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
GJC Presents 8th National Jewellery Awards 2018
Mumbai: The country’s biggest and most eagerly awaited gems and jewellery awards are back. National Jewellery Awards (NJA) 2018, an initiative by All India Gem and Jewellery Domestic Council (GJC), has started their nomination process for the awards for the year 2018. The awards are to honour the rich Indian artistic, creative designs in the gems and jewellery industry and
Chow Tai Fook Joins Tracr Pilot
Mumbai: Tracr™, the end-to-end diamond industry blockchain traceability platform being developed by De Beers Group in collaboration with key industry stakeholders, today announced that Chow Tai Fook Jewellery Group (“Chow Tai Fook”) has joined the platform’s pilot programme. Chow Tai Fook joins a range of other leading businesses from across the diamond value chain in piloting the next generation asset-tracking
Sant Enterprises Introduces the ‘Rose of Mozambique’
Mumbai: Gemfields has introduced the Rose of Mozambique – a rare, high quality ruby sold at auction in Singapore to Bangkok’s preeminent gem specialist Sant, now cut and polished to reveal its true beauty. Sant’s managing director Santpal Sinchawla has had a lifetime of experience with rubies, working in the family gemstone business since he was just 18. Led by
Gem & Jewellery Demand Scenario in USA Optimistic
Mumbai: India’s exports of Gem and Jewellery products is expected to be encouraging in USA market during the upcoming Christmas time majorly backed by rising GDP growth, employment rate and private consumption expenditure in the country. The press release issued by India’s Gem & Jewellery Export Promotion Council (GJEPC) says, this would be well in line with positive growth of
Gold Smuggling Arrests Jump 750% YoY in India
Mumbai, 14th April: While cases of gold smuggling in India have jumped 265% from 40 in 2012-13 to 146 in 2013-14, the number of people arrested has shot up by 750%, from 30 in 2012-13 to 255 in 2013-14, data from the Directorate of Revenue Intelligence shows, according to a report published in Mineweb. “Gold imports through the legal channel have
