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
Forevermark Red Carpet Collection '19 by India
Mumbai: Since the time the De Beers’ diamond brand was launched, Forevermark diamonds have consistently graced the red carpets of all the most important events, worn by the most important celebrities. This year, 27 Indian retailers designed jewellery exclusively for the 91st Annual Academy Awards. “Inspired by the talent and strength of Hollywood’s leading women, the jewellery designs will be
WJA Unveils Designers of India Book
Mumbai: The Womes’s Jewelry Association (WJA) India, recently launched a coffee table book titled “Designers of India” during the inaugural ceremony of the 12th edition of IIJS SIGNATURE. The book was unveiled by the Guest of Honour, Dr Subodh Agarwal, Additional Chief Secretary, Industries, Government of Rajasthan. Also present on the occasion on the dais were Chairman GJEPC, Pramod Kumar
IIJS Signature and IGJME 2019 Inaugurated
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) presented the trade with two wonderful opportunities to commence the Year’s buying season with the 12th edition of Signature IIJS and the 6th edition of India Gem & Jewellery Machinery Expo (IGJME) from 10-13 February 2019 at the National Exhibition Centre, Goregaon, Mumbai. Dr. Subodh Kumar Agarwal (Addn. Chief Secretary – Industry, Govt. of Rajasthan) and Mr. Pramod
Boaz Moldawsky Elected as President of IDI
Ramat Gan: The board of the Israel Diamond Institute (IDI) has elected Mr. Boaz Moldawsky for a 3-year term as chairman, a press release from the IDI says. Moldawsky, who has served as acting chairman for the past year, has also been deputy president of the Israel Diamond Exchange (IDE), chairman of the finance committee, and a member of the
ALROSA and DDC Sign MoU
Las Vegas: ALROSA and Diamond Dealers Club of New York signed a Memorandum of Understanding (MoU) aimed to develop the diamond industries of Russia and the USA.The document was signed at an official ceremony in Las Vegas on 30 May by Reuven Kaufman, President of the DDC, and Alexander Malinin, Director of “Brillianty ALROSA” (ALROSA’s cutting and polishing division). The
Surat to Set Diamond Bourse in 2 Lakh Sq. Yards
Surat: Surat, known as a hub for processing of rough diamond is readying itself to set up a world class diamond bourse having trading facilities which will integrate processing and house all those interested in diamond business at one place, reports The Times of India. The proposed bourse may be of the size of the one existing in Mumbai. Mumbai’s
EGL Uncovers 4 Synthetics in Parcel of 20 Stones
Ramat Gan: In an unusual case, EGL International in Israel said it has discovered four synthetic diamonds in a parcel of 20 stones submitted by a long-time client, reports idexonline.com. The lab-grown diamonds were uncovered in the first phase of testing using FTIR infrared spectroscopy, said EGL International Managing Partner and CEO, Guy D. Benhamou, who added that the diamonds
Bitcoin Growing in Adoption
New York: The cyber currency bitcoin is seeing increasing adoption, said a May 31 panel on “Bitcoin and the Jewelry Industry: What You Need to Know.” “In terms of the world’s economic system, bitcoin is doing small numbers,” said the panel’s moderator Verichannel CEO Jacques Voorhees, whose son works for a bitcoin company. “But the adoption rate is soaring.” Some
