We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Gold and Silver Ran 5% Despite a Hawkish Fed. Are Markets Repricing Fiscal Risk?
Macro Snapshot: The week ending August 21 was defined by two opposing forces. On Tuesday the 30-year Treasury yield touched 5.34%, its highest reading since 2007. On Wednesday the Treasury Department announced it would at least double its liquidity-support buybacks of 10 to 30-year securities; hours later, FOMC minutes from July 28 to 29 showed many participants judged further tightening would likely be necessary if inflation did not decline. On the same day, US federal debt crossed $40 trillion, only
Gold and Silver Ran 5% Despite a Hawkish Fed. Are Markets Repricing Fiscal Risk?
Macro Snapshot: The week ending August 21 was defined by two opposing forces. On Tuesday the 30-year Treasury yield touched 5.34%, its highest reading since 2007. On Wednesday the Treasury Department announced it would at least double its liquidity-support buybacks of 10 to 30-year securities; hours later, FOMC minutes from July 28 to 29 showed many participants judged further tightening would likely be necessary if inflation did not decline. On the same day, US federal debt crossed $40 trillion, only
Top News
High Gold Price Deters Demand in India
Mumbai: A rally in gold has seen the precious metal hit two-year highs and this could slow gold offtake even if the country receives good rainfall as rising prices will deter gold purchase particularly in rural India that accounts for 60% of India’s annual gold consumption of 900-950 tonnes. Bullion traders say unless prices fall to Rs 28,000 per 10
“Diamonds & Antwerp, it’s in our DnA!”
Antwerp: The Antwerp diamond industry launched a new campaign yesterday that aims to reinvigorate the city’s reputation as diamond capital of the world, both at home and abroad. “Diamonds and Antwerp, it’s in our DnA” celebrates more than five centuries in which the city has been synonymous with diamonds, highlighted by a festive diamond themed period, starting October 2017, organized
ALROSA Recovers a 241.21-Carat Diamond
Moscow: ALROSA, the world’s leader in diamond mining, has recovered a 241.21-carat rough diamond from the Nyurbinskaya diamond pipe. It is one of the largest rough diamonds recovered in the Russian Federation and the third largest among those found at the Nyurba Mining and Processing Division. The crystal measures 38.64 mm by 27.34 mm by 25.46 mm, and is translucent
Rockwell Diamonds’ Productivity-Sales Jump in Q1
Vancouver: As a result of continuous improvement of mining throughput, Rockwell Diamonds has reported improved production and sales performance after a tumultuous quarter of the last financial period, with the volume of diamonds produced in Q1 (the three months ended May 31, 2016) up 32% compared to the first quarter of 2016 and up 7% on Q4 2016, “chiefly due
High Gold Price Deters Demand in India
Mumbai: A rally in gold has seen the precious metal hit two-year highs and this could slow gold offtake even if the country receives good rainfall as rising prices will deter gold purchase particularly in rural India that accounts for 60% of India’s annual gold consumption of 900-950 tonnes. Bullion traders say unless prices fall to Rs 28,000 per 10
“Diamonds & Antwerp, it’s in our DnA!”
Antwerp: The Antwerp diamond industry launched a new campaign yesterday that aims to reinvigorate the city’s reputation as diamond capital of the world, both at home and abroad. “Diamonds and Antwerp, it’s in our DnA” celebrates more than five centuries in which the city has been synonymous with diamonds, highlighted by a festive diamond themed period, starting October 2017, organized
ALROSA Recovers a 241.21-Carat Diamond
Moscow: ALROSA, the world’s leader in diamond mining, has recovered a 241.21-carat rough diamond from the Nyurbinskaya diamond pipe. It is one of the largest rough diamonds recovered in the Russian Federation and the third largest among those found at the Nyurba Mining and Processing Division. The crystal measures 38.64 mm by 27.34 mm by 25.46 mm, and is translucent
Rockwell Diamonds’ Productivity-Sales Jump in Q1
Vancouver: As a result of continuous improvement of mining throughput, Rockwell Diamonds has reported improved production and sales performance after a tumultuous quarter of the last financial period, with the volume of diamonds produced in Q1 (the three months ended May 31, 2016) up 32% compared to the first quarter of 2016 and up 7% on Q4 2016, “chiefly due
