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
World Diamond Mark Launches Part of You Campaign
Hong Kong: The World Diamond Mark Foundation (WDM) has soft-launched its global diamond promotion campaign with the emphasis on diamond jewellery retailers. It includes the brand-new B2C website www.passion.diamonds and corresponding social media channels. The campaign, released under the slogan “Part of You™,” aims to enthuse consumers for diamonds, by engaging them with human stories about diamonds and diamond jewellery,
Gem Diamonds Unearths 98 ct. Diamond
Maseru: Gem Diamonds has discovered a 98.42-carat rough diamond at its Letšeng mine in Lesotho, the company said Tuesday. The miner will sell the D-color, type-II diamond in June, alongside an 80.58-carat stone unearthed earlier this month. During the first quarter, Letšeng yielded 25,479 carats — an 11% decline from the same period a year ago. “It is encouraging that
Xifu Design Competition: Entries End on 31st May
Hong Kong: Jewellery designers all over the world have until 31 May 2017 to submit their entries for the inaugural Xifu International Gold Wedding Jewellery Design Competition. Organised by JNA and CJNA of UBM Asia, the World Gold Council and the People’s Government of Yantian District, Shenzhen, the biennial competition aims to usher in a new era in gold wedding
CaratLane Opens Its Store in Ghaziabad
Mumbai: CaratLane, India’s omni-channel jeweller is going strong in the Delhi/NCR region with its 7th store inaugurated at Shipra Mall, in Ghaziabad. For a brand that’s on a mission to democratize access to jewellery, this store launch, the 7th in Delhi/NCR region and 17th in the country, is another step forward in expanding its retail footprint and making its jewellery
ADB's Profit -31%, Interest Income +13%
Antwerp: The Antwerp Diamond Bank (ADB), a subsidiary of the KBC Bank, reported that its balance sheet fell 7 percent year on year to $2.4 billion (EUR 1.692 billion) in 2013, according to a report published on Rapaport. A selective credit issuing policy during the year held the bank’s number of debtors stable, and global net interest income rose almost
Chow Tai Fook to Buy Hearts On Fire for $150 Mn
Beijing: Chinese retailer and manufacturer Chow Tai Fook is buying all the assets of diamond brand Hearts On Fire for $150 million in cash, reports jckonline. The company will be run as a standalone division under current management, a statement said, though there are plans to introduce the brand into Chow Tai Fook’s retail network in Hong Kong, China, Macau,
Hardest Synthetic Diamond Ever Made Unveiled
Beijing: Chinese researchers from Yanshan University have created a synthetic diamond harder than its natural counterpart and able to withstand even hotter temperatures, according to a report published in mining.com The team, led by Yongjun Tian, says the new form of diamond could be used to make superior cutting or crushing tools, capable of operate under very extreme conditions. The
'Presidents Forum' Formed
Antwerp: The heads of the jewellery and diamond industry’s four leading international representative bodies have agreed on Tuesday to establish “The Presidents Forum,” which is a joint consultative committee with its members being the presidents of each organization. Together they will discuss and formulate coordinated strategies and policies for the industry on important issues of common interest. Hosted by Dr.
