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
GJSCI’s Initiative on Tribal Youth Empowerment
Mumbai: The Shrimad Rajchandra Skill Development Centre, set up in partnership with the Gem & Jewellery Skill Council of India (GJSCI) in September 2022, is helping tribal youth in Dharampur, Valsad, in southern Gujarat build sustainable careers in the gem and jewellery sector. The centre offers training in jewellery CAD design, a key skill in modern jewellery manufacturing. Supported by
Zen Diamond Opens Store in Chandigarh
Chandigarh: Zen Diamond continues to expand its presence in India with the opening of its latest boutique at Nexus Elante Mall, Chandigarh. After establishing a strong foothold in Mumbai with stores in Bandra and Borivali, and further strengthening its presence in Bengaluru with two stores, Zen Diamond now brings its hallmark of exquisite craftsmanship and modern design to North India.
Rio Tinto Concludes Its Final Beyond Rare Tender
Perth: Rio Tinto has brought its celebrated Beyond Rare Tender series to a close, presenting 52 lots of exceptional fancy colour diamonds sourced from its Australian and Canadian mines. Titled “Into The Light,” the event was the third and final edition in Rio Tinto’s annual Art Series. With the Argyle Diamond Mine having ceased operations in 2020 and the Diavik
GJEPC Submits Pre-Budget Proposals to Govt.
New Delhi: India’s Gem & Jewellery Export Promotion Council (GJEPC) submitted a set of pre-budget proposals to the Government of India in New Delhi on 7th November, aimed at improving ease of doing business and boosting exports. The Council proposals were put forth by Mr. Kirit Bhansali, Chairman, GJEPC; Mr. Anoop Mehta, Convener – Diamond Panel; Mr. K. Srinivasan, Convener
Platinum Becomes Cheaper Than Gold
Mumbai: As platinum becomes cheaper than gold, demand for platinum jewellery is zooming in the Indian market. Platinum jewellery retailers said that in February and March, demand shot up 40-50% and this trend is likely to continue in the upcoming wedding season that kicks off next month. Platinum price is currently hovering around Rs 26,300 per 10 gm as compared
Antwerp Police Commissioner Arrested
Antwerp: The Antwerp Federal Police Commissioner and head of the Diamond Squad, Agim De Bruycker, has been arrested and held on suspicion of money laundering after the discovery of diamonds and gold worth €50,000 ($55,000) in his home. According to reports in the Belgian press, the commissioner declined to explain how he had obtained the large amount of diamonds and
Asia's First Diamond Grading Institute in Surat
Surat: It is going to be a big day for the Indian diamond industry. De Beers, the diamond mining giant of the world, will inaugurate its second and Asia’s first state-of-the-art International Institute of Diamond Grading and Research (IIDGR) in the diamond city on March 31. De Beers Group CEO, Philippe Mellier and the who’s who of the Indian diamond
Jewellery Industry to Discuss Sustainability
Chicago: The jewelry industry community has announced “The Jewelry Industry Summit,” an open forum to discuss sustainability and responsible sourcing. The goal of the event is to create awareness of supply chain challenges and develop tools to mutually benefit the jewelry industry and create business opportunities and new sources of value for suppliers and the consumer. The summit, being held
