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
ALROSA in Top 3 Mining Companies in Russia
Moscow: ALROSA, the world leader in diamond mining by volume, was placed among the top three mining companies in Russia for environmental responsibility. The diamond company entered TOP-3 list in all the categories of the rating which are Environmental Management/Policy, Environmental Impact, Disclosure / Transparency. According to the jury assessing the rating, these positions reflect the leadership both in terms
Govt. Clarifies Why Rio Abandoned Bunder Project
Bhopal: The Opposition Congress is eyeing the withdrawal of global mining giant Rio Tinto from the Chhattarpur diamond mines in Madhya Pradesh suspiciously. Congress’ deputy leader of Opposition Bala Bachchan raised the issue during the Question Hour in the state assembly on Tuesday and asked mining minister Rajendra Shukla for a copy of the agreement signed between the government and
KGK Group Joins JNA Awards 2017 Partner Roster
Hong Kong: KGK Group has joined as a Partner for the 2017 edition of the JNA Awards. KGK Group is the latest name to be added to the stellar roster of sponsors led by Headline Partners Rio Tinto Diamonds and Chow Tai Fook, together with fellow Honoured Partners the Shanghai Diamond Exchange, Guangdong Gems & Jade Exchange, and Guangdong Land
Shenzhen Bourse to Embrace Polished Diamonds
Shenzhen: The Shenzhen Rough Diamond Exchange (SRDE) plans to expand into polished trading and is preparing to rename itself to reflect the upgrade, reports Rapaport. The bourse is in the process of rebranding as the Shenzhen Diamond Exchange and has been trailing imports of polished diamonds since late last year, a spokesperson for the organization told Rapaport News on Wednesday.
GJC Requests Formation of Gujarat State Level Vigilance Committee
Ahmedabad: The All India Gem and Jewellery Domestic Council (GJC) yesterday informed that it had formally requested the Government of Gujarat to establish a State Level Vigilance Committee dedicated to protecting the interests of jewellers across the state. A high-level delegation from GJC, led by Chairman Mr. Rajesh Rokde, Vice Chairman Mr. Avinash Gupta, Director Mr. Salim Daginawala, ZCM Mr. Avi Shah,
Before You Buy Gold, Follow the Golden Rule
Mumbai: The Indian Association for Gold Excellence and Standards (IAGES), a Self-Regulatory Organization established by and for the Indian gold industry, has unveiled an exciting new campaign #PehlaCheckIAGES to elevate gold industry standards across the country. The IAGES framework of accreditation was formed with a vision to set the highest standards of integrity and excellence across the entire gold value
De Beers & GJEPC Leaders Discuss Market Challenges
Mumbai: Mr. Paul Rowley, Executive Vice President, Diamond Trading, De Beers Group, met the GJEPC leadership at the Bharat Diamond Bourse in Mumbai on 28 November. Rowley was joined by Sean Lin, VP Sales, De Beers Group, and Sunil Dias, Diamond Consultant, De Beers. The De Beers officials were received by GJEPC’s leadership including Kirit Bhansali, Chairman; Shaunak Parikh, Vice
Flanders Allows Foreign Diamond Workers in Antwerp
Antwerp: The Council of Ministers of the Flemish Government decided on the proposal of Minister of Work Zuhal Demir, that foreign workers may be employed for the shortage occupations of diamond polishers and diamond sorters. The decision is an important boost for the Antwerp diamond sector, which faces a structural shortage of these specialised profiles. They are scarcely available on
