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
De Beers Partners with UN Women
Gaborone: De Beers Group and United Nations (UN) Women, in collaboration with Botswana’s Ministry of Nationality, Immigration and Gender Affairs, yesterday announced a BWP8 million, three-year investment in capacity-building programmes to support women micro-entrepreneurs in select villages in the Okavango Delta and Kweneng District. The announcement was made at yesterday’s W Summit in Gaborone, convened by De Beers, which focuses
Argyle Pink Tender Delivers Record Result
Perth: Rio Tinto’s 2017 Argyle Pink Diamonds Tender collection of 58 rare pink, red and violet diamonds from its Argyle mine has delivered a record result, reflecting strong global demand for these increasingly rare diamonds. Known as Custodions of Rare Beauty, the 2017 collection of 58 pink, red and blue diamonds was highly sought after with the winners comprising collectors,
CIBJO Congress 2017 Successfully Concluded
Bangkok: CIBJO, the World Jewellery Confederation, has successfully concluded its annual congress in Bangkok, Thailand. The three-day event, running from November 5 through 7, brought from around the world some 150 official delegates and a total about 300 participants, and covered a wide range of issues on the agenda of the international gemstone and jewellery industry. There was a strong
India International Diamond Week Begins in Mumbai
The first ever India International Diamond Week organised within the country by The Gem & Jewellery Export Promotion Council (GJEPC) opened this morning at the JW Marriott Hotel in Sahar, Mumbai. The show has 48 leading Indian diamond companies as exhibitors and nearly 115 international visitors from across 11 countries including USA, China, Turkey, Russia, South Korea, Taiwan, Middle East
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
