We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
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Unlocking Digital Gold’s US$ 700bn Opportunity
Las Vegas: The digital gold market, worth US$45–55bn today, could unlock up to US$700bn in latent demand, according to new research from World Gold Council (WGC) and Boston Consulting Group. The report points to substantial untapped appetite among retail investors, with nearly nine in ten surveyed saying they would consider digital gold under the right conditions. The US$700bn opportunity represents
Construction of India Jewellery Park, Mumbai Begins
Navi Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) yesterday marked a historic milestone in the development of India Jewellery Park Mumbai (IJPM) with the commencement of construction at Mahape, Navi Mumbai. The ceremony marks the transition of this long-cherished industry vision into the construction phase, bringing India’s ambition to establish a world-class, integrated jewellery manufacturing hub a significant
Qatar Diamond Exchange Broadens Asian Presence
Doha: The Qatar Diamond Exchange (QDE) has signed a Memorandum of Understanding (MoU) with the Diamond Federation of Hong Kong, China (DFHK), establishing a strategic partnership between the two organizations. The agreement was formalized in Hong Kong by Ghanim Al-Saadi, Director of the Qatar Diamond Exchange, and Lawrence Ma, President of DFHK. Founded in 2000, DFHK represents Hong Kong’s diamond
Diamonds for Development Fund Receives Initial Funding
Gaborone: The Government of the Republic of Botswana and De Beers Group yesterday announced that De Beers Group has transferred its initial contribution of BWP1 billion to the Diamond for Development Fund, marking a major milestone in the progress of the Fund and its mandate to support Botswana’s long-term economic diversification. The disbursement follows the establishment of the Fund’s governance
De Beers Diamond Sales on Recovery in 10th Sight
Gaborone: De Beers concluded its 2019 rough diamond sales on a seemingly recovery path as the Anglo American 85%-owned diamond company raked in $425 million from the tenth sales cycle of 2019 compared with $400 million realised during the ninth sales cycle. “Following continued polished diamond price stability in the lead up to the final sales cycle of the year,
Malabar Gold Hosts Solitaire Show with Forevermark
Mumbai: Forevermark, the diamond brand from the De Beers Group will showcase a collection of over 300 diamond solitaires at the Malabar Gold & Diamonds store in Andheri, Mumbai. These beautiful solitaire pieces, starting from 0.14 carats onwards, will be on display till 29th December 2019. Forevermark diamonds are the world’s most carefully selected diamonds while Malabar Gold & Diamonds are known for their un-compromized quality, trust and transparency.
GIA India Shares ‘4Cs of Diamond Quality’
Hyderabad: GIA India organised a seminar on the “4Cs of Diamond Quality” to help customers of Malabar Gold and Diamonds gain knowledge and confidence. More than 35 diamond connoiseurs and buyers of diamond jewellery attended the seminar in Hotel Mercure, Hyderabad, Telangana. A GIA India representative shared insights on the famous 4Cs of Diamond Quality – Color, Clarity, Cut and Carat
'MyFirstEvara' Platinum Evara’s Campaign
Mumbai: Beyond her choice of couture, and wedding planning, the bride of today has come a long way in defining and knowing what she expects from her marriage. Armed with an education, a career and the empowering independence it brings, her choices and decisions are her own. She values traditions, rituals & set practices but has the ability to question
