We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Hawkish Fed Comments on Inflation Landed Right at Both Metals’ Supply Zones, and the Correction Wrote Itself
Macro Snapshot: The correction in gold and silver during the week ending August 28 was a confluence event. Both metals had rallied into well-defined supply zones (gold at ₹162,000-164,000, silver at ₹244,000-248,000) and were showing early signs of exhaustion. Into that setup, the July PCE release on August 26 came in hot on the headline (3.7% year over year against 3.6% consensus), and Federal Reserve Chair Kevin Warsh’s August 28 Jackson Hole address leaned decisively hawkish on inflation. The trigger
Hawkish Fed Comments on Inflation Landed Right at Both Metals’ Supply Zones, and the Correction Wrote Itself
Macro Snapshot: The correction in gold and silver during the week ending August 28 was a confluence event. Both metals had rallied into well-defined supply zones (gold at ₹162,000-164,000, silver at ₹244,000-248,000) and were showing early signs of exhaustion. Into that setup, the July PCE release on August 26 came in hot on the headline (3.7% year over year against 3.6% consensus), and Federal Reserve Chair Kevin Warsh’s August 28 Jackson Hole address leaned decisively hawkish on inflation. The trigger
Top News
GJEPC Partners with NDC for Global Campaign
Mumbai: The Natural Diamond Council (NDC) has partnered with the Gem Jewellery Export Promotion Council (GJEPC) for their global campaign – ‘Thank You, By the Way’. The campaign reaches out to consumers who, now more than ever before, want to know where their products come from and the impact their purchases have on producing countries and local communities. It thanks
First Female President Appointed for Diavik Mine
Yellowknife, (Canada): Rio Tinto has appointed Angela Bigg as president and chief operating officer of the Diavik Diamond Mine. Angela, previously general manager, Operations at Diavik, will be the first female to lead the mine and its 1,100 employees. Angela joined the Diavik team in November of 2017 as vice president, Finance. She began her career with Rio Tinto in
Forevermark Launches 1st Diamond Boutique in Mumbai
Mumbai: De Beers Forevermark, the diamond brand from the De Beers Group, launched its very first exclusive diamond boutique in Mumbai (Bandra) with trusted retail partner Om Jewellers, that will exclusively retail the brand’s diamonds collection. This marks the opening of the 13th De Beers Forevermark Boutique in the country. India’s legendary sportswoman Sania Mirza, who has proved her dedicated commitment
Israel Lowers Risk of Diamond Industry
Ramat Gan: Israel’s anti-money laundering and tax authorities have lowered the risk rating of Israel’s diamond industry from high to medium. This comes in the wake of measures implemented by the industry over the past several years to improve transparency and compliance with international financial guidelines. It is seen by the industry as a very important achievement, and a vote
GJEPC Partners with NDC for Global Campaign
Mumbai: The Natural Diamond Council (NDC) has partnered with the Gem Jewellery Export Promotion Council (GJEPC) for their global campaign – ‘Thank You, By the Way’. The campaign reaches out to consumers who, now more than ever before, want to know where their products come from and the impact their purchases have on producing countries and local communities. It thanks
First Female President Appointed for Diavik Mine
Yellowknife, (Canada): Rio Tinto has appointed Angela Bigg as president and chief operating officer of the Diavik Diamond Mine. Angela, previously general manager, Operations at Diavik, will be the first female to lead the mine and its 1,100 employees. Angela joined the Diavik team in November of 2017 as vice president, Finance. She began her career with Rio Tinto in
Forevermark Launches 1st Diamond Boutique in Mumbai
Mumbai: De Beers Forevermark, the diamond brand from the De Beers Group, launched its very first exclusive diamond boutique in Mumbai (Bandra) with trusted retail partner Om Jewellers, that will exclusively retail the brand’s diamonds collection. This marks the opening of the 13th De Beers Forevermark Boutique in the country. India’s legendary sportswoman Sania Mirza, who has proved her dedicated commitment
Israel Lowers Risk of Diamond Industry
Ramat Gan: Israel’s anti-money laundering and tax authorities have lowered the risk rating of Israel’s diamond industry from high to medium. This comes in the wake of measures implemented by the industry over the past several years to improve transparency and compliance with international financial guidelines. It is seen by the industry as a very important achievement, and a vote
