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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Kashi Jewellers Honoured with ‘No.1 Exporter Award’
Lucknow: Kashi Jewellers has won UP Government’s No. 1 Exporter Award in the Gems and Jewellery Industry on 24th January 2019 in Lucknow, the award was presented to Mr. Shreyansh Kapoor, Vice-President, Kashi Jewellers by honorable Governor Mr. Ram Naik and the Chief Minister Mr. Yogi Adityanath. Established in 1955, Kashi Jewellers has made its presence felt both nationally and
De Beers Releases Q4 Production Report
London: De Beers reported that rough diamond sales volumes totaled 9.9 million carats (9.2 million carats on a consolidated basis) from three sales cycles, compared with 8.2 million carats (7.5 million carats on a consolidated basis) from the same number of sales cycles during the equivalent period in 2017. Fourth quarter rough sales revenues increased year on year as the
Arun Mehta Opens Innovation & Incubation Centre
Mumbai: The Founder and Chairman of Rosy Blue, Arun Mehta, widely considered to be the patriarch of the Indian gem & jewellery industry, today inaugurated the Innovation & Incubation Centre at the Indian Institute of Gem & Jewellery (IIGJ), Tardeo. The IIGJ is a project of The Gem & Jewellery Export Promotion Council (GJEPC). The institute operates out of two
Russia to Chair KPCS in 2020
Moscow: Russia will chair the Kimberley Process (KP), an organization aiming to diminish the flow of conflict diamonds in the world market, in 2020, Russian Deputy Finance Minister Alexei Moiseev told Sputnik in an interview. “Russia has not chaired the Kimberley Process since 2005, and we have decided that it is time to fix this and put forward our candidacy.
5th Edition of IIJW Inaugurated in Mumbai
Mumbai: After completion of four successful years, the 5th edition of India International Jewellery Week, popularly known as IIJW, was inaugurated this morning in Mumbai by Mrs. Rashmi Thackeray. Present at the inauguration were Mr. Vipul Shah, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC), Mr. Pankaj Parekh, Vice Chairman of GJEPC and other degnitories. Conceived and conceptualized
HRD Antwerp Adjusting Parameters of Cut Grade
Antwerp: HRD Antwerp is to adjust the proportion parameters of its Cut Grade, with changes taking place as of July 14. The Belgian lab said it is making the move “in order to be more compliant with the market standard, while maintaining the highest-quality grading standards that HRD Antwerp is known for”. “The HRD Antwerp Cut Grade is based on
Gold, Diamond Deposits Traced in Odisha
Bhubaneswar: Geological survey has revealed deposits of a variety of gem stones, gold and diamond in Boudh district in India’s Odisha state, Steel and Mines minister Prafulla Kumar Mallick informed in the State Assembly here on Friday, according to a report published in Odisha Sun Times. Replying to a question by Mahidhara Rana, he said as informed by the Steel
Diamonds worth Crores Stuck in US Labs
Mumbai: An unprecedented delay by US-based Gemological Institute of America (GIA) in certifying of polished diamonds is worrying diamantaires in Surat and Mumbai, who are now facing liquidity problems due to shortage of gems to sell in the market, reports The Times of India. The diamond sized below one carat (the most popular category) that are sent to Carlsbard and
