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
Stellar Deal Combines Sierra Leone Diamond Mines
Freetown: Stellar Diamonds has partnered with Octea Mining in a deal that will enable the two companies to combine their diamond mining operations in Sierra Leone. The agreement — which the companies signed last week — “will allow Stellar to build a single mine for the simultaneous commercial production” from its Tongo asset and Octea’s adjacent Tonguma kimberlite deposit, explained
US Economy Makes Slow Start to 2017
New York: The American economy put in its slowest quarterly growth rate in three years in first three months of the year, increasing by an annualized 0.7 percent, according to the Commerce Department. Ironically, the annual growth rate for the quarter is far below the 2.5 percent pace in President Barack Obama’s final three months in office, and even further
Botswana Vulnerable to Weak Diamond Market
Gaborone: Standard & Poor’s (S&P) maintained its negative outlook for Botswana last week due to the country’s continued reliance on the diamond sector. While diamonds account for approximately 80% of Botswana’s total exports and about one-third of its gross domestic product, the economy remains vulnerable to a weak performance in the sector, the financial-services company said Friday. “The negative outlook
Fresh Defeat for Zimbabwe in Diamonds Battle
Harare: The state-run Zimbabwe Consolidated Diamond Company (ZCDC) has been barred by the High Court from pillaging diamond ore which belongs to Mbada Diamonds (Pvt) Limited, in a new setback for government’s troubled mining project. Mbada has been granted an interdict stopping the ZCDC — formed last year through a forced merger of Marange Resources, Gye Nyame, Diamond Mining Corporation,
GJEPC Reinforces India’s Diamond Leadership at ICC Conclave
Kolkata: The Indian Chamber of Commerce (ICC) hosted the Diamond Conclave 2.0, themed “India Shining for the Global Stage,” with GJEPC as co-partner. The conclave, held in Kolkata on 30th August, brought together industry leaders, policymakers, and trade experts to deliberate on the challenges and opportunities shaping the future of India’s gem and jewellery sector. In his address, Sabyasachi Ray, Executive Director,
India Pavilion at Jewellery Show London
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC)-led India Pavilion is hosting Indian Jewellery manufacturers at the Jewellery Show London from 31st August to 1st September at Olympia London . The SELECT exhibitors, including G.C. Gems Corp, Minal Info Jewels, Steckbeck Jewellery Pvt. Ltd, Sejal Exports, Romil Jewellery, Blossom Jewels LLP, Dharam Export (India) Pvt Ltd, Shrinath Roto pack
GDP Growth Reflects Resilience of India’s Economy: Kirit Bhansali
Mumbai: India’s strong services activity has helped GDP growth comfortably beat expectations for the second quarter in a row, rising to an impressive high of 7.8% for April-June 2025. The swift growth in the first quarter of the current financial year further consolidates India’s position as the world’s fastest growing major economy. Currently the world’s fourth-largest economy, India is on
Kalyan Jewellers Launches Showroom in Dibrugarh
Mumbai: Kalyan Jewellers yesterday launched its all-new showroom at K.C Gogoi Path, Khalimari in Dibrugarh. Actor Genelia Deshmukh inaugurated the showroom, which aims to further strengthen the brand’s presence in the region. The showroom offers an array of exquisite designs from Kalyan Jewellers, featuring popular house brands such as Muhurat (Wedding Jewellery Line), Mudhra (Handcrafted Antique Jewellery), Nimah (Temple Jewellery)
