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
CVD Diamonds Sold with GIA Certificates
Mumbai: A Diamond Intelligence Briefs (DIB) investigation has revealed that a vendor on the leading online global wholesale platform, Alibaba, has offered CVD lab-grown diamonds with GIA certificates. The seller, International Trading Corporation (ITC) claimed to have an ability to supply 10,000 carats of CVD diamonds per week and that it has a “stock of more than 25,000 IGI and
Excellent Results for Rajesh Exports in Q3
Mumbai: Rajesh Exports reported an excellent set of results for the quarter ended December 2015 which are in-line with our estimates, says an Update Report provided to G2J by ‘Evaluate Research’. Management has decreased its revenue growth guidance for FY03/2017 due to a negative impact from currency volatility and a slowing global economy. Rajesh Exports has projected revenue growth in
DPA Announces Senior Positions
New York: The Diamond Producers Association (DPA) has announced the appointments of Stephen Lussier as Chairman, Jim Pounds as Vice Chairman and Jean-Marc Lieberherr as Chief Executive Officer, all with immediate effect. Stephen is Executive Vice President of Marketing at The De Beers Group of Companies, as well as Chief Executive Officer of its Forevermark brand. Jim is Executive Vice
Venezuela May Resume Diamond Trading
Caracas: The UAE is thought to be likely to back Venezuela’s potential return to diamond trading, after DMCC chairman Ahmed Bin Sulayem held a number of meetings in the country, according to a report in The National newspaper. Bin Sulayem, the current chairman of the Kimberley Process, has been in Venezuela to examine ways that the country can resume diamond
Gemfields Announced $30 Mln. Rights Issue
London: Gemfields Group Limited, a company incorporated in Guernsey and listed on the Johannesburg Stock Exchange (JSE:GML) and AIM (AIM:GEM), has announced the launch of a fully underwritten Rights Issue to raise approximately $30 million. The Rights Issue will offer 10 new shares for every 21 existing shares at a price of 4.22 pence or ZAR1.06860 per new share. The
KP Progresses in Expanding Conflict Definition
Dubai: World Diamond Council (WDC) has welcomed the meaningful progress made towards expanding the Kimberley Process (KP) definition of conflict diamonds, after a successful week of open and productive dialogue at the 2025 Intersessional in Dubai. The meeting, hosted by the UAE and current KP Chair Ahmed Bin Sulayem, marked a significant breakthrough in seeking to expand the definition of
GJC Urges Ban on G&J Trade with Tuekey, Azerbaijan
Mumbai: All India Gem and Jewellery Domestic Council (GJC), the apex body representing India’s domestic gem and jewellery industry, announced its unwavering support for ‘Operation Sindoor’ and in alignment with national interest urges the India’s gems & jewellery industry to cease business transactions with Turkey and Azerbaijan. This decisive action follows Turkey’s public support for Pakistan in the aftermath of
PGI Appoints Vaishali Banerjee as Head of Global Market Development
Mumbai: Platinum Guild International (PGI) has announced key leadership augmentations, naming Vaishali Banerjee as Head of Global Market Development, a role that signals PGI’s sharpened focus on unlocking the global demand potential for platinum. In addition to this new mandate, Vaishali will continue in her existing role as Managing Director – India & ME — both critical growth hubs for
