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
GIA to Present Product & Service Developments at IIJS
Mumbai: GIA India will present laboratory and education offerings, live demonstrations of the GIA iD100 gem testing device, complimentary seminars and more at the India International Jewellery Show (IIJS) from 9-13 August, 2018 at Bombay Exhibition Centre, Mumbai. To learn more about GIA India’s offerings, visitors can step in to Booth #1D066 and Booth #2B003. Live demonstrations of GIA iD100, which
PNG Jewellers Reveals Plans for Rapid Expansion
Mumbai: In a bid to take its legacy to even greater heights, PNG Jewellers announced its plans to initiate a franchise model for the first time at a recent press conference. Named ‘IFO-Initial Franchise offering’, the programme aims to intensively increase the penetration of the jewellery brand in both Tier I and Tier II cities in Maharashtra within the next
5 Carat+ Grading Service at Mumbai by HRD Antwerp
Mumbai: Diamond grading for higher carats has traditionally been a time consuming and costly process for the traders who send in their stones to the labs overseas and further await the grading reports that are sent from international locations thereby adding to the time lines. There has been a constant demand to make higher grading available within India. This emerges
Banking Finance Support to G&J Sector Declined by 10%
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), apex body for the gem and jewellery trade in India, set up by the Ministry of Commerce and Industry, today stated that there has been at least 10 percent decline in bank finance to the gem and jewellery sector which is going to adversely impact exports out of the country. This
"Be Sensitive To Festival Dates": WFDB
Antwerp: The World Federation of Diamond Bourses (WFDB) is calling on international trade fair organizers to “be sensitive to dates” when scheduling events so they don’t fall on religious festivals and thus prevent some industry members from taking part. “The fast expanding number of trade shows and exhibitions held across the world has often been scheduled in such a way
AGS Launches Virtual Guild
New York: The American Gem Society (AGS) has launched a virtual guild, which is open to all members of the trade. The first GoTo Guilds meeting will be a presentation by Peter Yantzer, executive director of AGS Laboratories, on “Light Performance 101,” an in-depth primer on the American Gem Society’s Light Performance Cut Grade on July 8. “Originally, the intention
Quality Label ‘Antwerp’s Most Brilliant’
Antwerp: The City of Antwerp and the AWDC awarded three additional Antwerp jewelers the quality label ‘Antwerp’s Most Brilliant’, indicating they meet the strictest requirements in terms of quality, service and transparency. Antwerp’s Most Brilliant was launched earlier this year and collects the city’s most qualitative and reliable jewellers, living up to Antwerp’s reputation as a diamond centre of excellence.
“Please Withdraw Gold Import Curbs…”
New Delhi: Commerce Minister Nirmala Sitharaman said that her ministry has recommended that the finance ministry seriously consider easing import curbs on gold to help the beleaguered gems and jewellery export sector, reports The Economic Times. Speaking to ET, Sitharaman, who is also minister of state for finance, said that while the current account deficit (CAD) crisis had been somewhat
