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
Top News
'JOVELLA' Int'l Jewelry Exhibition from 4th July
Tel Aviv: The 13th edition of JOVELLA, Israel’s international jewelry and diamond exhibition be held on July 4 – 5, 2016. This year the show will be returning to its original location at the David Intercontinental Hotel in Tel Aviv, after having been located at Tel Aviv’s Trade Fairs and Convention Center since 2007. JOVELLA, the leading event of the
GJEPC-DPA Collaborate to Promote Diamonds
Las Vegas: The Gem & Jewellery Export Promotion Council (GJEPC) and the Diamond Producers Association (DPA) signed a Memorandum of Understanding to collaborate and boost diamond demand in the world, and to enhance the image of the diamond industry. The MoU was signed by Praveenshankar Pandya and Stephen Lussier, chairmen of the two organizations at an event held at the
Rio Tinto Steps Up Focus on Diamond Origin
Perth: Rio Tinto has announced its intention to focus its global diamond sales and marketing initiatives on tracked jewelry collections with a clear and transparent chain of custody, from the mine to the market. Bruno Sané, general manager of marketing for Rio Tinto Diamonds said “We see a unique business opportunity for the industry to tap into the changing expectations
Ind-Ra Expects Status Quo Monetary Policy
New Delhi: The Reserve Bank of India (RBI) is likely to maintain a status-quo on interest rates in the second bi-monthly monetary policy review on 7 June 2016, says India Ratings and Research (Ind-Ra) in a press release. The RBI is likely to focus on inflation control, liquidity management and the pending policy transmission in the near-term. The central bank
0% U.S. Import Tariff for EU-Polished Diamonds
Antwerp: Thanks to intensive negotiations, the Antwerp World Diamond Centre (AWDC), the umbrella organization for the Antwerp diamond industry, has succeeded in securing a zero percent import tariff for natural polished diamonds under the trade agreement between the European Commission and the United States. This exemption is part of a U.S. executive order, effective retroactively as of Monday, September 1,
GSI Launches State-of-Art Lab in Kolkata
Kolkata: Gemological Science International (GSI) proudly announced the official launch of its laboratory in Kolkata, marking a significant milestone in the company’s commitment to providing world-class gemological services to one of the leading jewellery manufacturing hubs of India. The event, which was attended by prominent industry leaders and luminaries, received an overwhelming outpouring of support and enthusiasm, further solidifying GSI’s
GJEPC Announces Newly Elected CoA for 2025
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem and jewellery trade in India, has announced the results of its recent Committee of Administration (CoA) elections for 2025 for the vacant positions. Welcoming the new members, Mr. Kirit Bhansali, Chairman, GJEPC, said, “I warmly welcome all the newly elected members of the CoA. Each
Men of Platinum Returns with ‘MS Dhoni Signature Edition’
Mumbai: Platinum Guild International (PGI) India’s Men of Platinum brand returns this festive season with the MS Dhoni Signature Edition — a line of jewellery that speaks to the enduring legacy of a modern icon. Crafted in 95% pure platinum one of the highest standards of purity in precious jewellery, platinum is naturally white, it never fades or tarnishes. Each
