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
Anglo American Donates to DDI
Gaborone: The Anglo American Group Foundation has given a three-year contribution to support the Diamond Development Initiative’s efforts to promote responsible sourcing and improve the lives of local miners and their families in Africa. Anglo’s funding will allow DDI to carry out its primary functions, including the registration of artisanal miners, the implementation of the Development Diamond Standards at mining
India’s Polished Diamonds Export -15% in Nov
Mumbai: The drop in exports of cut and polished diamonds from India continued during November 2015, with the country exporting US$ 1.32 billion worth of goods, down 15.2% from the US$ 1.56 bn worth of exports a year ago, according to data released by The Gem & Jewellery Export Promotion Council (GJEPC). However, gold jewellery exports during the month were
PDE Launches Accredited Buyers Program
Panama: The Panama Diamond Exchange has launched an Accredited Buyers Program, providing benefits to registered professional buyers from Latin American countries, on purchases of diamonds, gemstones and jewelry made at the World Jewelry Hub in Panama City. A key element of the program will be rebates of up to $1,000 on merchandise that has been acquired by a buyer on
Gemfields Gets Price of $318/ct at Ruby Auction
London: Gemfields plc reported revenue of $28.8 million from an auction of higher- and medium-quality rough rubies from the Montepuez ruby deposit in Mozambique. The company achieved an average price of $318 per carat, selling 90,642 out of 92,136 carats, or 45 out of 49 lots, according to a Gemfields statement December 21. It sold 98 percent by weight and
GJEPC Launches New Business Development and Marketing Campaign
Las Vegas, 31st May: The Gem & Jewellery Export Promotion Council (GJEPC) of India announced a major, new, multi-level business development campaign at a news conference focused on the U.S., Canadian and South American markets. The purpose of the campaign is to re-invigorate, strengthen and expand GJEPC’s business development efforts and build trusted relationships between India’s key jewelry industry companies
Overseas Traders Invited to Buy Offices in SDB
Surat, 30th May: After Mumbai, now Surat diamantaires are inviting diamond traders from abroad to set up offices at the proposed Surat Diamond Bourse (SDB) here. Road Shows are being organized at Antwerp, Dubai, Hong Kong, China, UAE and Europe, to impress upon diamond traders to buy office space at the proposed diamond bourse, according to a report in The
Demand for Indian Gold Jewellery to Rise
Mumbai: India’s gems and jewellery exporters are set to shine brighter than domestic retailers. Positive signs from export destinations such as higher disposable income and consumer spending as well as improvements in consumer confidence is set to support export volumes of gems and jewellery, maintain analysts. An economic recovery is also set to benefit exporters, reports Mineweb.com. Indian exporters are
IGI Becomes Premier Affiliate Sponsor of NCDIA
New York: The International Gemological Institute (IGI) has joined the Natural Color Diamond Association (NCDIA) as its first premier affiliate member. With an aim to educate consumers and increase global demand and desire for natural color diamonds, NCDIA is a not-for-profit, membership-based organization. Beyond the record-breaking blue and orange diamonds sold recently at auctions, the association has been working to
