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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GJEPC Expects De Beers to Drive Categorization
Mumbai: Through a communication addressed to GJEPC, De-Beers informed it’s foray into synthetic diamond business with the launch of a new line of fashion jewellery in September, 2018. Simultaneously on Tuesday, De Beers through a press statement introduced Lightbox, a label selling fashion jewellery at lower prices than existing lab grown diamond offerings GJEPC expects that with the introduction of branded, synthetic
De Beers to Launch Fashion Jewellery Brand with LGD
New York: De Beers Group yesterday announced the launch of a new company called Lightbox Jewelry that will begin marketing a new brand of laboratory-grown diamond jewelry under the Lightbox name in September, offering consumers high-quality, fashion jewelry designs at lower prices than existing lab-grown diamond offerings. Lightbox lab-grown diamonds will retail from US$200 for a quarter-carat stone to US$800
IIJS this Year to be Bigger with Dynamic Changes
Mumbai: The 35thedition of Premier IIJS 2018 is all set to showcase India’s leadership role in the gem and jewellery sector from 9thAugust – 13th August, 2018 at Bombay Exhibition Centre, Goregaon. Organised by GJEPC, IIJS will witness the biggest assembly of retailers, wholesalers, distributors and designers and around 40,000 domestic and international footfalls this year. The duration of the show will
IIGJ, Jaipur Released Annual Souvenir
Jaipur: Indian Institute of Gems & Jewellery released their annual souvenir on 27th of May, 2018. On this occasion the directors of Indian Institute of Gems & Jewellery Jaipur Shri Pramod Agarwal (Chairman – GJEPC), Shri Sudhir Kasliwal (Honorary Secretary, IIGJJ), Shri Rajiv Arora (Director, IIGJJ), Dr. Nawal Agarwal (Director, IIGJJ), Shri Vijay Kedia (Director, IIGJJ) and other eminent trade personalities
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
RBI Allows Private Agencies to Import Gold
Mumbai: The Reserve Bank of India (RBI) yesterday eased tough gold import rules by permitting seven more private agencies to import the yellow metal. It is a measure that industry officials say could increase supplies and reduce premiums in the peak wedding season. Gold imports by India, the world’s No. 2 bullion consumer after China, could quickly rise from current
GJEPC Flays Surat Diamantaires on Bourse Plan
Mumbai, 22nd May: The Gems and Jewellery Export Promotion Council (GJEPC), of India has criticized the move by some diamantaires in Surat to shift their Mumbai operations to the proposed Surat Diamond Bourse (SDB) in Surat, reports The Times of India. GJEPC chairman Vipul Shah said, “It is not the prerogative of 50 diamantaires to decide and win over others
