We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
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Argyle Pink Diamonds Tender Showcased in London
London: Rio Tinto’s iconic Argyle Pink Diamonds Tender has arrived in London as part of its global showcase of the rarest pink, red and violet diamonds in the world. Celebrating the launch of its new partnership with storied UK jeweller, Boodles, the 2016 Argyle Pink Diamonds Tender is in London for the first time since HRH Queen Elizabeth’s Diamond Jubilee
Price Drop Likely to Spur demand: WGC
Mumbai: Gold prices have dropped after the Reserve Bank of India (RBI) recently slashed interest rates. World Gold Council (WGC) opines that the price drop is likely to spur demand that elaborates on the latest movement in gold price and its impact on the gold markets in India and worldwide. The gold price fell by over three percent on 4
CIBJO Releases Pearl Commission Special Report
Milan: With three weeks to go to the opening of the 2016 CIBJO Congress in Yerevan, Armenia, on October 26, 2016, the seventh of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Pearl Commission, headed by Kenneth Scarratt, the report details improvements to the Pearl Blue Book of accepted standards, practices and nomenclature; the development of
RBI Cuts Interest Rates by a Quarter Point
Mumbai: Reserve Bank of India (RBI) Governor Urjit Patel cut interest rates by a quarter point as forecast by economists citing softening inflation outlook and retained growth forecast but said outlook is improving with good monsoon. All six of the monetary policy committee unanimously voted in favour of the rate cut. “The Committee expects that the strong improvement in sowing,
Early Bird Discount for “TREASURES”
Lisbon: If you haven’t done so yet, there are still a few days to register with the reduced Early Bird rate and secure your seat for the second edition of TREASURES, an award-winning international colloquium that will take place under the patronage of the President of the Republic of Portugal at the Royal Treasure Museum, Palácio Nacional da Ajuda, in
First-Ever Sale of 100% Traceable Artisanal Diamonds from Congo
Antwerp/Kinshasa: Today, fully traceable, artisanal diamonds from the Democratic Republic of Congo were sold on the international market for the very first time in Antwerp. The diamonds, originating from the Kasai region, are part of OrigemA:a Belgian-Congolese initiative that provides artisanal miners with access to international markets, guarantees fair prices, and supports the livelihoods of more than 3 million people. During this first
New Source of Paraíba Tourmalines Reportedly Discovered in Ethiopia
Basel: Copper-bearing tourmalines—widely known in the trade as Paraíba tourmalines—have captivated gem dealers, collectors, and enthusiasts around the world since they first appeared on the market in the late 1980s. The Swiss Gemmological Institute SSEF has received credible reports from trade sources that indicate a new deposit of copper-bearing tourmaline has been discovered in Ethiopia. To date, the number of
Lukson Opens its 10th Exclusive Store in Bandra
Mumbai: Lukson, one of India’s fastest-growing lab-grown diamond jewellery brands and the D2C arm of the 34-year-old JK Star Group, announced the opening of its 10th exclusive retail store in Bandra, Mumbai, one of India’s most coveted fashion, luxury, and lifestyle destinations. The milestone opening marks a significant chapter in Lukson’s rapid retail expansion and reinforces the brand’s commitment to making
