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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GJEPC's India Diamond Week at Mumbai from 23rd Oct
Mumbai: After the phenomenal success of its first edition and increasing demand from the buyers as well as sellers, India’s Gem & Jewellery Export Promotion Council (GJEPC) is all set to organize the 2nd edition of India Diamond Week in Mumbai from 23 – 25 October 2018. This year, India Diamond Week will be held on the side lines of
Bharat Diamond Week now Twice every Year
Mumbai: The 2nd edition Bharat Diamond Week was inaugurated by the chief guest Mr. Andrei Zhiltsov, Honorable Consul General of the Russian Federation in Mumbai and the Guest of Honour Mr. Evgeny Agureev, Director-United Selling Organization (PJSC Alrosa) along with the President of Bharat Diamond Bourse (BDB) Mr. Anoop Mehta, Vice President Mr. Mehul Shah and other dignitaries at the
GJEPC Organized India's 1st Silver Jewellery BSM in Delhi
New Delhi: Gem & Jewellery Export Promotion Council, the apex industry body of the industry organized its 1st India Silver Jewellery Buyer Seller Meet (BSM) between 3rd – 5th October 2018, in New Delhi. Mr. Senthilnathan S. Deputy Secretary, Dept. of Commerce, Govt. of India inaugurated the proceedings of BSM. In the first edition itself, the BSM has witnessed very encouraging response
Tanya Rastogi Becomes ‘Women Entrepreneur of the Year"
Mumbai: Jewellery connoisseur Tanya Rastogi added another feather to her cap by becoming the Women Entrepreneur of the Year at the GJTCI Excellence Awards (6th edition), held at the YMCA International Centre, Ahmedabad, on October 2, 2018. Curator of Jewels of Awadh & Karnaphool, Tanya Rastogi has been reviving the art Indian Jewellery karigari once used profoundly in designing authentic kundan and
Suresh Shah New VP of IDMA
Antwerp: With the wrap-up of the 36th World Diamond Congress, the International Diamond Manufacturers’ Association (IDMA) concluded its meetings with the election of its officers. Maxim Shkadov was unanimously re-elected for a second term as IDMA President and Ronnie VanderLinden and Stephane Fischler were re-elected as Secretary General and Treasurer, respectively. IDMA Vice President Edward Asscher, who was recently elected
Gold-Silver Price-Setting Methods May Change
London: The decades-old methods for determining the daily benchmark prices for gold and silver seem set to change—the result of unwelcome attention from regulators and class-action lawsuits. Currently, the price of both metals is set at a daily teleconference by a number of prominent multinational banks—four in the case of gold, and three in the case of silver. However, the
CIBJO Gives Sustainability Frame for Pearl Sector
Milan: CIBJO President Gaetano Cavalieri has presented an outline for sustainability in the cultured pearl sector, emphasizing that a comprehensive approach must be taken that addresses economic, environmental and social responsibility. He was speaking at the Sustainable Pearls Forum, which took place in Hong Kong on June 21. The cultured pearl industry provides an opportunity to introduce concepts that often
Gold Curb Relaxations on the Way…
New Delhi: The government of India has indicated that there is a need to ease norms for bullion imports to boost supplies and jewellery exports. “There is a need of rationalisation in (gold import) duty and (gold import) procedure….We have already made it clear that there is a need to look at the current gold import regime,” commerce secretary Rajeev
