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
Top News
Vladivostok to be Developed as Diamond Center
Moscow: The free port of Vladivostok will develop as a diamond center, Sergey Ivanov, President of ALROSA told TASS following a working meeting with the leadership of the Republic of Sakha (Yakutia) in its capital, the City of Yakutsk. “Just last week, Yury Trutnev held a meeting to support the Russian diamond-cutting industry, and a number of decisions were made
Christie's Geneva Takes Magnificent Jewels on Tour
Geneva: Christie’s upcoming auction of Magnificent Jewels will take place on May 17 at the Four Seasons Hotel des Bergues. Consisting of approximately 250 exceptional jewels, it will include a thematic section comprising 30 exceptional pieces from Italian makers, important gem stones, coloured diamonds and signed jewels. Prior to the auction, a selection of pieces will go on tour to
Baselworld Exhibition Shortened by Two Days
Basel: The Baselworld exhibition will be two days shorter in 2018 after fewer buyers and exhibitors attended this year’s show. A total of 106,000 buyers took part in the event which ended Thursday, down 4% from the previous year, the show’s organizers reported. The number of exhibitors fell 13% to 1,300, according to National Jeweler. Organizers said they were responding
LDB Appoints Ethical Issues Advisor
London: The London Diamond Bourse (LDB) has appointed Katherine Chappell as its Special Advisor for Ethical Issues to its Council of Management. Chappell is a longstanding member of London Diamond Bourse and a specialist in fair trade principles. Victoria McKay, the LDB’s Chief Operating Officer, commented, “Kathy’s knowledge of the gemstone and diamond industry is second to none with particular
AGL Celebrates Five Years under New Management
New York, 15th April: American Gemological Laboratories (AGL), a provider of high-quality gemstone analysis and reporting is celebrating its five-year anniversary under the stewardship of Christopher P. Smith. “Five years ago, AGL was re-privatized during one of the most difficult periods the US and world financial markets have experienced in recent decades. AGL, however, had a good reputation and we did
Gold Smuggling Arrests Jump 750% YoY in India
Mumbai, 14th April: While cases of gold smuggling in India have jumped 265% from 40 in 2012-13 to 146 in 2013-14, the number of people arrested has shot up by 750%, from 30 in 2012-13 to 255 in 2013-14, data from the Directorate of Revenue Intelligence shows, according to a report published in Mineweb. “Gold imports through the legal channel have
