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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PNG Jewellers Gets Two Retail Jewellers' Awards
Mumbai: PNG Jewelers sparkled the brightest by bagging twin awards at the prestigious ‘Retail Jewellers Awards 2016’ including, ‘The best 360 marketing campaign of the year’ and the ‘Best Platinum jewellery of the year award’ PNG Jewellers have placed special focus on their design elements this year, and the efforts have borne fruits. They have been rightly awarded the ‘Best
CIBJO Proposes Thailand Strengthen Regional Role
Milan: CIBJO President Gaetano Cavalieri has proposed that Thailand position itself as the primary access point to the gemstone and jewellery industries and markets of the ASEAN bloc in Southeast Asia, serving as a centre that connects and services the entire region, and also acting as a bridge-way that links it to the world. He was the keynote speaker at
Lucara Reports Strong First Half Year Earnings
Vancouver: Lucara Diamond Corp has reported strong first half year earnings, with second quarter revenues of $140.8 million or $1,824 per carat resulting in first half revenues of $191.4 million. The first half revenue compared favorably with the $67.8 million in revenue over the same period in 2015. Lucara’s results were boosted by the sale of the 813-carat “Constellation” diamond,
Why Do Indians Buy So Much Gold? RBI to Study
Mumbai: The Reserve Bank of India (RBI) has set up a committee to study Indian household financing pattern and why they spend large sum of money on gold. The panel will look at various facets of household finance in India and to benchmark India’s position vis-a-vis both the peer and advanced countries, it said in a statement on Thursday. The
Entries Invited for Artisan Awards
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has been recognizing and rewarding the best in jewellery design. The Artisan celebrates the highest levels of artistry, innovation and individuality, elevating jewellery designers to their rightful status of artists. The Artisan jewellery Design Awards 2014 invites India’s finest jewellery designers to push their design boundaries and reveal their utmost creativity
GJF Asks Finmin to Rationalize Duty
New Delhi: The All India Gems and Jewellery Trade Federation (GJF) has asked the government to at least double the gap between the import duties on raw gold and finished product to protect domestic manufacturers stressed by various curbs on raw material sourcing from overseas. In a meeting with the finance minister, senior executives of the association demanded the government
2nd Annual Banking Summit Held by GJEPC
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) organized second annual Diamond, Gem & Jewellery Banking Summit-2014 on Saturday, 28th June 2014 in Mumbai. At the end of the Summit, a Work-Group was formed consisting representatives of India’s diamond sector, Banks and Export Credit Guarantee Corporation (ECGC) to suggest solutions to improve cordial relations among them. Delivering the inaugural
Stéphane Fischler Re-Elected President of AWDC
Antwerp: On Wednesday June 25, during the first meeting of the new Board of Directors of the Antwerp World Diamond Centre (AWDC) the Board members reelected Stéphane Fischler as President of the AWDC. The Board of Directors also appointed Kaushik Mehta as Vice-President, representing the trade, and Freddy Inzlicht as Vice-President representing the Bourses. In 2012, the by-laws of the
