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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PNG Jewellers Wins Three Awards
Mumbai: PNG Jewellers, India’s jewellery brand added golden feathers to its cap this award season. The brand has won for ‘the most innovative Marketing Campaign – Radio’ and ‘Retail Chain of Stores’ at Retail Jewellers Guild awards 2018 held in New Delhi on 30th September. They also bagged an award at GJTCI (Gem and Jewellery Trade Council of India) Excellence Awards on 2nd October as ‘Regional
DPA Launches ‘Real is Rare’ Campaign in Telugu
Hyderabad: The Diamond Producers Association (DPA) an international alliance of the world’s leading diamond mining companies launched their integrated marketing campaign ‘Real is Rare’ in Telugu. The ‘Real is Rare’ campaign focuses on celebrating the precious moments which mark the journey of a relationship between a couple. Following a comprehensive research, DPA arrived at a key insight – while couples
Gem-A Welcomes JTV as Platinum Sponsor
London: Gem-A (The Gemmological Association of Great Britain) is pleased to announce that Jewelry Television (JTV) will support its annual Conference as Platinum Sponsor. The two-day event, which will take place in London on November 3-4, 2018, welcomes the world’s leading gemmologists, mining specialists, geologists, jewellery collectors, and jewellery historians for a range of insightful talks and workshops, led by
Rio Tinto Reveals Largest Fancy Purplish Red diamond
New York: Rio Tinto has revealed its 2018 Argyle Pink Diamonds Tender in New York to collectors, connoiseurs and those in search of the incomparable, including the Argyle Muse™, the largest purplish red diamond ever offered at Tender. Rio Tinto’s Argyle mine is the world’s only consistent source of rare pink, red and violet diamonds and the 2018 Argyle Pink
IDMA Tackles Thorny Issues at 36th WDC
Antwerp: With the close of the 36th World Diamond Congress in Antwerp, Belgium, members of the International Diamond Manufacturers Association (IDMA) concluded their deliberations, after raising and discussing a long list of topics that weigh heavily on the minds of diamond manufacturers worldwide. IDMA President Maxim Shkadov emphasized at the concluding press conference on June 19 that his organization was
IMF Urges Zimbabwe to Boost Transparency
Harare: The International Monetary Fund (IMF) stated that Zimbabwe remains committed to implementing the policies and reforms that were agreed to with an IMF-monitored program and to stay engaged with international financial institutions. The program marked its first anniversary this month and while the IMF suggested a number of guidelines to stabilize Zimbabwe’s economy, the organization also concluded that the
Russia's Rough Exports Increased by 21.5% in 1Q
Moscow: Russia’s natural rough diamond exports increased 21.5 percent on the year to 12.01 million carats in the period from January to March, the Finance Ministry said on Monday. Diamond imports dropped 2.6 times in carat terms to 8,040 carats. In monetary terms, Russia’s diamond exports rose 20.6 percent to $1.41 billion while imports halved to $16.5 million, PRIME reports.
Raise Import Payment Credit to 180 Days: GJEPC
New Delhi: With expectations running high from the first budget of the Narendra Modi government at the Centre, a delegation of diamond traders and representatives of Gems and Jewellery Export Promotion Council (GJEPC) today met the Union Finance Minister, Arun Jaitley in New Delhi demanding relaxation in various rules relating to gems and jewellery industry. However, gold importers may feel
