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
Rio Tinto Announces Total Salary Freeze
London: Rio Tinto Group will freeze salaries for 2016 as the world’s second-biggest mining company warned that it sees no signs of respite in the commodities rout that’s eroded profits and threatened dividends for producers, reports Bloomberg News. The freeze applies from the chief executive officer downward, Sam Walsh said in an e-mail to staff, a copy of which was
India to Issue Second Trench of SGB Scheme
New Delhi: The Centre in consultation with the Reserve Bank of India has decided to issue second tranche of Sovereign Gold Bonds (SGB). Applications for the bonds will be accepted from January 18-22, and the bonds will be issued on February 8. The Bonds will be sold through banks, Stock Holding Corporation of India Limited (SHCIL) and designated post offices.
WJA Elects New International Board President
New York: The Women’s Jewelry Association (WJA) has elected Brandee Dallow, director of Rio Tinto Diamonds North America Representative Office, as the new president of the WJA International Board of Directors. Dallow succeeds Andrea Hansen of LuxeIntelligence. Jenny Luker of Platinum Guild International has been appointed president elect. The 2016-2017 WJA board’s executive committee also includes Kristie Nicolosi of The
Dominion Appoints New Chairman Designate
Toronto: Dominion Diamond Corporation has appointed Jim Gowans to its board of directors. He will take over from Robert Gannicott, chairman of the board, by the end of April. “Both the company and I have faced certain changes recently,” said Gannicott. For the company, these represent opportunities but in my case they represent medical challenges. I have known Jim throughout
Early Bird Discount for “TREASURES”
Lisbon: If you haven’t done so yet, there are still a few days to register with the reduced Early Bird rate and secure your seat for the second edition of TREASURES, an award-winning international colloquium that will take place under the patronage of the President of the Republic of Portugal at the Royal Treasure Museum, Palácio Nacional da Ajuda, in
First-Ever Sale of 100% Traceable Artisanal Diamonds from Congo
Antwerp/Kinshasa: Today, fully traceable, artisanal diamonds from the Democratic Republic of Congo were sold on the international market for the very first time in Antwerp. The diamonds, originating from the Kasai region, are part of OrigemA:a Belgian-Congolese initiative that provides artisanal miners with access to international markets, guarantees fair prices, and supports the livelihoods of more than 3 million people. During this first
New Source of Paraíba Tourmalines Reportedly Discovered in Ethiopia
Basel: Copper-bearing tourmalines—widely known in the trade as Paraíba tourmalines—have captivated gem dealers, collectors, and enthusiasts around the world since they first appeared on the market in the late 1980s. The Swiss Gemmological Institute SSEF has received credible reports from trade sources that indicate a new deposit of copper-bearing tourmaline has been discovered in Ethiopia. To date, the number of
Lukson Opens its 10th Exclusive Store in Bandra
Mumbai: Lukson, one of India’s fastest-growing lab-grown diamond jewellery brands and the D2C arm of the 34-year-old JK Star Group, announced the opening of its 10th exclusive retail store in Bandra, Mumbai, one of India’s most coveted fashion, luxury, and lifestyle destinations. The milestone opening marks a significant chapter in Lukson’s rapid retail expansion and reinforces the brand’s commitment to making
