We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
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Italian Gold & Jewellery Trade Show Merger Approved
Vicenza: A merger announced in January between the Italian Exhibition Group Spa (IEG) and Arezzo Fiere e Congressi has been approved, thus creating a single representative trade show platform for the entire sector Italian gold and jewellery industry. IEG was created by the merger of Rimini Fiera and Fiera di Vicenza. The agreement was signed by Lorenzo Cagnoni, President and
Alrosa Readies Clients for New Contract Period
Moscow: Russian diamond miner Alrosa briefed its long-term clients last week on the requirements for its new three-year contract period, which begins in 2018. To determine whether clients qualify for the “Alrosa Alliance” program, the company will evaluate their applications and assess their cooperation during the current contract period, the miner said. Alrosa — the largest diamond producer by volume
India’s Supreme Court Won’t Try for ‘Kohinoor’
New Delhi: India’s Supreme Court has told officials pushing for fresh attempts to bring the priceless Koh-i-Noor diamond, now part of the British crown jewels, that it cannot interfere in the diplomatic process nor can it direct another country to not auction the gem. The 105-carat Koh-i-Noor diamond, which came into British hands in the mid-19th Century, has been on
Zimbabwe Opposes New 'Conflict Diamonds' Definition
Harare: Zimbabwe said it will not support the civil society’s sponsored move to expand the definition of conflict diamonds to include issues such as human rights. Mines minister Walter Chidhakwa told Rough & Polished that Harare engaged the South Africans on the sidelines of the African Mining Indaba last February and they also indicated their discomfort with the overhaul of
Sky Gold and Diamonds Appoints MSKA & Associates
Mumbai: Sky Gold and Diamonds Limited has appointed M/s M S K A & Associates LLP, Chartered Accountants, a member firm of BDO International, as the Statutory Auditors of the Company and its material subsidiaries, subject to shareholders’ approval. The appointment has been approved by the Board of Directors following the recommendation of the Audit Committee. The move marks a
Reena Ahluwalia’s Painting Accessioned into Smithsonian
Toronto: Visual Artist Reena Ahluwalia’s painting, “The Legacy of The Winston Red Diamond,” has been accessioned into the Smithsonian National Museum of Natural History. At a May 6 ceremony in the Janet Annenberg Hooker Hall of Geology, Gems, and Minerals, Dr. Gabriela Farfan, the Coralyn W. Whitney Curator of Gems and Minerals, accepted the painting. This is the first contemporary
India’s PM Appeals People Not to Buy Gold
New Delhi: India’s Prime Minister Mr. Narendra Modi has appealed country’s citizens not to buy gold for one year. His may have sounded unusual at first, especially in a country where gold is deeply linked to tradition, savings and family celebrations. But behind the statement lies a larger economic concern: pressure on India’s foreign exchange reserves and the weakening rupee
WDC ‘A Champion for Natural Diamond Trade’
Antwerp: The World Diamond Council (WDC) is a champion for the natural diamond trade, with the primary objective of building confidence in natural diamonds and helping the trade sell them, according to its incoming President Ronnie VanderLinden. He was speaking at the Annual General Meeting of the WDC, which took place May 7, 2026, in Antwerp, Belgium. Taking office at
