre (AWDC), is stepping up its efforts in combatting conflict diamonds. The city, largely owing its reputation as the most transparent and strictly controlled diamond trade centre to the rigorous controls of all diamond imports and exports at the Antwerp Diamond Office, is determined to continue its strong commitment
GJF to Get Council Status Soon
Mumbai: The All India Gems and Jewellery Trade Federation (GJF) expects to receive the status of council within the next two to three months, reports Business Standard. The federation said it would be easy to represent issues faced by gems and jewellery industry before government after receiving the status of the council. “We have already asked the concerned ministry in
