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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Lucara Finds 472 ct. Diamond from Karowe Mine
Gaborone: Lucara Diamond Corp.’s 100% owned Karowe Diamond Mine in Botswana has yielded up another large diamond. This one, at 472 carat, is the third largest stone recovered at Karowe, Lucara said. It is a top light brown gem diamond. Lucara CEO, Eira Thomas commented, “In 2018, mining at Karowe is focused in the high value south lobe, which consistently
Celebrate this Akshay Tritiya with Platinum
Mumbai: Celebrate auspicious Akshaya Tritiya this year with the pure white metal, Platinum. On this day ‘white’ is considered auspicious and is of special significance, for it symbolises purity. The word “Akshaya” means never diminishing in Sanskrit and the occasion is celebrated with white payasam, jasmine flowers; kolam and even white utensils are used for the puja. Platinum is a
Fura Appoints Thompson Group as Creative Agency
Toronto: Fura Gems Inc., a gemstone mining and marketing company, has appointed the Thompson Group as their creative agency. The Thompson Group will lead the development of a marketing initiative to build awareness and establish prestige branding for Colombian Emeralds and Mozambique Rubies. This is part of the Company’s overall plan to structure the coloured gem market and unlock significant
Registration Starts for 2018 World Diamond Congress
Antwerp: The official website of the 38th World Diamond Congress has gone live, allowing participants to register for the June 19-21 biennial gathering of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA). The three-day gathering, organised by the Israel Diamond Exchange, will take place at the Hilton Hotel in Tel Aviv, starting with committee
Gold Faces Pivotal H2 as Geopolitical Risk
New York: After a volatile start to the year, gold now faces a pivotal second half that will be shaped by unpredictability from geopolitics, rates, and investor sentiment, according to the Gold Mid-Year Outlook 2026 released by the World Gold Council (WGC) recently. Gold set more than 12 all-time highs and reached a record US$5,405/oz in late January before pulling
Nearly 80% of Belgian Diamond Traders Pass First-Ever Anti-Money Laundering Exam
Antwerp: For the very first time, the Belgian FPS Economy and the Antwerp World Diamond Centre (AWDC) organized a large-scale anti-money laundering (AML) exam for Belgian diamond traders. The sector delivered strong results, with nearly 80%of the 196 participants passing the test. The exam, which assesses knowledge of Belgian AML obligations, is part of broader efforts to further strengthen compliance
Gemfields CEO to Step Down: Ruby Auction Fetches $23.1 Mln.
London: Gemfields Group recently announced that its CEO Mr. Sean Gilbertson will step down by mutual agreement on 15 July 2026, with Chief Financial Officer Mr. David Lovett appointed Interim CEO while retaining his current role. The Board has begun the process of identifying a permanent successor. The announcement coincided with the results of Gemfields’ inaugural Trade Select ruby auction,
GJC Calls for Balanced Policy & Consumer Friendly Reforms
Mumbai: The All India Gem & Jewellery Domestic Council (GJC) released yesterday its half‑yearly review of the gold and silver market for 2026, noting that the first six months of the year were marked by historic peaks in bullion prices, followed by corrections that reshaped consumer sentiment and industry outlook. The Council emphasized that taxation changes, customs duty hikes, and global geopolitical
