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
HKTDC Announces World’s Largest Jewellery Show
Mumbai: Two of the jewellery industry’s leading trade fairs are set to open in Hong Kong in late February to early March. Organised by the Hong Kong Trade Development Council (HKTDC), the 4th Hong Kong International Diamond, Gem & Pearl Show will take place from 28 February to 4 March at the Asia World-Expo, while the 34th Hong Kong International
India Diamond Week Opened in New York
New York: The 6th India Diamond Week organised by The Gem & Jewellery Export Promotion Council (GJEPC) opens yesterday with 48 diamond manufacturers displaying their products on the Trading Floor of the Diamond Dealers Club, New York. The 3½ day event concludes on Thursday, January 26. The annnual trading platform has been established to assist Indian diamantaires develop and strenthen
India’s December 2016 G&J Exports Up 22.4%
Mumbai: India’s exports of Gem & Jewellery for Dec.2016 recorded $3.09 bn showing a growth of 22.38% as compared to exports worth $ 2.53 bn for the same month year 2015, according to data released by the Gem & Jewllery Export Promotion Council (GJEPC) of India. The country’s exports for 9-month FY 2016-17, reached $ 32.03 bn and was 11.76%
ALROSA to Display Unique Diamonds at IDWI
Ramat Gan: Large and unusual stones mined by Russia’s Alrosa promise to be key attractions at the sixth International Diamond Week in Israel (IDWI) which will be held from February 13 to 16. The special stones will be prominently displayed on the trading floor of the Israel Diamond Exchange (IDE). Alrosa will display three big rough diamonds of 83.59, 90.52
Antwerp Seizes Parcel of Banned CAR Diamonds
Antwerp: The Antwerp diamond industry, represented by the Antwerp World Diamond Centre (AWDC), is stepping up its efforts in combatting conflict diamonds. The city, largely owing its reputation as the most transparent and strictly controlled diamond trade centre to the rigorous controls of all diamond imports and exports at the Antwerp Diamond Office, is determined to continue its strong commitment
GJF to Get Council Status Soon
Mumbai: The All India Gems and Jewellery Trade Federation (GJF) expects to receive the status of council within the next two to three months, reports Business Standard. The federation said it would be easy to represent issues faced by gems and jewellery industry before government after receiving the status of the council. “We have already asked the concerned ministry in
GIA Considering Second India Lab
Mumbai: With its Mumbai grading lab taking more than four months to grade and return clients’ diamonds, the Gemological Institute of America may open a facility in the Indian manufacturing hub of Surat. A GIA release said it will “study the feasibility” of a second India lab, which would be the GIA’s 10th worldwide. It did not provide a possible
Platinum Strike Deal Edges Closer
Johannesburg: Labour negotiations at South Africa’s PGM mines are edging closer to a resolution as talks mediated by a ministerial task team continue. July platinum softened for a fifth session in a row on Wednesday to $1,433 an ounce and is down sharply from the $1,493 level less than two weeks ago over renewed hopes for an end to the
