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
AGD Diamonds Enters International Diamond Market
Mumbai: JSC Arkhangelskgeoldobycha was officially renamed ‘JSC AGD DIAMONDS’ recently due to its new marketing policy and the brand’s international positioning aimed at its customers, the buyers of rough diamonds. During the month of June, the company produced 234,000 tons of ore at the Grib Diamond Field and raked in more than $46 million from rough sales. According to Sergey
Synthdetect Wins Innovation of the Year at JNA Awards
Hong Kong: The International Institute of Diamond Grading & Research (IIDGR), a member of De Beers Group announced that its industry-first synthetic screening device, SYNTHdetect, was awarded Industry Innovation of the Year at last night’s JNA Awards in Hong Kong. Launched last year, SYNTHdetect is the first synthetic diamond screening device to simultaneously test multiple stones in set jewellery and
3rd World Meeting of Mujeres Brillantes Held in Medrid
Madrid: It happened the last week on September 12nd to 15th , Third World Meeting Mujeres Brillantes, where several women´s jewellery have met to discuss the progress of the association’s creation in 2016 to the present day . The chosen city this time was Madrid, Spain during the prestigious Spanish Jewelry Show , Madrid Joya attended by members of the group
Bangkok Gems & Jewelry Fair Ends with Record Sales
Bangkok: The 62nd Bangkok Gems & Jewelry Fair experienced overwhelming success with Department of International Trade Promotion (DITP) revealing that sales at the fair totaled 2,389.74 million baht, exceeding the initial target. Buyers worldwide expressed interest and admiration for jewelry made by up-and-coming brands as well as Thai SMEs, generating immediate sales and opportunities to become trade partners in the future.
First Texas-Israel Diamond Show in September
Ramat Gan: This fall strategic cooperation between the Texas Jewelers Association (TJA) and the Israel Diamond Institute (IDI) will produce the first Texas-Israel Diamond Show in San Antonio from September 29 – 30, 2014. This is the first time that jewelers in Texas and surrounding states will be offered the opportunity to buy diamonds directly from the source. The unique
India Hikes Import Tariff Value on Gold, Silver
New Delhi: The Indian government yesterday hiked import tariff value on gold and silver to USD 411 per 10 grams and USD 632 per kg as global prices have increased in the wake of escalating violence in Iraq. In the first fortnight of this month, tariff value on imported gold stood at USD 408 per 10 grams and silver at
De Beers June Sight Estimated at $640M
Gaborone: The De Beers June sight closed with an estimated value of $640 million as demand for rough diamonds remained firm. Prices and assortments were largely unchanged from the previous sight, although sightholders reported minor price adjustments on select boxes. There was ex-plan supplied – rough in excess of sightholders’ initial application for goods – as demand rose during sight
Zimbabwe's Proposed Marange Restructuring Stalled
Harare: Marange diamond miner Anjin Investments Ltd. has reportedly stalled the Zimbabwe government’s intended consolidation of Marange diamond companies. As of last week, Anjin’s top management, which recently visited Zimbabwe from China, was yet to meet with officials from the mines ministry to finalize evaluations of company’s operations. The ministry had originally projected briefing Anjin chairperson Jiang Qingder on the
