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
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
John Stamos Proposes with a Platinum Ring
Mumbai: The subtle and simplistic elegance of platinum has made it the most preferred choice for engagement rings amongst couples across the world. Leading this trend are the celebrities who are known for indulging their partners with the most exquisite platinum engagement rings. The Full House (and Fuller House) star John Stamos recently proposed to model Caitlin McHugh with a
De Beers’ Diamond Conference on 7th Nov
Gaborone: The De Beers diamond conference on sustainability is set to take place on 7 November 2017 in Gaborone, Botswana. De Beers said the conference, which would be convened in partnership with the Botswana ministry of mineral resources and under the guidance of the United Nations Office for Partnerships (UNOP), would focus on ways the diamond sector can work together
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
