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
HRD Antwerp India Inaugurates Education Campus
Mumbai: HRD Antwerp has always been a global front-runner for industry related education, which includes diamonds, gemstones and jewellery. With the Indian gem and jewellery industry being a global leader when it comes to exports of diamonds, gemstones and jewellery, HRD Antwerp earlier this year decided to expand its education activities in India, and is now opening a brand new
‘Forevermark’ Strikes New Partnership in Goa
Goa: Diamonds are a symbol of eternity. Forevermark, the diamond brand from The De Beers Group of Companies and Manek Gem Art International, two stalwarts of the jewellery world have been long associated and identified for their extraordinary work of art and flawless craftsmanship had organised a press meeting in Goa. Forevermark diamonds are the world’s most carefully selected diamonds.
Global Gold Demand Falls 9% in Q3
Mumbai: Global gold demand in Q3 2017 was 915 tonnes (t), a drop of 9% compared with the same period in 2016, according to the World Gold Council’s (WGC) latest Gold Demand Trends report. This decline was led by two key factors: a softer quarter in the jewellery sector and significantly lower inflows into exchange-traded funds (ETFs). Global jewellery demand
Sotheby’s to Auction Donnersmarck Diamonds
Geneva: To mark ten highly successful years of dedicated Noble Jewels sales in Geneva, Sotheby’s will offer at auction The Donnersmarck Diamonds, a pair of extraordinary Fancy Intense Yellow diamonds with impeccable aristocratic provenance. The superb diamonds, formerly in the Collection of the Princely Family von Donnersmarck, consist of a cushion-shaped diamond weighing 102.54 carats, and a pear-shaped diamond weighing
More Indian Women are Choosing Natural Diamonds
Mumbai: The domestic natural diamond jewellery market continues to witness strong growth momentum, with the country emerging as the world’s second-largest diamond jewellery market. India contributes 12% of global diamond jewellery demand, up from 10% in 2019, surpassing both China and Japan. According to a recent study, ownership of natural diamond jewellery among Indian women has increased from 11% in
GIA Acquires 30% Shareholding in TRACR
New York: De Beers Group and GIA (Gemological Institute of America) yesterday announced the signing of a definitive agreement for GIA to acquire a 30 per cent shareholding in Tracr, the De Beers Group-backed company behind the development of the pioneering diamond provenance blockchain-driven platform. The agreement marks a significant milestone in Tracr’s evolution towards independence and reflects GIA’s confidence
De Beers Introduces Desert Diamonds Icons
Las Vegas: At the annual JCK Las Vegas Show – the largest jewellery event in the global calendar – De Beers Group yesterday set out its view on the way forward for the natural diamond sector, calling on the trade to work together to capitalize on the early success of the Desert diamonds ‘beacon’ campaign with the introduction of Desert diamonds Icons. The Desert
Dr. Akinwumi Adesina is Chairperson of Diamonds for Development Fund
Gaborone: The Government of the Republic of Botswana and De Beers Group are delighted to confirm that Dr. Akinwumi Adesina has been appointed as the Diamonds for Development Fund’s Chairperson. Dr. Adesina is a widely respected global leader and renowned development economist with close to 40 years of experience in global and African development issues. He was the 8th elected President
