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
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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
Forevermark Launches at Madanji Meghraj Jewellers
Kolkata: Madanji Meghraj jewellers, one of the most recognised names for precious jewellery in Kolkata since 1901, have partnered with Forevermark, the diamond brand from the De Beers Group of Companies, by launching the brand at their store in Kolkata. Forevermark diamonds are the world’s most carefully selected diamonds. Each Forevermark diamond undergoes a journey of rigorous selection and bears
Compensation of Millions Claimed over Diamond Heist
Brussels: Five years after the spectacular theft of diamonds from a Helvetic Airways plane, operator Swiss International Air Lines is demanding 48.4 million francs in compensation, reports thelocal.ch. A lawyer for the airline filed the claim in Brussels on Thursday when the case came before the criminal court, the Swiss news agency SDA reported. In February 2013 heavily armed thieves
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
Forevermark Launches at Madanji Meghraj Jewellers
Kolkata: Madanji Meghraj jewellers, one of the most recognised names for precious jewellery in Kolkata since 1901, have partnered with Forevermark, the diamond brand from the De Beers Group of Companies, by launching the brand at their store in Kolkata. Forevermark diamonds are the world’s most carefully selected diamonds. Each Forevermark diamond undergoes a journey of rigorous selection and bears
Compensation of Millions Claimed over Diamond Heist
Brussels: Five years after the spectacular theft of diamonds from a Helvetic Airways plane, operator Swiss International Air Lines is demanding 48.4 million francs in compensation, reports thelocal.ch. A lawyer for the airline filed the claim in Brussels on Thursday when the case came before the criminal court, the Swiss news agency SDA reported. In February 2013 heavily armed thieves
