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
2nd Platinum BSM Begins from 5th July in Chennai
Mumbai: After the success of the first edition of the ‘Platinum Buyer-Seller Meet’ (BSM), Platinum Guild International (PGI) is back with its second edition. The 2nd edition of the Platinum Buyer seller meet will be held in Chennai from 5th to 7th July 2017 exclusively for the manufactures & retailers of Platinum Jewellery in India. The agenda of the meet
KP Chair Held Meeting with GJEPC
Mumbai: The Chair of the Kimberley Process (KP), Mr. Robert Owen-Jones, Assistant Secretary, Australian Competitiveness Branch Department of Foreign Affairs and Trade visited India last week to acquaint himself with the workings of the Indian diamond industry and the system for implementing the KP Certification Scheme. In Mumbai, Mr Owens met a delegation of India’s Gem & Jewellery Export Promotion
Merlin Finds Two Pink Diamonds in Australia
Perth: Merlin Diamonds recovered two pink diamonds at its mine in Australia’s Northern Territory, the company said Monday. While extremely small at 0.039 carats and 0.025 carats, the rough stones indicate the possibility of finding further pink diamonds at the Merlin mine, according to a statement by the company. The miner discovered a 0.70-carat pink diamond earlier this year —
Win A Diamond Contest by HRD Antwerp
Antwerp: HRD Antwerp has organized from Monday July 3 to Sunday July 9, a Summer Contest on its Social Media platforms to discover what a diamond symbolizes for online community. “To participate, post an original photo or video about what a diamond symbolizes for you on your public Instagram account, and make us dream away with you,” says a press
WDC & KP Sign an MOU
Antwerp: Edward Asscher, President of the World Diamond Council, and Vice Minister Wei Chuanzhong, Chair of the Kimberley Process, signed a Memorandum of Understanding in Antwerp on Friday, May 23, formalizing the agreement for 2014 between the two organizations, according to which WDC finances and operates the Administrative Support Mechanism (ASM) on behalf of the Kimberley Process. The ASM provides
ALROSA Expects 5-Percent Growth in Rough Prices
Moscow: ALROSA expects that global rough prices will go up by 5% in 2014 over the last year, according to the ITAR-TASS report from St. Petersburg. This was disclosed to journalists on the sidelines of the St. Petersburg International Economic Forum by Fyodor Andreev, President of ALROSA. “We reckoned on a growth rate of 5%. I think it is achievable,”
Zimbabwe Orders Miners to Sell Gems through RBZ
Harare: The cash-strapped ruling ZANU PF government has issued an order to all diamond miners in the country to sell their gems through the Reserve Bank of Zimbabwe (RBZ). The permanent secretary in the Ministry of Mines, Francis Gudyanga, reportedly wrote a letter to the companies explaining that the central bank will use the diamonds to secure a government loan.
Antwerp Hosts WDC and KP Chair
Antwerp: The Antwerp World Diamond Centre (AWDC) welcomed the Kimberley Process (KP) Chair, His Excellency Wei Chuanzhong, Vice-Chair Bernardo Campos and the Mr. Edward Asscher, President of the World Diamond Council (WDC) for the purpose of renewing the Memorandum of Understanding (MoU) on the KP Administrative Support Mechanism (ASM). In 2012, the KP Plenary designated the World Diamond Council through
