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
D.E.F. Bestows Diamonds Do Good Awards
Las Vegas: On the eve of the opening of JCK Las Vegas show, the Diamond Empowerment Fund (D.E.F.) raised over $1,060,000 to provide scholarships and assistance to empower young people globally. Anna Martin, D.E.F President and V.P Global Development and Beneficiation, GIA, said, “This event symbolizes the collective good the diamond and jewellery industry continues to do in communities around
GJF Organized ‘Labham’ Seminar
Mumbai: All India Gems and Jewellery Trade Federation (GJF), the apex trade body of gems & jewellery, conducted yet another ‘Labham’ powered by Fischer, Prince Hallmarking Centre and co-powered by Dosti Realty on 5th June 2017 in Mumbai. We also received a whole hearted support from our associate sponsors Nakoda Hallmarking, Augustino, Acme Infinity, supported by Waman Hari Pethe Jewellers,
Argyle Diamond Coin Trilogy Unveiled at Perth Mint
Perth: Rio Tinto and The Perth Mint have showcased a A$1.8 million one-of-a-kind coin collection featuring three coloured diamonds from the Argyle Diamond Mine. Known as The Australian Trilogy, the beautiful collectable comprises three precious metal coins each hand crafted with a pink, purple pink and violet diamond unearthed from Rio Tinto’s Argyle Diamond Mine in the east Kimberley region
Gaetano Cavalieri Joins Fijian Delegation at UN Con.
New York: Gaetano Cavalieri, the President of CIBJO, has joined a high-level delegation from the Republic of Fiji, led by the country’s Prime Minister, Frank Bainimarama, at the Oceans Conference at the United Nations in New York, to outline and promote the development of a sustainable pearl farming sector in Fiji. The project will work to fulfil UN Sustainable Development
Grown Diamonds Gaining Popularity
New York: According to a recent press release by Frost & Sullivan consultancy, there is positive consumer outlook for grown diamonds, but challenging supply side factors restrain their market potential. Demand for colorless diamonds in value and volume terms is higher than any other color of diamond in the gems and jewellery industry. One of the key factors that prevented
Inaugural Ruby Auction Nets $33.5m – Gemfields
Johannesburg: The inaugural auction of rough ruby and corundum mined at Aim-listed Gemfields’ 75%-owned Montepuez deposit, in Mozambique, has raised $33.5-million, taking the coloured-gemstones mining and marketing company’s overall revenue for rough gemstone sales to in excess of $143-million for the current financial year. The auction, held in Singapore from June 12 to 17, had included both high- and low-quality
GJEPC Demands Relaxations from Govt.
Mumbai: The Gems and Jewellery Export Promotion Council (GJEPC) has urged the government to reduce import duty on gold and silver to 2 per cent from 10 per cent. An official News Release received by this website says that the body has also demanded for scrapping the existing 80:20 scheme, which was imposed by the government in August last year,
36th World Diamond Congress Concludes
Antwerp: The 36th World Diamond Congress concluded in Antwerp, Belgium, and reflected strength in the attendance and the presence of international diamond, gem stone and jewellery industry organization delegates. These included the representatives of 30 bourses affiliated to the World Federation of Diamond Bourses (WFDB), 15 members of the International Diamond Manufacturers Association (IDMA), the two bodies that organize the
