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
Petra Diamonds' Revenue Gets High Jump
Johannesburg: Petra Diamonds said revenue leapt 48 percent in the first fiscal half because of steady demand following a stabilization in the rough market. Sales grew to $228.5 million during the six months that ended December 31, the miner reported. Excluding ‘exceptional’ diamonds, revenue rocketed 51 percent from a year ago to $217.6 million. Total sales by volume jumped 47
Diamond Marketing Focus of Seminar at Brilliant
Antwerp: BrilliAnt – the Antwerp Diamond Trade Fair has published its seminar programme schedule for the three-day show. The seminars, to be presented by the World Diamond Mark Foundation (WDM), HRD Antwerp NV and the Diamond Producers Association (DPA), will focus on many aspects of diamond and diamond jewellery marketing. The seminar programme will kick off on Sunday, January 29,
Ernest Blom on How to Plan for the New Year
Mumbai: Ernest (Ernie) Blom, President of World Federation of Diamond Bourses (WFDB) presented a webinar for GemAtlas live from Johannesburg on January 13, which was attended in large numbers by the gems and jewellery industry, globally, and witnessed eager participation. Mr. Blom offered expert business advice on mindful ‘Planning for the New Year’. Talking about demand and supply forecasts, Mr.
ORRA Promises to Make Your Gold More Precious
Mumbai, 20th January, 2017: 2017 has ushered in with it a season of celebration through weddings in India! Celebrating this season of togetherness, ORRA has launched exciting offers on gold jewellery that will run until the 17th of February. Patrons will be privy to offers on exchange of gold jewellery as well as flat discounts on making charges. Commenting on
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
