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
Yoram Dvash Re Elected as President of IDE
Ramat Gan: Israel Diamond Exchange (IDE) President Yoram Dvash was re-elected earlier this week for a second term of three years at a General Assembly of bourse members. Yesterday IDE held elections for its board of directors, as well as members of the Control Committee. Sixteen new board members were elected to the directorate. During the past two years as
JNA Awards 2018 Announces New Partners
Hong Kong: Chow Tai Fook Jewellery Group and Shanghai Diamond Exchange (SDE) continue as proud Headline Partners of the prestigious JNA Awards 2018. While the KGK Group, Guangdong Gems & Jade Exchange and Guangdong Land Holdings Limited (GDLAND) are returning as Honoured Partners for 2018. The JNA Awards is recognized as one of the jewellery industry’s most respected awards programmes.
Victor Mine to Close Down in Q1 2019
De Beers Group has announced that its Victor mine in northern Ontario, Canada, will complete mining and production activities in the first quarter of 2019, once the current open pit is depleted and in line with the original feasibility study and current mine plan. Production at Victor mine commenced in July 2008. The mine was forecast to produce six million
GJEPC to Set up CFC at Thrissur, Kerala
Mumbai: The Chairman of India’s Gem & Jewellery Export Prpmotion Council (GJPEC) Mr. Praveenshankar Pandya, during his recent visit to Kerala to inaugurate the Kerala Jewellery show, announced to set up Common Facility Center (CFC) at Thrissur, Kerala. CFC in this region would give a huge boost in production and quality of manufacturing jewellery by giving access of modern machines
European Natural Diamonds Exempted from US Tariffs
Antwerp: Natural diamonds cut in Europe will once again be exempted from US import tariffs. This brings an end to the 10% import tariff that had been in effect for the past six months. The restored exemption is significant news for the Antwerp diamond sector: Antwerp is Europe’s leading diamond-cutting centre, and the United States is a major trading partner
De Beers’ Rough Production Rises 88% in Q2 2026
London: De Beers has reported that its rough diamond production was 88% higher at 7.8 million carats, reflecting the impact of the extended maintenance shutdown in the comparative period at Orapa in Botswana, as well as the planned mining of higher-grade ore at both Jwaneng in Botswana and Gahcho Kué in Canada. Planned plant maintenance at Orapa and Jwaneng during
Only Natural Diamonds Should be Graded with 4Cs: CIBJO
Milan: The Diamond Commission of the World Jewellery Confederation (CIBJO) has insisted that the 4C polished diamond grading system (cut, color, clarity, and carat weight) should only be used for natural stones, but not synthetic ones. In the Special Report prepared for the upcoming 2026 CIBJO Congress, the Commission’s head Udi Sheintal also urged the industry’s stakeholders to use the
Forevermark Diamond Jewellery Enters East India
Kolkata: Forevermark Diamond Jewellery from De Beers Group has strengthened its presence in East India with the launch of its new store at South City Mall, Kolkata, marking the opening of its 10th store in India and another significant milestone in the brand’s retail expansion journey. Inaugurated by filmstar Raima Sen, the store brings Forevermark’s signature collection of natural diamond jewellery to one of the
