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
WDM Launches Revamped B2B Website
Hong Kong: The World Diamond Mark (WDM), the not-for-profit organisation that was established in 2012 by the World Federation of Diamond Bourses (WFDB) to assist retail jewellers in selling more diamonds and to advance generic diamond promotion and advertising among consumers, has launched a completely revamped B2B website, at www.worlddiamondmark.org. The new WDM website reflects the many activities, changes and
Alrosa Introduces New Synthetic Detector
Moscow: Russian diamond miner Alrosa has introduced a new synthetic diamond detection device. The device can identify natural polished diamonds, synthetics, and treated diamonds, as well as non-diamond imitations (simulants) such as cubic zirconia and moissanite. The producer describes the device, which comes with just two buttons, as easy to use. It weighs less than 1.5 kg and can operate
Gahcho Kué Diamond Mine Opens
Gaborone: Gahcho Kué, the world’s largest new diamond mine in the last 13 years, officially opened yesterday. The mine, a joint venture with The De Beers Group of Companies (51 per cent) and Mountain Province Diamonds (49 per cent), is expected to produce approximately 54 million carats of rough diamonds from 35 million tonnes of ore over its lifetime. A
WFDB, IDE Optimistic After Hong Kong Fair
Antwerp: World Federation of Diamond Bourses’ (WFDB) President Ernie Blom and Israel Diamond Exchange (IDE) President Yoram Dvash believe the diamond and jewellery industries have reason to be optimistic as they head into the critical fourth quarter holiday season after solid results at the just-ended Hong Kong Jewellery and Gems Fair. Although sales were generally far from spectacular, the show
WDM Launches Revamped B2B Website
Hong Kong: The World Diamond Mark (WDM), the not-for-profit organisation that was established in 2012 by the World Federation of Diamond Bourses (WFDB) to assist retail jewellers in selling more diamonds and to advance generic diamond promotion and advertising among consumers, has launched a completely revamped B2B website, at www.worlddiamondmark.org. The new WDM website reflects the many activities, changes and
Alrosa Introduces New Synthetic Detector
Moscow: Russian diamond miner Alrosa has introduced a new synthetic diamond detection device. The device can identify natural polished diamonds, synthetics, and treated diamonds, as well as non-diamond imitations (simulants) such as cubic zirconia and moissanite. The producer describes the device, which comes with just two buttons, as easy to use. It weighs less than 1.5 kg and can operate
Gahcho Kué Diamond Mine Opens
Gaborone: Gahcho Kué, the world’s largest new diamond mine in the last 13 years, officially opened yesterday. The mine, a joint venture with The De Beers Group of Companies (51 per cent) and Mountain Province Diamonds (49 per cent), is expected to produce approximately 54 million carats of rough diamonds from 35 million tonnes of ore over its lifetime. A
WFDB, IDE Optimistic After Hong Kong Fair
Antwerp: World Federation of Diamond Bourses’ (WFDB) President Ernie Blom and Israel Diamond Exchange (IDE) President Yoram Dvash believe the diamond and jewellery industries have reason to be optimistic as they head into the critical fourth quarter holiday season after solid results at the just-ended Hong Kong Jewellery and Gems Fair. Although sales were generally far from spectacular, the show
