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
WHP Jewellers Receives IAGES Accreditation
Mumbai: In India’s highly dynamic gold sector, consumers are increasingly seeking retailers who follow a strict Code of Conduct that offers transparency, trust, and sustainability across the entire gold value chain. To establish a stringent framework across the industry, the Indian Association for Gold Excellence and Standards (IAGES), a Self-Regulatory Organisation (SRO) established by and for the Indian gold industry,
Senco Gold Clocks Record Sales of ₹1700+ cr. for October
Mumbai: Senco Gold & Diamonds has reported the highest ever retail sales for the month of October in its 85+ year old history! Senco clocked sales of over ₹1,700 crore for the month backed by robust festive buying for Diwali and Dhanteras, registering a 56% YoY growth over October last year. Gold value for the brand went up by 60%
NDC, Dubai Jewellery Group Host ‘The Diamond Dialogue’
Dubai: Natural Diamond Council (NDC), a global not-for-profit organization collaborating the natural diamond industry and its entire value chain, hosted first-ever edition The Diamond Dialogue in partnership with Dubai Jewellery Group (DJG). The Diamond Dialogue was a thought-provoking industry roundtable that brought together leading voices from the UAE’s jewellery sector to discuss the evolving landscape of the natural diamond industry.
Platinum Love Bands Unveils New Season Collection
Mumbai: Platinum Love Bands has unveiled its new Season Collection — a tribute to the unspoken language shared between couples. Rooted in the belief that every love story has its own dialect, one the world may not understand, this collection transforms those quiet connections into something you can wear — something you can cherish for life. These aren’t just rings.
Impasse Regarding KP Vice Chair Remains
Luanda: The impasse regarding the second most important post of the Kimberley Process, whose vice presidency is being disputed by Australia and Dubai still remains without a sign of consensus. Last Tuesday, the interventions relating to this matter, in the meeting taking place in Luanda, revealed that the participants – members of the Kimberley Process – are doing all they
De Beers Yields to Namibia’s Demands
Gaborone; Diamond giant, De Beers, which is 85 percent controlled by Anglo American, has reportedly “agreed in principle” with the Namibian government to introduce changes in a proposed new diamond sales and marketing contract. The Namibian newspaper reports that Windhoek had demanded that 25-30 percent of the diamonds produced by Namdeb, a joint venture between the Namibian government and DeBeers,
New Dispute Breaks Out Over Zimbabwe Gems
Luanda: The Kimberly Process Certification Scheme intercessional plenary meeting opened in Luanda, Angola, on Tuesday with Zimbabwe and some Western nations and human rights groups renewing their hostilities. Resource Exploitation Watch chairman, Tafadzwa Musarara, and some government insiders are accusing the West of trying to block trade in Zimbabwean gems alleging that they might be laundered through the sale of
Alrosa Not Changing Strategy
Moscow: The new president of ALROSA Andrei Zharkov says there is no need to change the long-term strategy previously adopted by the company. The “manual adjustment” of some of sales policy mechanisms is possible to increase efficiency during recession or rising prices. “I don’t think it is now necessary to adjust the strategy and the long-term program of ALROSA approved
