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
India Rough Gemstones Show Ends Successfully
Jaipur: The first-ever India Rough Gemstones show held from 8th -10th at Hotel Marriott in Jaipur organized by The Gem & Jewellery Export Promotion Council (GJEPC) concluded successfully. Mr. Subhash Chand Agarwal, Commissioner of Customs, Jaipur was the Chief Guest for the event. Miners and traders in rough gemstones from Afghanistan, Canada, Ethiopia, Hong Kong (SAR of China), Madagascar, Tanzania,
India Diamond Week from 23rd April, 2018
Mumbai: The Bharat Diamond Bourse (BDB) will be organizing an India Diamond Week from April 23-25, 2018 in Mumbai. “India is the largest diamond manufacturing centre in the world and BDB is the address of the largest diamond trading community in the country,” explained Mehul Shah, Vice President of BDB. “Though this is the first event of its kind being
Trade Bodies Release Diamond Terminology Guideline
Milan: Nine of the leading diamond and jewellery industry organisations (AWDC, CIBJO, DPA, GJEPC, IDI, IDMA, USJC, WDC and WFDB) have released a jointly developed Diamond Terminology Guideline to encourage full, fair and effective use of a clear and accessible terminology for diamonds and synthetics diamonds by all sector bodies, organisations, traders and retailers. While not legally binding, the Diamond
De Beers’ 1st Cycle Values $665 Million
Gaborone: De Beers sold rough diamonds with a provisional value of $665 million in the first sales cycle (Global Sightholder Sales and Auction Sales) of 2018, due to industry restocking following the holiday sales season. Bruce Cleaver, CEO, De Beers Group, said, “Following positive early signs for diamond jewellery sales over the holiday season in the US, the need for
India Rough Gemstones Show Ends Successfully
Jaipur: The first-ever India Rough Gemstones show held from 8th -10th at Hotel Marriott in Jaipur organized by The Gem & Jewellery Export Promotion Council (GJEPC) concluded successfully. Mr. Subhash Chand Agarwal, Commissioner of Customs, Jaipur was the Chief Guest for the event. Miners and traders in rough gemstones from Afghanistan, Canada, Ethiopia, Hong Kong (SAR of China), Madagascar, Tanzania,
India Diamond Week from 23rd April, 2018
Mumbai: The Bharat Diamond Bourse (BDB) will be organizing an India Diamond Week from April 23-25, 2018 in Mumbai. “India is the largest diamond manufacturing centre in the world and BDB is the address of the largest diamond trading community in the country,” explained Mehul Shah, Vice President of BDB. “Though this is the first event of its kind being
Trade Bodies Release Diamond Terminology Guideline
Milan: Nine of the leading diamond and jewellery industry organisations (AWDC, CIBJO, DPA, GJEPC, IDI, IDMA, USJC, WDC and WFDB) have released a jointly developed Diamond Terminology Guideline to encourage full, fair and effective use of a clear and accessible terminology for diamonds and synthetics diamonds by all sector bodies, organisations, traders and retailers. While not legally binding, the Diamond
De Beers’ 1st Cycle Values $665 Million
Gaborone: De Beers sold rough diamonds with a provisional value of $665 million in the first sales cycle (Global Sightholder Sales and Auction Sales) of 2018, due to industry restocking following the holiday sales season. Bruce Cleaver, CEO, De Beers Group, said, “Following positive early signs for diamond jewellery sales over the holiday season in the US, the need for
