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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Anantha Padmanaban Elected as VC of GJF
Mumbai: The All India Gems & Jewellery Trade Federation (GJF) has unanimously elected Mr. Anantha Padmanaban as its Vice Chairman. He is currently Zonal Chairman – South and he is the Managing Director of NAC Jewellers, Chennai. Welcoming his appointment, Mr. Nitin Khandelwal, Chairman, said “I am pleased that Mr. Anantha Padmanaban has been unanimously elected as the Vice Chairman
Signature IIJS Ended with Positive Note
Mumbai: The Signature IIJS 2018 closed yesterday with positive note. The show unveiled the most coveted premium jewellery and jump-started the new buying season from 9th – 12th February, 2018 at Bombay Exhibition Centre. The event hosted more than 670 exhibitors and 1,500 plus stalls and attracted 16,000 visitors from pan India and more than 55 countries. Buyer delegations were
GJEPC to Ensure All-round Growth of G&J Sector
Mumbai: Chairman of The Gem & Jewellery Export Promotion Council (GJEPC), Mr. Pramod Agarwal, in the press conference and interaction held at the venue of the Signature IIJS 2018, said in his opening statement that the GJEPC was working towards the all-round growth of the gems and jewellery industry. “The industry is facing several challenges,” said Agarwal. “These include those
Zimbabwe to Exempt Diamond Miners from 51% Rule
Harare: Zimbabwe appears ready to consider applications from companies mining platinum or diamonds to be exempt from a requirement that they be at least 51% owned by black citizens of the country, provided they can show they have a plan to achieve compliance, mines minister Winston Chitando said in an interview in Cape Town on Wednesday. One such company that
Gold Smuggling Arrests Jump 750% YoY in India
Mumbai, 14th April: While cases of gold smuggling in India have jumped 265% from 40 in 2012-13 to 146 in 2013-14, the number of people arrested has shot up by 750%, from 30 in 2012-13 to 255 in 2013-14, data from the Directorate of Revenue Intelligence shows, according to a report published in Mineweb. “Gold imports through the legal channel have
