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
GJEPC & DMCC Working out Cooperation
Singapore: India’s Gem and Jewellery Export Promotion Council (GJEPC) is working with the Dubai Multi Commodities Centre (DMCC) to set up goods delivery standards for gold and diamond trade, a senior industry official said here. According to a report published in businessworld.in, gold and diamond form a major part of the multi-faceted trade and commerce relationship between India and the
ALROSA Recovers 98.63-Carat Large Diamond
Moscow: ALROSA has recovered a large gem-quality diamond of 98.63 carats from Jubilee (Yubileynaya) pipe. The company’s business unit Aikhal Mining and Processing Division (MPD) extracted this diamond at the processing plant No.14. A transparent yellow-tinted octahedron crystal with inclusions of olivine, graphite and sulphide measures 28.96 х 28.03 х 27.30 mm. Director of the United Selling Organization (USO) ALROSA
AWDC-Bain & Co. Present Global Diamond Report
Moscow: Bain & Company’s seventh annual Global Diamond Report finds rough-diamond players are likely to increase their marketing spend by about 50 percent over previous years to promote the diamond story Diamond producers staged a strong comeback in 2016 with demand for rough diamonds spurring a 20 percent increase in revenues as mining companies sold down inventories accumulated in 2015.
How to Build a Winning Team: A Book by CIBJO
Milan: “People: Our Greatest Asset,” an employee recruitment, motivation and retention guide prepared specifically for the jewellery industry is now available for downloading on the CIBJO website. Authored by Jonathan Kendall, President of the CIBJO Marketing & Education Commission, the 60-page book provides a practical approach to the employment and induction of professional staff, reward and recognition systems for motivating
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
