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
Hennig to Offer Polished Tender in Israel
Ramat Gan: I. Hennig Tenders will be tendering a large selection of polished diamonds in collaboration with the Israel Diamond Exchange’s new International Tender Center at its upcoming Polished Diamond Tender. The Tender will offer a wide range of both parcels and single stones in all shapes, qualities and sizes. The Tender will be held in Israel from September 25th
JCK Las Vegas 2017 Shows Rescheduled
Las Vegas: The JCK and LUXURY shows will have their dates changed for the 2017 editions to enable Jewish exhibitors and visitors to observe the holiday of Shavuot. The festival is observed by several hundred of JCK’s and LUXURY’s customers. LUXURY will open on June 2 and continue through the weekend, while the JCK show opens on June 5 and
De Beers’ 7th Sales Cycle Fetches $630 Million
Gaborone: De Beers sold $630 million of rough in its seventh sales cycle this year as diamond cutters increased their demand for stock ahead of the forthcoming holiday season. Revenue grew from a revised $528 million in the previous cycle, the miner said. A year ago, sales stood at $358 million. The figure includes the latest De Beers sight
KP, AWDC to Hold Sp. Forum on Rough Evaluation
Antwerp: Kimberley Process (KP) Chair Ahmed Bin Sulayem has announced the second in a series of three, one-day ‘Special Forums’ on rough diamond valuation to be held on September 30 at the Hylitt Hotel in Antwerp. The forum aims to foster debate on the future shape and methodology of rough diamond valuation. In association with the Antwerp World Diamond Conference
Hennig to Offer Polished Tender in Israel
Ramat Gan: I. Hennig Tenders will be tendering a large selection of polished diamonds in collaboration with the Israel Diamond Exchange’s new International Tender Center at its upcoming Polished Diamond Tender. The Tender will offer a wide range of both parcels and single stones in all shapes, qualities and sizes. The Tender will be held in Israel from September 25th
JCK Las Vegas 2017 Shows Rescheduled
Las Vegas: The JCK and LUXURY shows will have their dates changed for the 2017 editions to enable Jewish exhibitors and visitors to observe the holiday of Shavuot. The festival is observed by several hundred of JCK’s and LUXURY’s customers. LUXURY will open on June 2 and continue through the weekend, while the JCK show opens on June 5 and
De Beers’ 7th Sales Cycle Fetches $630 Million
Gaborone: De Beers sold $630 million of rough in its seventh sales cycle this year as diamond cutters increased their demand for stock ahead of the forthcoming holiday season. Revenue grew from a revised $528 million in the previous cycle, the miner said. A year ago, sales stood at $358 million. The figure includes the latest De Beers sight
KP, AWDC to Hold Sp. Forum on Rough Evaluation
Antwerp: Kimberley Process (KP) Chair Ahmed Bin Sulayem has announced the second in a series of three, one-day ‘Special Forums’ on rough diamond valuation to be held on September 30 at the Hylitt Hotel in Antwerp. The forum aims to foster debate on the future shape and methodology of rough diamond valuation. In association with the Antwerp World Diamond Conference
