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
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
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%
CIBJO Makes all Blue Books Available Free of Charge
Milan: With the international jewellery and gemstone industry grappling with the challenge of a worldwide economic shutdown, instituted by governments in response to the COVID-19 coronavirus pandemic, CIBJO has announced that it will no longer be charging for downloads of its Blue Book series of industry standards and nomenclature. The CIBJO Blue Books are definitive sets of grading standards
Lockdown in India Extended till May 3, 2020
New Delhi: India’s Prime Minister Mr. Narendra Modi has extended lockdown in the country till 3rd May, 2020. In his address to the nation today, Mr. Modi announced that based on the suggestions of the state governments and the experts the nationwide lockdown has been extended till May 3. He added that till April 20 all districts, localities, states will
Entry Deadline for JNA Awards Extended
Hong Kong: The JNA Awards is giving interested participants more time to submit their entries for its 9th edition owing to challenges brought about by the Covid-19 pandemic. “As the world is facing an unprecedented challenge due to the outbreak of Covid-19, the JNA Awards has postponed the entry deadline to May 22 to allow more time for preparation,” revealed event organiser
World Trade may Decline by 13 to 32%: WTO
Mumbai: The World Trade Organisation (WTO) had predicted that world merchandise trade is likely to decline by between 13-32% in 2020 due to the COVID-19 pandemic, according to a summary of the global body’s projections prepared by The Gem & Jewellery Export Promotion Council (GJEPC). The summary is part of the Council’s ongoing drive to keep member-exporters informed about global
