Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
PGI Expects 50% Growth Rate in India: Pallavi Sharma
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
India’s Diamond Trade Continues to Recover
Mumbai: Diamond trading in India improved in January, according to official data, as the country’s manufacturing sector continues to recover from a liquidity squeeze in the final months of last year. Imports of rough diamonds, an indicator of demand from India’s large cutting-and-polishing sector, jumped 28 percent to $1.26 billion during the month, according to the Gem & Jewellery Export
IDCA Honors Industry Figures
New York: The Indian Diamond & Colorstone Association (IDCA), New York, hosted its grand gala event during the AGTA Tucson Gem Show on February 2 at the Marriott University Park Hotel. IDCA President Ashok Sancheti opened the evening with a welcome address. Gemfields, PLC, was honored with the prestigious “Excellence in Colorstone – Mining to Marketing” Award. Accepting the award,
DS Expanding Screening Services for Syn. Rough
Hong Kong: With evidence mounting about a surge in the volume of uncut synthetic diamonds entering the marketplace, Diamond Services has announced that it is expanding its synthetic screening service for rough diamonds at its facilities in Hong Kong and New York. “The market has expressed an urgent need and we are responding,” said Joseph Kuzi, Diamond Services’ CEO and
Zimbabwe’s 'Dead' Diamond Ind Needs Reviving
Harare: The decision to consolidate diamond mining killed the industry in Zimbabwe and government is currently re-engaging the Chinese companies that were operating in Marange to reach an amicable settlement, said Finance Minister, Patrick Chinamasa while addressing Confederation of Zimbabwe Industries (CZI). New Zimbabwe writes that according to the minister, the diamond mining sector is “dead” and is currently not
India’s Diamond Trade Continues to Recover
Mumbai: Diamond trading in India improved in January, according to official data, as the country’s manufacturing sector continues to recover from a liquidity squeeze in the final months of last year. Imports of rough diamonds, an indicator of demand from India’s large cutting-and-polishing sector, jumped 28 percent to $1.26 billion during the month, according to the Gem & Jewellery Export
IDCA Honors Industry Figures
New York: The Indian Diamond & Colorstone Association (IDCA), New York, hosted its grand gala event during the AGTA Tucson Gem Show on February 2 at the Marriott University Park Hotel. IDCA President Ashok Sancheti opened the evening with a welcome address. Gemfields, PLC, was honored with the prestigious “Excellence in Colorstone – Mining to Marketing” Award. Accepting the award,
DS Expanding Screening Services for Syn. Rough
Hong Kong: With evidence mounting about a surge in the volume of uncut synthetic diamonds entering the marketplace, Diamond Services has announced that it is expanding its synthetic screening service for rough diamonds at its facilities in Hong Kong and New York. “The market has expressed an urgent need and we are responding,” said Joseph Kuzi, Diamond Services’ CEO and
Zimbabwe’s 'Dead' Diamond Ind Needs Reviving
Harare: The decision to consolidate diamond mining killed the industry in Zimbabwe and government is currently re-engaging the Chinese companies that were operating in Marange to reach an amicable settlement, said Finance Minister, Patrick Chinamasa while addressing Confederation of Zimbabwe Industries (CZI). New Zimbabwe writes that according to the minister, the diamond mining sector is “dead” and is currently not
