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
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BrilliAnt – 9th ADTF on January 28-30, 2018
Antwerp: Less than a week after the successful conclusion of the eighth edition of BrilliAnt – the Antwerp Diamond Trade Fair, the Organizing Committee announced the dates for the next edition: January 28-30, 2018. “Both visitors and exhibitors need to be able to plan ahead,” said Committee member Mr. Michel Nasielski. “Buyers’ groups and industry organisations that coordinate overseas buying
Belgium’s Rough Trade Buoyant in New Year
Antwerp: Belgium’s rough diamond trade surged again in the month of January, as the dollar value of rough exports from the diamond capital rose 30% while imports kept pace with a 31% increase compared to the same period in a year ago, according to figures from Antwerp World Diamond Centre (AWDC). Volumes were up as well, with Antwerp exporting nearly
Argyle Diamond Mine Faces Uncertain Future
Perth: Last year Rio Tinto’s diamond revenue slid 12%, leading them to review their plans to extend the life of the Argyle diamond mine, considering the global demand for rough had otherwise strengthened, writes The West Australian. Rio Tinto spent $US2.5 billion expanding the Argyle mine below ground with an expected lifespan reaching 2021. Should they decide not to continue
Single Organization for Italian Shows Founded
Rome: Italian Exhibition Group Spa (IEG), the company generated by a merger between Rimini Fiera and Fiera di Vicenza, and Arezzo Fiere e Congressi Srl have signed a strategic agreement creating a single organization for shows involving the gold and jewellery industry. Following the agreement with Arezzo Fiere e Congressi, Italian Exhibition Group, besides organizing the three editions of VICENZAORO
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
