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
India Pavilion at Hong Kong International Show
Hong Kong: India, the leading diamond manufacturer and one of the leading jewellery exporters in the world, has always made a scintillating presence at all international shows with innovative and unique offerings catering to specific markets. India Pavilion, organized by Gem & Jewellery Export Promotion Council (GJEPC) has an impressive presence at the 6th Hong Kong International Diamond, Gem and
Institutes Gathers under one Umbrella to Form AGA
Hong Kong: NGTC is organizing a half day open Forum meeting Win-Win on 28th February with CIBJO, GIT, GII, CGL, DFHK, GHK and HKIG as organizers. NGTC invited many experts from many institutes to talk or present views in Win-Win. For the first time, an effort is being made to bring Asia-pacific countries under one umbrella. The idea was seeded
IGI Certifies Traditional Jadau & Polki Plewellery
Mumbai: The International Gemological Institute (IGI), the largest global independent gem certification and appraisal institute, certifies traditional Jadau and Polki jewelry. The IGI Traditional Jewelry Report has become a benchmark and helps discerning buyers validate real Jadau jewelry from fakes; and differentiate between original Polki creations and glass rendered designs. Jadau jewelry is considered the epitome of traditional Indian craftsmanship.
SSEF Launches GemTrack
Basel: The Swiss Gemmological Institute SSEF has announced the launch today of GemTrack™, a new service providing expert scientific opinion linking a cut gemstone to the rough stone from which it originated, thus enabling gemmologically the documentation of part of the stone’s journey from mine to market. The GemTrack™ service involves the combination of crystallographic, structural, chemical and microscopic analyses, which allow for
Suresh Shah New VP of IDMA
Antwerp: With the wrap-up of the 36th World Diamond Congress, the International Diamond Manufacturers’ Association (IDMA) concluded its meetings with the election of its officers. Maxim Shkadov was unanimously re-elected for a second term as IDMA President and Ronnie VanderLinden and Stephane Fischler were re-elected as Secretary General and Treasurer, respectively. IDMA Vice President Edward Asscher, who was recently elected
Gold-Silver Price-Setting Methods May Change
London: The decades-old methods for determining the daily benchmark prices for gold and silver seem set to change—the result of unwelcome attention from regulators and class-action lawsuits. Currently, the price of both metals is set at a daily teleconference by a number of prominent multinational banks—four in the case of gold, and three in the case of silver. However, the
CIBJO Gives Sustainability Frame for Pearl Sector
Milan: CIBJO President Gaetano Cavalieri has presented an outline for sustainability in the cultured pearl sector, emphasizing that a comprehensive approach must be taken that addresses economic, environmental and social responsibility. He was speaking at the Sustainable Pearls Forum, which took place in Hong Kong on June 21. The cultured pearl industry provides an opportunity to introduce concepts that often
Gold Curb Relaxations on the Way…
New Delhi: The government of India has indicated that there is a need to ease norms for bullion imports to boost supplies and jewellery exports. “There is a need of rationalisation in (gold import) duty and (gold import) procedure….We have already made it clear that there is a need to look at the current gold import regime,” commerce secretary Rajeev
