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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HRD Antwerp Collaborates with Gem Lab
Antwerp: HRD Antwerp and Gem Lab, a division of Malca-Amit Group announced a new collaborative service whereby Gem Lab becomes an authorized ‘HRD Antwerp LabDirect Program’ participant. Gem Lab will serve as the point of contact for clients in their network who wish to obtain an HRD Antwerp grading report. They will handle all logistics and administration, allowing HRD Antwerp
JNA Awards & RJC to Jointly Promote Best Practices
Hong Kong: The JNA Awards and the Responsible Jewellery Council (RJC) are joining forces to promote best practices in the international jewellery and gemstone industry. A world-renowned programme organised by UBM Asia, the JNA Awards recognises, celebrates and encourages excellence and innovation in the global jewellery trade. Now in its seventh edition, the Awards will culminate in a glittering awards
New Feature of Data Matrix Code on Diamonds
London: At the recent JCK Las Vegas, Everledger and Dharmanandan Diamonds Pvt. Ltd. (Dharmanandan Diamonds) successfully showcased a new innovative feature with the inscription of Data Matrix code on diamonds, as part of the Diamond Time-Lapse Protocol with full anchoring onto the Everledger blockchain platform. The Diamond Time-Lapse Protocol, launched in February this year, is the industry data protocol using
India Pavilion at JCK Las Vegas Marks its 15th Year
Mumbai: 38 Indian gem and jewellery exporters are participating under India Pavilion organized by The Gem & Jewellery Export Promotion Council(GJEPC) for the 15th consecutive year at the leading jewellery event in North America, JCK Las Vegas. Every year, top gem and jewellery manufacturers from India comes up with the latest and exquisite jewellery made for the US market at
Barclays Fined $44 Million over Gold Fix
London: British authorities have fined Barclays, one of five banks that sets the price of gold each day in the London fix, nearly $44 million after a former trader improperly influenced the price-setting mechanism, reports jckonline.com. The British Financial Conduct Authority said that, in 2012, Daniel James Plunkett, a director on the bank’s precious metals desk, placed certain orders meant
GJF Announces Day-Long Interactive Workshop ‘Labham’
Mumbai: The All India Gems and Jewellery Trade Federation (GJF) and all major G&J Trade Associations, has announced the first-ever educational ‘Labham’ programme on 1st June 2014 in Rajkot onwards for all jewellers, manufacturers, traders and other constituents of the G&J businesses in and around Rajkot. It will be held in Chennai on 10th June and in New Delhi on
Gold Prices May Decline to Rs 24,000 by Diwali
Mumbai: Following the Reserve Bank easing the 20:80 gold import norms, India Bullion & Jewellers Association (IBJA) said gold prices are likely to fall to Rs 23,000-24,000 per 10 grams by Diwali as it also expects the Customs duty reduction in the forthcoming Budget, reports The Freepress Journal. “RBI’s easing of 20:80 gold import norms is positive for the gems
CIBJO and Fairtrade International Sign MOU
Moscow, 23rd May: CIBJO and Fairtrade International have signed a Memorandum of Understanding according to which Fairtrade commits to working with CIBJO and its member organizations to improving certified Fairtrade gold supplies to the jewellery markets and members of CIBJO-associated organisations, and CIBJO commits to facilitating and encouraging its members to adopt and integrate fairtrade gold and metals into their
