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
De Beers to Launch Biggest Diamond Mining Vessel
Windhoek: Debmarine Namibia, a 50/50 joint venture between the Government of the Republic of Namibia and De Beers Group, yesterday announced it is planning for the construction of the world’s largest custom-built diamond mining vessel. The new vessel, which is projected to cost approximately US$142 million (N$2 billion), is expected to commence operations in 2021. It will work alongside the
Chinese Lab Finds Hard-To-Detect CVD Synthetic
Beijing: Since 2012, CVD synthetic diamonds have been tested and identified by National Gemstone Testing Center (NGTC) in Beijing, typically in sizes above 0.20 ct. Since 2015, a large number of melee-size colorless and near-colorless synthetic diamonds have been detected in daily screenings at NGTC labs. Melee-size HPHT synthetics are accurately screened and identified at NGTC labs using new devices,
Israel to Laser Cut Most Expensive Rough
Ramat Gan: The 813-carat Constellation Diamond has been brought to Israel to be laser cut, in the first stage of its processing since the diamond was discovered in Botswana’s Karowe Mine by Canadian producer Lucara in 2015. The Constellation was brought to Israel for processing at the advanced Synova laser cutting facility located in the Israel Diamond Exchange (IDE). The
Celebration Time for Forevermark & CKC Jewellers
Bengaluru: Forevermark, the diamond brand from the De Beers Group of Companies, celebrates its association with C. Krishniah Chetty (CKC) Jewellers in Bengaluru with their first boutique store that exclusively carries Forevermark diamonds and jewellery. Gracing the occasion was actress Disha Patani who stated, “I am truly honoured to be a part of this celebration with Forevermark and C. Krishniah
De Beers to Launch Biggest Diamond Mining Vessel
Windhoek: Debmarine Namibia, a 50/50 joint venture between the Government of the Republic of Namibia and De Beers Group, yesterday announced it is planning for the construction of the world’s largest custom-built diamond mining vessel. The new vessel, which is projected to cost approximately US$142 million (N$2 billion), is expected to commence operations in 2021. It will work alongside the
Chinese Lab Finds Hard-To-Detect CVD Synthetic
Beijing: Since 2012, CVD synthetic diamonds have been tested and identified by National Gemstone Testing Center (NGTC) in Beijing, typically in sizes above 0.20 ct. Since 2015, a large number of melee-size colorless and near-colorless synthetic diamonds have been detected in daily screenings at NGTC labs. Melee-size HPHT synthetics are accurately screened and identified at NGTC labs using new devices,
Israel to Laser Cut Most Expensive Rough
Ramat Gan: The 813-carat Constellation Diamond has been brought to Israel to be laser cut, in the first stage of its processing since the diamond was discovered in Botswana’s Karowe Mine by Canadian producer Lucara in 2015. The Constellation was brought to Israel for processing at the advanced Synova laser cutting facility located in the Israel Diamond Exchange (IDE). The
Celebration Time for Forevermark & CKC Jewellers
Bengaluru: Forevermark, the diamond brand from the De Beers Group of Companies, celebrates its association with C. Krishniah Chetty (CKC) Jewellers in Bengaluru with their first boutique store that exclusively carries Forevermark diamonds and jewellery. Gracing the occasion was actress Disha Patani who stated, “I am truly honoured to be a part of this celebration with Forevermark and C. Krishniah
