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
EGL Uncovers 4 Synthetics in Parcel of 20 Stones
Ramat Gan: In an unusual case, EGL International in Israel said it has discovered four synthetic diamonds in a parcel of 20 stones submitted by a long-time client, reports idexonline.com. The lab-grown diamonds were uncovered in the first phase of testing using FTIR infrared spectroscopy, said EGL International Managing Partner and CEO, Guy D. Benhamou, who added that the diamonds
Bitcoin Growing in Adoption
New York: The cyber currency bitcoin is seeing increasing adoption, said a May 31 panel on “Bitcoin and the Jewelry Industry: What You Need to Know.” “In terms of the world’s economic system, bitcoin is doing small numbers,” said the panel’s moderator Verichannel CEO Jacques Voorhees, whose son works for a bitcoin company. “But the adoption rate is soaring.” Some
Fresh Diamond Looting Spree in Marange
Harare: Observers have reported a fresh diamond looting spree, with security and army chiefs said to be working hand in glove with senior mining companies’ staff in the scam. Reports said the swindle is being spurred on by panic among mining staff members who are not sure of their fate following a government announcement that it will streamline diamond mining
GJEPC Launches New Business Development and Marketing Campaign
Las Vegas, 31st May: The Gem & Jewellery Export Promotion Council (GJEPC) of India announced a major, new, multi-level business development campaign at a news conference focused on the U.S., Canadian and South American markets. The purpose of the campaign is to re-invigorate, strengthen and expand GJEPC’s business development efforts and build trusted relationships between India’s key jewelry industry companies
