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
Israel’s IDW From February 5, 2018
Ramat Gan: The Israel Diamond Exchange (IDE) has announced that the next International Diamond Week in Israel (IDWI) will be held on February 5 – 7, 2018. This popular event has become a staple on the global diamond calendar, and attracts hundreds of international buyers every year. IDWI has established a reputation as a prime trading opportunity for diamond dealers,
Promoting Thailand as Global G&J Trading Hub
Bangkok: Thailand successfully hosted the annual World Jewellery Confederation meeting or CIBJO Congress 2017, emphasizing the country’s position as world’s gems and jewellery trading hub. The event welcomed renowned gems and jewellery traders worldwide, opening new opportunities to seek international partnerships. General Prayut Chan-o-cha, Prime Minister of Thailand presided over the CIBJO Congress 2017 opening ceremony on November 6. “It
Malca-Amit Develops Digital Payment Solutions
Hong Kong: Malca-Amit announced it has taken a lead investment in a revolutionary Fintech startup named Mazalit. The venture, founded and headed by veteran diamantaire Zeev Maimon, has developed a b2b blockchain-based payment platform that will gradually bring solutions like instant mobile payment, escrow services, billing and credit services to the global diamond, gem and jewellery industry and trade. Malca-Amit’s
India Gold & Jewellery Summit on 1-2 Dec
New Delhi: India’s Gem & Jewellery Export Promotion Council (GJEPC) will be hosting the first ever India Gold & Jewellery Summit at Vigyan Bhavan, Delhi on December 1 & 2, 2017 to bring together all stakeholders of the industry on a common platform. The aim is to help in defining a clear gold policy framework that will promote transparency and
De Beers Signs $37M Deal for BT Networking
Gaborone: The De Beers Group selected BT for a range of IT and networking services with a six year contract and at a cost of $37 million. BT will orchestrate IT services across 70 De Beers locations, including exploration and mining sites, drawing on capabilities of the BT Connect portfolio that provides fiber optic, microwave and satellite linkages, as well
Chaim Zohar Awarded Life Membership of DDC
Johannesburg: Renowned diamond industry journalist Chaim Even-Zohar has been awarded an Honorary Life Membership of the Diamond Dealers Club of South Africa (DDC) for his lifetime dedication and contribution to the diamond industry. Ernie Blom, Chairman of the DDC and World Federation of Diamond Bourses President, presented Even-Zohar with the membership certificate. “We, as the Diamond Dealers Club of South
ALROSA and DDC Sign MoU
Las Vegas: ALROSA and Diamond Dealers Club of New York signed a Memorandum of Understanding (MoU) aimed to develop the diamond industries of Russia and the USA.The document was signed at an official ceremony in Las Vegas on 30 May by Reuven Kaufman, President of the DDC, and Alexander Malinin, Director of “Brillianty ALROSA” (ALROSA’s cutting and polishing division). The
Surat to Set Diamond Bourse in 2 Lakh Sq. Yards
Surat: Surat, known as a hub for processing of rough diamond is readying itself to set up a world class diamond bourse having trading facilities which will integrate processing and house all those interested in diamond business at one place, reports The Times of India. The proposed bourse may be of the size of the one existing in Mumbai. Mumbai’s
