Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
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Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion
Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the
Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion
Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the
Top News
Nirav Modi Booked in Bank Cheating Case
New Delhi: The Central Bureau of Investigation (CBI) has booked billionaire jeweller Nirav Modi, his wife, brother and partners for allegedly cheating Punjab National Bank (PNB) of Rs. 280.7 crore, reports the livemint. The agency acted on a 29 January complaint from the state-owned lender, which alleged these people conspired with some of its own officials, causing the bank “wrongful
Fancy Color Diamond Price Index Slightly Up in Q4'17
New York: According to The Fancy Color Research Foundation (FCRF), the fourth quarter of 2017 saw a slight rise in fancy color diamond prices over the previous quarter. There were significant increases in prices of fancy blue diamonds, offset by continued softness in fancy yellow diamonds and stagnation in fancy pink diamond prices. The Fancy Color Diamond Index in Q4
Antwerp Diamond Trade Stabilizes in 2017
Antwerp: After a very difficult 2015, the Antwerp diamond trade stabilized in 2016. This trend continued over past year as the industry traded a total of $US46 billion in diamonds. In 2017, a total of 233.6 million carats of diamonds were imported to and exported from Antwerp. This again represents an increase in the volume of diamonds traded, with a
IDE Launches Official Partnership with Alibaba.com
Ramat Gan: The Israel Diamond Exchange (IDE) yesterday officially launched a partnership with Alibaba.com, making it the first diamond bourse to offer polished diamonds and diamond jewellery on the platform, directly from the source. Alibaba.com is the leading platform for global wholesale trade, serving millions of buyers and suppliers around the world. The launch was announced during the International Diamond
Nirav Modi Booked in Bank Cheating Case
New Delhi: The Central Bureau of Investigation (CBI) has booked billionaire jeweller Nirav Modi, his wife, brother and partners for allegedly cheating Punjab National Bank (PNB) of Rs. 280.7 crore, reports the livemint. The agency acted on a 29 January complaint from the state-owned lender, which alleged these people conspired with some of its own officials, causing the bank “wrongful
Fancy Color Diamond Price Index Slightly Up in Q4'17
New York: According to The Fancy Color Research Foundation (FCRF), the fourth quarter of 2017 saw a slight rise in fancy color diamond prices over the previous quarter. There were significant increases in prices of fancy blue diamonds, offset by continued softness in fancy yellow diamonds and stagnation in fancy pink diamond prices. The Fancy Color Diamond Index in Q4
Antwerp Diamond Trade Stabilizes in 2017
Antwerp: After a very difficult 2015, the Antwerp diamond trade stabilized in 2016. This trend continued over past year as the industry traded a total of $US46 billion in diamonds. In 2017, a total of 233.6 million carats of diamonds were imported to and exported from Antwerp. This again represents an increase in the volume of diamonds traded, with a
IDE Launches Official Partnership with Alibaba.com
Ramat Gan: The Israel Diamond Exchange (IDE) yesterday officially launched a partnership with Alibaba.com, making it the first diamond bourse to offer polished diamonds and diamond jewellery on the platform, directly from the source. Alibaba.com is the leading platform for global wholesale trade, serving millions of buyers and suppliers around the world. The launch was announced during the International Diamond
