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
CVD Lab-Grown ‘All Diamond’ Ring Graded at HRD
Antwerp: Dutch Diamond Technologies (DD) has created the world’s first ring that is entirely made from a lab-grown diamond. ‘Project D’, DD’s name for the ring, took a year to manufacture and was created in honour of the company’s 10th anniversary. For grading this unique piece of jewellery, DD turned to HRD Antwerp, Europe’s leading authority in diamond grading. The
Enjoy this Valentine's Day with Platinum
Mumbai: Discovering a love that uplifts you, & pushes you to be the best version of yourself is truly rare. Respect for each other’s individuality begets a relationship of equals – a relationship free from societal dictates and gender-defined roles. It is a strong relationship where love is a given but in addition to it is a deep understanding of
IGI Certifies 24 Lakh Pieces of Diamond Jewellery in '18
Mumbai: The International Gemological Institute (IGI), the largest global independent gem certification and appraisal institute in India, has certified over 24 lac pieces of diamond jewelry at the laboratory based out of India alone, in 2018. The rise in number is clearly a sign of a more informed and conscious customer base becoming persistent on a certificate from an international
Indian Budget Does Not Reduce Gold Import Duty
Mumbai: India’s Finance Minister Mr. Piyush Goyal recently presented a vote on account budget which proposed no direct proposals for the G&J Sector. But the budget has some proposals like rise in income tax slab and incentives for farmers would improve buying capacity. It has not proposed to reduce the import duty on Gold which is 10% at present. Here
ADB's Profit -31%, Interest Income +13%
Antwerp: The Antwerp Diamond Bank (ADB), a subsidiary of the KBC Bank, reported that its balance sheet fell 7 percent year on year to $2.4 billion (EUR 1.692 billion) in 2013, according to a report published on Rapaport. A selective credit issuing policy during the year held the bank’s number of debtors stable, and global net interest income rose almost
Chow Tai Fook to Buy Hearts On Fire for $150 Mn
Beijing: Chinese retailer and manufacturer Chow Tai Fook is buying all the assets of diamond brand Hearts On Fire for $150 million in cash, reports jckonline. The company will be run as a standalone division under current management, a statement said, though there are plans to introduce the brand into Chow Tai Fook’s retail network in Hong Kong, China, Macau,
Hardest Synthetic Diamond Ever Made Unveiled
Beijing: Chinese researchers from Yanshan University have created a synthetic diamond harder than its natural counterpart and able to withstand even hotter temperatures, according to a report published in mining.com The team, led by Yongjun Tian, says the new form of diamond could be used to make superior cutting or crushing tools, capable of operate under very extreme conditions. The
'Presidents Forum' Formed
Antwerp: The heads of the jewellery and diamond industry’s four leading international representative bodies have agreed on Tuesday to establish “The Presidents Forum,” which is a joint consultative committee with its members being the presidents of each organization. Together they will discuss and formulate coordinated strategies and policies for the industry on important issues of common interest. Hosted by Dr.
