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
Top News
AWDC Launches Antwerp Diamond Experience
Antwerp: For the past three days a delegation of leading jewelers and diamond traders from Kuwait have been getting acquainted with their counterparts in Antwerp, enjoying a behind-the-scenes look at the diamond capital and doing business at high-level networking events. The visit from the up-and-coming diamond market of Kuwait – long a major player in the pearl, gold and gemstone
KP Warns of Fake Certificate from Cameroon
Dubai: The United Arab Emirates received a shipment from Cameroon, which was declared to the UAE Customs. Upon inspection they noticed that the Kimberley Process (KP) Certificate accompanying the shipment was fake. Cameroon authorities confirmed this. The document was uploaded on the restricted side of the KP website as well. The KP has therefore called on all its members to
Chow Tai Fook to Sell Diapers and Cookies
Beijing: China’s largest jewelry retail chain, Chow Tai Fook, is spreading its wings further afield and is aiming to expand more broadly into retail in a bid to capture some of the business of Chinese retail giant Alibaba and other Internet retailers. It invested $54 million in shopping platform CTFHOKO.com in December and a mall to showcase products sold online,
Botswana Diamonds Loss Widens to £274,000
Gaborone: Botswana Diamonds, which is currently exploring for diamonds in Botswana, recorded a £274,000 loss during the six months to 31 December 2015 from £174,000 recorded a year earlier. The increase in loss was, however, due to an exchange difference on translation of foreign operations. Operating losses dropped to £155,000 during the same period under review compared to £166,000 recorded
Oman Abolishes Import Duty on Indian Jewellery
Mumbai: The India–Oman Comprehensive Economic Partnership Agreement (CEPA), which abolishes customs duty on imports of gems and jewellery in Oman from India, is expected to significantly boost India’s exports to Oman and strengthen direct trade linkages between the two countries, according to the Gem & Jewellery Export Promotion Council (GJEPC). India’s gem and jewellery exports to Oman currently stand at
BDB Honoured with Excellence in Surveillance Award
Mumbai: Bharat Diamond Bourse (BDB), the world’s largest diamond trading hub, has been awarded the Excellence in Surveillance Award at the prestigious IFSEC India Awards 2025, in recognition of its outstanding leadership in security management and advanced surveillance practices. The IFSEC India Awards are among the most respected recognitions in the security and safety industry, celebrating organizations that demonstrate innovation,
Comprehensive Discussion on Govt. G&J Policy
Mumbai: Bharat Diamond Bourse (BDB), in association with the Gem & Jewellery Export Promotion Council (GJEPC), organized an exclusive awareness and outreach session on the Maharashtra Gems & Jewellery (G&J) Policy 2025. The event featured an engaging and insightful interaction with Mr. Deependra Singh Kushwah (IAS), Development Commissioner (Industries), Government of Maharashtra whose forward-looking perspective offered industry stakeholders a comprehensive
Piyush Goyal Inaugurates NEST 2 at SEEPZ
Mumbai: India’s Commerce and Industry Minister Mr. Piyush Goyal unveiled the NEST–02 (New Enterprises & Services Tower – Phase 2) at the Santacruz Electronics Export Processing Zone (SEEPZ) yesterday, calling for stronger partnership between industry and the government to boost efficiency, transparency, and skilling. Speaking at the event, Mr. Goyal said SEEPZ must mirror the rapid economic growth witnessed under
