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
WFDB Presidents Setting up Financial Taskforce
Antwerp: The WFDB will be creating a financial taskforce to follow up on the Finance Seminar held during the 2017 Presidents Meeting, President Mr. Ernie Blom told a press conference at the end of the event on Wednesday at the Bharat Diamond Bourse (BDB). Mr. Blom said that the comprehensive discussion on financing for the diamond industry, along with the
Tender of Russian Large Stones
Antwerp: I. Hennig Tenders will be tendering a large selection (approximately 250 stones) of large single rough stones (10.80 carats to 183 carats) of Russian origin. Viewings for the tender, to be held in Antwerp from February 15 to 23, are by appointment only. Commenting on the upcoming rough diamond tender, I. Hennig Tenders CEO, David Kuchler said, “We will
WFDB Presidents to Work Closely With DPA
Mumbai: World Federation of Diamond Bourses (WFDB) President Mr. Ernie Blom said media representatives on Wednesday that the organisation would work in close cooperation with the Diamond Producers Association (DPA) in order to help boost its generic diamond marketing efforts. Mentioning reports that the DPA was looking to boost its annual budget from the current $6 million, he said the
TBZ Reports 89% Increase in PAT
Mumbai: Tribhovandas Bhimji Zaveri (TBZ) yesterday reported a 89% surge in profit after tax (PAT) at Rs. 6.14 crore in the third quarter ended December 31 as compared to the same period of last year. The jewellery retailer’s PAT stood at Rs. 3.25 crore in the corresponding quarter of previous year. The total income from operations during Q3 of FY17
The Tariff is Illegal: US Supreme Court
Washington: US trading partners, including India, that have reached tariff deals with Donald Trump’s administration before the Supreme Court verdict, will now face a 10 per cent duty, despite higher levels they may have agreed on previously, the White House has said. The certification came after the US Supreme Court struck down Trump’s sweeping and often arbitrary duties, delivering a
PNG Jewellers Receives IAGES Accreditation
Mumbai: India’s gold industry is set to achieve the highest standards of ethical and responsible business practises followed, as more gold entities receive their Indian Association for Gold Excellence and Standards (IAGES) accreditation. Joining the fast-growing pan India network of verified gold retailers is the leading legacy brand PNG Jewellers (PN Gadgil Jewellers Ltd) that has received its IAGES accreditation.
De Beers Unveiled “Voyage Through the Diamond Realm”
New Delhi: De Beers unveiled “Voyage Through the Diamond Realm,” at India Art Fair 2026. The immersive installation invites audiences to explore the mythical origins of diamonds. Through visual storytelling, scenography and soundscapes, the installation reveals the living heritage of diamonds, their cosmic and earthly journeys across time. Positioned at the intersection of art, nature and human expression, the experience
BDB Launches its Official E-Newsletter
Mumbai: Mr. Bhushan Gagrani, IAS, Commissioner of the Brihanmumbai Municipal Corporation yesterday launched the first edition of ‘BDB e-News’, the official e-newsletter of Bharat Diamond Bourse (BDB). The newly launched news platform is part of a planned strategic upgrade in BDB’s use of digital communications to boost dissemination of information and stakeholder engagement. The launch took place at a special
