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
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Men's Platinum Jewellery Grows by 130%
Mumbai: The demand for platinum jewellery for men has been on a steady upswing in recent years. With a registered growth of 130% YOY, men’s platinum jewellery is one of the fastest growing segments in precious jewellery. The increasing demand for platinum chains and bracelets for men in the past few years, indicates the promising growth of this category. The
CIBJO Certified as Carbon Neutral in 2016
Milan: For the fourth consecutive year, CIBJO, the World Jewellery Confederation, has been certified as carbon neutral, after offsetting its greenhouse gas emissions for 2016. It did so as part of its own Greenhouse Gas Measurement Initiative, which it launched in 2014 to promote environmental consciousness and responsibility in the greater jewellery industry. To become carbon neutral, CIBJO’s carbon footprint
Jewellers Out of Money Laundering Act
New Delhi: The GST Council on Friday eased rules for exporters and gave relief to small and medium scale enterprises (SMEs) on filing returns and paying taxes, 3 months after the Goods and Services Tax legislation came into effect since July 1. In the 22nd GST Council meeting, taxes were cut on more than two dozen items. The government will
Jewellers Happy Over Relief on PMLA
Mumbai: All India Gems and Jewellery Trade Federation (GJF), national nodal trade body for the promotion and growth of trade in gems and jewellery across India, welcomed the Government’s decision to keep Gems & Jewellery Industry out of the ambit of Prevention of Money Laundering Act (PMLA). Over the past few weeks, GJF along with Industry delegates had series of
Gold Smuggling Arrests Jump 750% YoY in India
Mumbai, 14th April: While cases of gold smuggling in India have jumped 265% from 40 in 2012-13 to 146 in 2013-14, the number of people arrested has shot up by 750%, from 30 in 2012-13 to 255 in 2013-14, data from the Directorate of Revenue Intelligence shows, according to a report published in Mineweb. “Gold imports through the legal channel have
