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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
Anil Agarwal to Buy 13% Stake in Anglo American
Mumbai: Mr. Anil Agarwal, an Indian mining billionaire, plans to buy as much as 2 billion pounds ($2.4 billion) of Anglo American Plc shares in the market after a merger proposal failed last year, reports Bloomberg. The full stake would equate to about 13 percent of Anglo’s stock, making Agarwal the second-largest shareholder after South Africa’s Public Investment Corp. It
UAE Nominates Maryam Al Hashemi For KP Committee
Dubai: Ahmed Bin Sulayem, the 2016 KP Chair, has nominated Maryam Al Hashemi, the UAE KP Director, as the 2017 Chair of the Committee of Participation and Chairmanship (CPC) of the Kimberley Process. The Committee on Participation and Chairmanship assists the Chair of the Kimberley Process in handling the admission of new participants and advises if a participant fails to
GJSCI Ties up with IIGJ, JAJ, Jaipur for RPL Program
Mumbai: Gem & Jewellery Skill Council of India (GJSCI), Indian Institute of Gems & Jewellery (IIGJ), Jaipur and Jewellery Association, Jaipur (JAJ) signed a Tri-Party Agreement to train and certify the artisans of Jaipur under the RPL programme Pradhan Mantri Kaushal Vikas Yojana (PMKVY) Scheme. The signing of MoU was witnessed by Mr. Pramod Agrawal of IIGJ – Jaipur, Mr.
Russian Dy. PM Meets Indian G&J Industry
Mumbai: A high powered Russian delegation led by Yuri Trutnev, Hon’ble Deputy Prime Minister of Russia and Presidential Envoy to the Russian Far East discussed closer collaboration between the gem and jewellery industries of the two countries with representatives of the GJEPC and BDB during a visit to the Bharat Diamond Bourse in Mumbai yesterday. The delegation comprised a number
Platinum Love Bands Unveils ‘Unlock with Love’ Campaign
Mumbai: This wedding season, Platinum Love Bands breaks away from traditional product launches. The brand orchestrates an emotionally charged social experiment that captures a connection invisible to most until now. Rings have long stood as symbols of love — seen by the world, but holding meaning only the couple understands. The truest parts of a relationship are often unspoken: a
WGC Launches ‘It’s Aaj ka Gold’ Campaign
Mumbai: The World Gold Council (WGC) recently announced the launch of its first India-focussed gold ETF campaign, built around the powerful core message ‘It’s Aaj Ka Gold’ (means ‘Today’s gold). The campaign is aimed at modernizing gold investment for the nation’s digital-savvy young investors. The campaign aims to address the awareness–action gap and reinforce the accessibility, liquidity and strategic relevance
GJSCI’s Initiative on Tribal Youth Empowerment
Mumbai: The Shrimad Rajchandra Skill Development Centre, set up in partnership with the Gem & Jewellery Skill Council of India (GJSCI) in September 2022, is helping tribal youth in Dharampur, Valsad, in southern Gujarat build sustainable careers in the gem and jewellery sector. The centre offers training in jewellery CAD design, a key skill in modern jewellery manufacturing. Supported by
Zen Diamond Opens Store in Chandigarh
Chandigarh: Zen Diamond continues to expand its presence in India with the opening of its latest boutique at Nexus Elante Mall, Chandigarh. After establishing a strong foothold in Mumbai with stores in Bandra and Borivali, and further strengthening its presence in Bengaluru with two stores, Zen Diamond now brings its hallmark of exquisite craftsmanship and modern design to North India.
