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
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
Eli Avidar to Leave CIBJO Position
Milan: Eli Avidar, CIBJO Vice President, has resigned his position at the World Jewellery Confederation, announcing that he plans to run for national political office during the upcoming parliamentary elections for the Israeli Knesset, which will take place on April 9. “Five years ago I had the honour and the privilege to be invited to join the CIBJO Board of
Gem-A to Share Education with ‘Gem-A USA’ Expansion
London: Gem-A (the Gemmological Association of Great Britain) has established an independent, non-profit entity in the United States, with 501 (c)(3) status, designed to facilitate its world-leading gemmological education in this strategically important market. Gem-A USA will provide the same Gemmology and Diamond Diploma courses designed to inspire and educate the next generation of gemmologists. To mark this exciting step
Quality Label ‘Antwerp’s Most Brilliant’
Antwerp: The City of Antwerp and the AWDC awarded three additional Antwerp jewelers the quality label ‘Antwerp’s Most Brilliant’, indicating they meet the strictest requirements in terms of quality, service and transparency. Antwerp’s Most Brilliant was launched earlier this year and collects the city’s most qualitative and reliable jewellers, living up to Antwerp’s reputation as a diamond centre of excellence.
“Please Withdraw Gold Import Curbs…”
New Delhi: Commerce Minister Nirmala Sitharaman said that her ministry has recommended that the finance ministry seriously consider easing import curbs on gold to help the beleaguered gems and jewellery export sector, reports The Economic Times. Speaking to ET, Sitharaman, who is also minister of state for finance, said that while the current account deficit (CAD) crisis had been somewhat
New Device Grades Fancy Colored Diamonds
London: A new device can color-grade both fancy colored diamonds as well as diamonds with secondary hues, says a release from manufacturer ImaGem. The device uses data from thousands of samples to derive its grades for fancy colored stones, says Dr. Lalit K. Aggarwal, chairman of ImaGem, which manufactures the device. The device, called the GL3200, can “identify which stones
WDC Warns against Trading Diamonds with CAR
New York: The World Diamond Council has issued a warning that, despite the Administrative Decision of the Kimberley Process of May 23, 2013, which ordered the temporary suspension of trading in diamonds from the Central African Republic (CAR), production of diamonds in that country is continuing and there is evidence of diamonds from the CAR reaching the markets. The WDC
