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
DEF Hosts Record 2018 Diamonds Do Good Awards
Las Vegas: The Diamond Empowerment Fund (D.E.F) last week hosted its most successful Diamonds Do Good Awards to-date, held May 31 in Las Vegas. The funds raised will be used to provide higher education scholarships and assistance to empower young people living in diamond producing countries and where the diamond industry does business and to help communicate this ‘diamonds do
GJC Organizes PMI 4 in Goa from 12th to 14th June
Panaji: All India Gem and Jewellery Domestic Council (GJC)’s much anticipated grand jewellery exhibition show – Preferred Manufacturer of India (PMI) has been inaugurated by Mr. Vijai Sardesai Hon. Minister for Town and Country Planning, Agriculture, Factories & Boilers, Government of Goa. This is the 3rd in the fourth edition of Preferred Manufacturer of India (PMI) Grand Networking Meet. The grand
Gemfields Achieves Record Ruby Auction Results
London: Gemfields has announced the results of an auction of rough rubies held in Singapore from 5 – 9 June 2018. The rough rubies were extracted from the licence held and operated by Montepuez Ruby Mining Limitada (“MRM”), which is 75% owned by Gemfields and 25% by local partner Mwiriti Limitada. Highlights – Ruby Auction: Auction revenues of USD 71.8
China Cuts Import Tariffs on 18 Jewellery Categories
Beijing: China will be slashing import taxes on jewellery, as part of tariff reductions on a wide range of consumer goods, as of July 1. The Customs Tariff Commission of the State Council in China issued the “Notice on Reducing the Import Tariffs of Daily Consumer Goods” last week. According to the notice, China will cut Most Favored Nation (MFN)
Sky Gold Enters MSCI India Domestic Small Cap Index
Mumbai: Sky Gold & Diamonds Ltd, one of India’s fast-growing jewellery manufacturers, has been added to the MSCI India Domestic Small Cap Index, as part of the latest index review announced by MSCI. The inclusion marks an important milestone for Sky Gold, reflecting the company’s growing presence and relevance within India’s listed small-cap universe. A key development during the current quarter
CIBJO Pays Tribute to Vasant Mehta
Milan: The World Jewellery Confederation (CIBJO) mourns the passing of Vasant Mehta, a prominent leader of the Indian diamond and jewellery industry, who passed away yesterday at the age 81. A former chairman of the Gem & Jewellery Export Promotion Council (GJEPC), a position he filled from 2008 to 2010 after two terms as vice chairman, he represented the Indian
Vasant Mehta, Illustrious Leader of G&J Industry Dies
Mumbai: The Indian gem and jewellery industry has lost one of its most respected statesmen. Vasant Mehta, former Chairman of the Gem & Jewellery Export Promotion Council (GJEPC), passed away today, leaving behind a remarkable legacy built over several decades of dedicated service to the industry. A second-generation diamantaire, Mehta graduated from Calcutta University and moved to Mumbai in 1966,
BSM Brazil 2027 Returns to São Paulo with Expanded International Presence
São Paulo, Brazil: Following the remarkable success of its previous editions, Buyer Seller Meeting (BSM Brazil) will return to São Paulo in April 2027, further strengthening its position as Latin America’s premier international B2B event for the diamond, gemstone, jewelry and precious metals industries. Organized with the mission of connecting qualified buyers and leading international suppliers, BSM Brazil 2027 will welcome an even larger number
