We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Top News
Purvi Shah Appointed As New ED of RJC
Mumbai: The Responsible Jewellery Council (RJC) has appointed Purvi Shah, currently head of ethical and sustainable value chains at De Beers, as its next executive director, effective Feb. 7, 2026. She will succeed John Hall, who has served as interim executive director since Melanie Grant’s departure in January. Shah has been with De Beers for 17 years and has served
New Digital Innovation Reinforces Antwerp’s Global Leadership
Antwerp: The Belgian diamond federation Antwerp World Diamond Centre (AWDC) has launched an innovative digital customer screening tool, based on Regulatory Technology (RegTech) and tailored to the specific needs of the diamond industry. With this new application, the Antwerp diamond sector takes an important step forward in the prevention of money laundering, helping diamond companies to meet their legal Anti-Money
GJSCI Signs MoU with APSSDC
Mumbai: The Gem & Jewellery Skill Council of India (GJSCI) has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh State Skill Development Corporation (APSSDC) to implement skill training programmes. The collaboration will encompass Short-Term Training programs, upskilling modules, and Recognition of Prior Learning assessments, designed to enhance talent development in the gems and jewellery sector. Through these structured
GSI and Mindron Unveil TRUSURE APEX
Mumbai: Gemological Science International (GSI) and Mindron announced the launch of the Trusure Apex, a state-of-the-art and advanced diamond screening instrument, at a recent event. Powered by GSI, this groundbreaking tool is engineered to detect natural diamonds, lab-grown diamonds (CVD and HPHT), and non-diamond simulants such as CZ, across various jewellery types and categories, including loose, mounted, and complex polki
RBI Relaxes Norms for Lending against Jewellery
Mumbai: The Reserve Bank of India yesterday relaxed the norms by allowing Loan-To-Value (LTV) ratio to be done at the average of the closing price of 22 carat gold for the preceding 30 days. The Bank has prescribed that the valuation of gold jewellery for arriving at the Loan-To-Value (LTV) shall be done at the average of the closing price
Diacam360 to Debut at Upcoming JCK Las Vegas
New York: DiaCam360, a small, portable, effective and affordable scanning device that creates high quality photos and 360-degree, interactive videos of polished diamonds, will debut in the USA at the upcoming JCK Show in Las Vegas, May 29 to June 1, 2015. The DiaCam360 will be demonstrated at the Shirtal Group Booth #B5450 in the Diamond Plaza, Bayside, Level 1.
WFDB Looking Forward to Financing Debate
Antwerp: World Federation of Diamond Bourses (WFDB) President Ernie Blom says the participation of De Beers Group CEO Philippe Mellier in the Presidents Meeting to be held in Tel Aviv from June 14 to 16 2015 will serve to sharpen one of the biggest debates that will take place at the biennial meeting – the difficulty of securing finance and
DMCC Tradeflow Launches ‘Loans for Diamonds’
Dubai: Financing the trade in rough diamonds took a major step forward in Dubai as DMCC Tradeflow, the dedicated online platform for registering possession and ownership of commodities stored in UAE-based facilities, launched “Loans for Diamonds” in partnership with the Commercial Bank of Dubai (CBD) and Rocks International DMCC, the Dubai Multi Commodities Centre (DMCC) announced recently. According to DMCC,
