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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AWDC to Promote its Diamond Trade in Mexico
Antwerp: The Antwerp World Diamond Centre (AWDC), the umbrella organization for the Antwerp diamond industry, from 16 to 20 February 2019 will participate in the Royal Mission to Mexico. Currently, Mexico mainly imports polished diamonds from the United States. This Royal Mission is therefore the ideal opportunity to promote the Antwerp diamond trade in Mexico and to ensure that Mexican
Industry Leaders Pay Tribute to Pulwama Martyrs
Mumbai: Indian Leaders of G&J Industry recently gathered in the premises of the Bharat Diamond Bourse (BDB) to express their solidarity with the CRPF soldiers who were massacred in Kashmir’s Pulwama by a handful of terrorists. It is known that in barbaric act of terror on CRPF convoy in the Kashmir Valley over 40 CRPF personnel had martyred on Thursday,
Bibhu Showcases New Forevermark Collection
New York: Celebrating their on-going association with leading New York-based fashion designer Bibhu Mohapatra; Forevermark, the diamond brand from De Beers Group mesmerised on the runway as the designer showcased his new collection during New York Fashion Week. In collaboration with Narayan Jewellers by Ketan & Jatin Chokshi, Forevermark provided an assortment of beautiful, rare and responsibly sourced diamond jewellery
GJEPC Distributes Artisan Awards
Mumbai: It was a night to remember as the real stars of Indias coveted designer jewellery descended from the skies to the Royal Opera House in south Mumbai responding to the futuristic theme of Enchanted Cosmos! The Gem & Jewellery Export Promotion Council (GJEPC) presented The Artisan Jewellery Design Awards 2019 powered by GIA (Gemological Institute of America) and co-partnered
China’s Gold Demand to Continue For 20 Years
Beijing: China’s strong appetite for gold is expected to continue for the next 20 years, driven by the country’s increasing per capita income and the global shift of gold consumption from the West to the East, the China Gold Association said. In 2013, China’s gold consumption reached 1,176.4 tonnes, making it the world’s biggest gold consumer. Its consumption in 2014
British MPs Urge to Probe Gold Price-Rigging
London: British Members of Parliament (MPs) have called on the UK’s financial watchdog to investigate allegations of price-rigging in the London gold market after a senior regulatory executive said that there may have been co-ordinated attempts to manipulate a crucial benchmark, Financial Times reports. Members of the influential parliamentary Treasury select committee pressed the Financial Conduct Authority to act after
RBI to Swap Gold to Improve Reserves Quality
Mumbai: The Reserve Bank of India (RBI) said yesterday that it had sought quotes from banks to swap gold in its own vaults for international-standard gold, aiming to improve the management of its reserves. The RBI sources said that the measure would “standardize the gold available with RBI in India with respect to international standards” and the gold acquired would
6,000-Gram Gold “Devil’s Ear” Unearthed in Russia
Moscow: Russian miners have unearthed a scary-looking 6,664-gram piece of gold they labeled the “Devil’s Ear” on Friday the 13th. According to the official publication of the local government, workers at the Ukhagan mine in the Bodaybinsky district of Siberia found the piece, the largest nugget ever found in the area, on June 13, the eve of the full moon.
