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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India’s G&J Exports Expected to Increase 15%
Mumbai: Despite demonetisation in India, the Gem and Jewellery Export Promotion Council (GJEPC), apex body of diamond industry, is expecting that the polished diamond exports will increase by 10-15 per cent to the United States under the presidency of Donald Trump. Praveen Shanker Pandya, chairman of GJEPC said, “It is believed that with the policy drafted by the US President-elect
Diavik Mine to Increase Output by 14%
Toronto: Dominion Diamond Corporation forecast production at the Diavik mine in Canada will increase by up to 14 percent this year after output rose in 2016. The miner projected rough-diamond recovery of 7.1 million to 7.6 million carats in 2017, with all mining taking place underground. Production increased 4 percent to 6.7 million carats in 2016, but was below the
Diamond Prices to be Flat this Year: ALROSA
Moscow: Alrosa’s CEO Andrey Zharkov believes that diamond prices will be flat this year, according to an Interfax news agency report. Alrosa is basing its budget plan on an assumption that diamond prices will be unchanged, while output will increase by 5 percent on 2016. He said the mining giant may also repay part of its debt ahead of schedule
Bruce Cleaver Highlights Keys to Success
Gaborone: Speaking at a reception for customers of its Global Sightholder Sales business during the first Sight of 2017, Bruce Cleaver, De Beers Group CEO, yesterday highlighted the importance of all parts of the diamond sector working together, following the unpredictable events of a volatile year in 2016. Commenting on the value of different parts of the diamond pipeline finding
JGW Hong Kong Honours Sustainability Champions
Hong Kong: The Winners and Finalists of the Sustainability Awards 2025 by JWA (Jewellery World Awards) were celebrated at a Recognition Ceremony hosted last night by the industry’s No.1 jewellery sourcing destination – Jewellery & Gem WORLD Hong Kong (JGW). Powered by Informa Markets Jewellery, the Awards programme recognises exceptional sustainability initiatives within the fine jewellery, gemstone and related sectors.
Diwali Edition of GJS Opens in Mumbai
Mumbai: The India Gem & Jewellery Show (GJS2025) – Diwali Edition officially opened yesterday with a grand inauguration ceremony at the Jio World Convention Centre, Mumbai. The prestigious event was inaugurated by Chief Minister of Maharashtra, Mr. Devendra Fadnavis who attended the #HamaraApnaShow as Chief Guest, marking a proud moment for the Indian gem and jewellery industry. Also graced by
Augmont Receives Promising Gold Bullion Refiner Award
Mumbai: Augmont Enterprises Ltd., one of India’s established gold platforms, has been recognized with the prestigious “Promising Gold Bullion Refiner (All India)” award at the India Gold Conference (IGC) 2025. This recognition reflects the company’s role in contributing to the evolving bullion industry. At the conference, Mr. Ketan Kothari, Director at Augmont, was presented with the IGC Excellence Award 2025:
Take Blood Donation Pledge on Jeweller’s Day
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is calling upon every citizen to take a Blood Donation Pledge on Jeweller’s Day and actively participate in blood donation drives that will follow, in honour of the skilled craftsmen who are the backbone of India’s gem and jewellery industry. This initiative reflects the industry’s deep commitment to social responsibility and
