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
Global Platinum Jewellery Market Rebounds
Mumbai: Platinum Guild International (PGI), a worldwide marketing organization dedicated to creating, expanding, and strengthening consumer and trade markets for platinum jewellery, has shared its findings from its Platinum Jewellery Business Review update for Q1 2025, highlighting strong growth across key global markets, led by a significant recovery in China. Platinum jewellery is seeing renewed global momentum, with China leading
India not to Ask Nirav Modi About PNB Scam
London: Ahead of the extradition hearing of fugitive diamantaire Nirav Modi at Westminster Court, India has assured the United Kingdom that the Fugitive Economic Offender will not be “questioned” in connection with the $2 billion Punjab National Bank (PNB) fraud case. A written assurance or sovereign guarantee to this effect has been submitted to the UK authorities through the Crown
De Beers Launches Desert Diamonds Beacon
London: De Beers Group has announced the consumer launch of Desert diamonds, the first new ‘beacon’ it has developed in over a decade, supported by its largest category marketing investment in more than ten years. A De Beers beacon is a celebration of natural diamonds that is manifested through a jewelry concept designed to galvanize the industry around a central
Amit Pratihari Named MD, GIA India Laboratory
Mumbai: The board of directors of GIA India Laboratory Pvt. Ltd. (GIA India) has appointed Amit Pratihari as managing director, responsible for all aspects of GIA India’s gemological laboratories in Mumbai and Surat, as well as the GIA India school in Mumbai. Reporting to the board of directors of GIA India, he assumed his responsibilities on October 1. Amit’s deep experience
Gold Demand Falls 12% in Q2 2015: WGC
Chennai: The World Gold Council’s (WGC) Gold Demand Trends report for Q2 2015 shows total demand was 915 tonnes (t), a fall of 12% compared to the same period last year, due mainly to a decline in demand from consumers in India and China. However, demand in Europe and the US grew, driven by a mixture of increasingly confident jewellery
Drones to Prevent ‘Conflict Diamond’ Operations
Conakry: One of the more interesting uses of drones is a partnership between the United States Agency for International Development (USAID) and US Geological Survey (USGS). Since June 2014, they have helped support the Kimberley Process (KP) by using camera-equipped drones to survey the mines, create 3D models of the operations, and keep track of small scale diamond mining sites
Big Layoffs in Botswana Cutting Industry
Gaborone: The massive retrenchments in the domestic diamond cutting and polishing industry continues unabated as companies reel from the effects of high rough prices and lack of liquidity, reports BusinessWeek. Local cutting and polishing company Diacore has retrenched 50 employees taking the total number of affected workers in the industry to around 1,000 in the past year. At its peak,
Platinum Presents Our Everlasting Love
Mumbai: Platinum Guild International gives couples a unique opportunity to capture their journey of everlasting love through a personalized video. Love is at the heart of every platinum jewellery; as it symbolizes everlasting love. PGI along with Maxus India has created an exclusive microsite – www.oureverlastinglove.in – wherein couples can create montage of special moments they share which makes their
