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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CIBJO Releases Precious Metals Sp. Report
Milan: With fewer than eight weeks to go to the opening of the 2017 CIBJO Congress in Bangkok, Thailand, on November 5, 2017, the second of the CIBJO commissions’ Special Reports has been released. Prepared by CIBJO President Gaetano Cavalieri and Karina Ratzlaff, Vice President of the organisation’s Precious Metals Commission, the report focuses on the background and global impact
Think Pure Awards by PNG Jewellers
Pune: In fond reminiscence of Late Shri Dajikaka Gadgil’s 103rd Birth Anniversary, PNG Jewellers successfully concluded the fourth edition of Think Pure Awards on Monday, 11th September, 2017. The awards night held at Balgandharva Rangamandir, Pune celebrated the epitome of performing arts and culture. The event was graced by many prominent personalities like Pune Mayor Sau. Mukta Tilak, Mr. Girish
MIJEX Being Organized from 24th Oct 2017
Muscat: Oman International Exhibition Centre is proud to announce the 8th Muscat International Jewellery Exhibition 2017 (MIJEX) to take place on October 24-28, 2017 at Oman Convention and Exhibition Centre, Muscat, Oman. MIJEX has been organized and well received among traders and buyers for seven consecutive years as the exhibition features a wide range of masterpiece jewellery from various leading
India Harmonizes GST for Rough Diamonds
Mumbai: The GST Council in its 21st meeting held on 9th September 2017 has recommended changes in the rate structure of various items including products falling under Chapter 71. As per the GST rates announced for rough diamonds the industrial and unsorted rough diamonds has been classified under 3% rate of GST and non-industrial rough diamonds were classified under 0.25%
2nd Annual Banking Summit Held by GJEPC
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) organized second annual Diamond, Gem & Jewellery Banking Summit-2014 on Saturday, 28th June 2014 in Mumbai. At the end of the Summit, a Work-Group was formed consisting representatives of India’s diamond sector, Banks and Export Credit Guarantee Corporation (ECGC) to suggest solutions to improve cordial relations among them. Delivering the inaugural
Stéphane Fischler Re-Elected President of AWDC
Antwerp: On Wednesday June 25, during the first meeting of the new Board of Directors of the Antwerp World Diamond Centre (AWDC) the Board members reelected Stéphane Fischler as President of the AWDC. The Board of Directors also appointed Kaushik Mehta as Vice-President, representing the trade, and Freddy Inzlicht as Vice-President representing the Bourses. In 2012, the by-laws of the
No Assurance from India on Easing Gold Curbs
Mumbai: A delegation of diamond traders and representatives of Gems and Jewellery Export Promotion Council (GJEPC) met the Union Finance Minister, Arun Jaitley recently, demanding relaxation in various rules relating to gems and jewellery industry. The Finance Minister, however, remained reluctant to give any assurance on the existing gold import’s 80-20 rule, which allows only nominated agencies to import gold
Zimbabwe Running Diamond Sector like ‘Mafia’
Harare: Zimbabwean opposition politician Innocent Gonese has said that Zimbabwe’s ruling Zanu PF party needs to stop running the country’s diamond sector “like a mafia where everyone involved in the management of the gems is a thief.” The comments were made at a public forum organized by the Southern African Political and Economic Series (SAPES Trust) in Mutare, reported the
