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?
The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal
Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in
The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal
Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in
Top News
AGS Announces '17 Circle of Distinction Honorees
New York: The American Gem Society (AGS) will honor three leaders in the jewelry industry at its annual Circle of Distinction dinner on July 25 in New York City. Dr. James Shigley, a distinguished research fellow at the Gemological Institute of America (GIA) in Carlsbad, CA, will receive the prestigious Lifetime Achievement Award for his significant contributions to the industry
IDE to Host 3 I. Hennig Rough Tenders in March
Ramat Gan: I. Hennig Tenders, a leading international diamond tender operator, will hold three rough diamond tenders at the Israel Diamond Exchange (IDE) International Tender Center from March 13-16, 2017. The first tender will offer two special fancy color rough diamonds of yellow color from the Superkolong diamond tailings operation in Kimberley, South Africa. The stones weigh 77.54 and 38.88
HK Show Signals Optimism in Asian Markets
Hong Kong: The Hong Kong International Diamond, Gem & Pearl Show, which ran from February 28 and closed March 4, was the first major gem show this year, and may signal a trend in the global diamond industry and in Asian markets specifically. Chairman of the Israel Diamond Institute Group of Companies (IDI) Shmuel Schnizter said, “Our general impression is
Belgium’s Polished Exports Decline
Antwerp: Belgium’s diamond-trade statistics for February made for somber reading, as data from the Antwerp World Diamond Centre (AWDC) showed a slowdown in both polished and rough shipments. Polished exports slid 15 percent year on year to $1.35 billion, with shipments dropping 14 percent by volume to 530,947 carats, according to the data released Monday. The average price of exports
AGS Announces '17 Circle of Distinction Honorees
New York: The American Gem Society (AGS) will honor three leaders in the jewelry industry at its annual Circle of Distinction dinner on July 25 in New York City. Dr. James Shigley, a distinguished research fellow at the Gemological Institute of America (GIA) in Carlsbad, CA, will receive the prestigious Lifetime Achievement Award for his significant contributions to the industry
IDE to Host 3 I. Hennig Rough Tenders in March
Ramat Gan: I. Hennig Tenders, a leading international diamond tender operator, will hold three rough diamond tenders at the Israel Diamond Exchange (IDE) International Tender Center from March 13-16, 2017. The first tender will offer two special fancy color rough diamonds of yellow color from the Superkolong diamond tailings operation in Kimberley, South Africa. The stones weigh 77.54 and 38.88
HK Show Signals Optimism in Asian Markets
Hong Kong: The Hong Kong International Diamond, Gem & Pearl Show, which ran from February 28 and closed March 4, was the first major gem show this year, and may signal a trend in the global diamond industry and in Asian markets specifically. Chairman of the Israel Diamond Institute Group of Companies (IDI) Shmuel Schnizter said, “Our general impression is
Belgium’s Polished Exports Decline
Antwerp: Belgium’s diamond-trade statistics for February made for somber reading, as data from the Antwerp World Diamond Centre (AWDC) showed a slowdown in both polished and rough shipments. Polished exports slid 15 percent year on year to $1.35 billion, with shipments dropping 14 percent by volume to 530,947 carats, according to the data released Monday. The average price of exports
