We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
Top News
U.S. Adds 211,000 Jobs in Nov
New York: The U.S. economy added 211,000 jobs in November; a solid boost that likely means the Federal Reserve will raise interest rates later this month. The jobs gains exceeded expectations. Economists surveyed by CNNMoney predicted there would be 192,000 jobs added. The unemployment rate stayed steady at 5%, its lowest level since 2008. Strong hiring is a reassuring sign
May ‘Lord Tirupati’ Rescue India’s GMS!
New Delhi: The richest Hindu temple in the world could soon come to the rescue of Prime Minister Narendra Modi’s plan to recycle tonnes of idle gold and cut economy-hurting imports, according to Reuters and media reports. The gold monetization scheme, aimed at persuading individuals, institutions and rich temples to deposit some of their gold stash with banks to recycle,
JNA Awards Presents 2016 Award Categories
Hong Kong: Celebrating its fifth anniversary next year, the JNA Awards, the jewellery and gemstone industry’s premier platform for recognizing innovative and high-achieving individuals and enterprises, has announced changes to its award categories in 2016. The organizer of the event, JNA (Jewellery News Asia), has made adjustments to a few award categories to encourage greater participation from more regions and,
SSEF Releases Upgraded Version of ASDI
Basel: The Swiss Gemmological Institute SSEF has announced the release for international export of an upgraded version of its Automated Spectral Diamond Inspection (ASDI) device. The system is designed to support the diamond industry against the threat of small synthetic diamonds mixed into parcels of natural colourless melée diamonds. ASDI is able to conclusively identify colourless natural diamonds, by sorting
WDC Urges KP to Support Historic Reform
Dubai: Feriel Zerouki, President of the World Diamond Council (WDC), opened the 2025 Kimberley Process (KP) Plenary with a decisive call for participants to support a modernized definition of “conflict diamonds,” marking a pivotal moment for the international certification scheme. Ms. Zerouki highlighted three years of hard work, drafting and negotiation led by the WDC and honored the leadership of
Candere Opens Two New Stores in Mumbai
Mumbai: Candere, the lifestyle jewellery brand by Kalyan Jewellers has expanded its retail presence in Maharashtra with the launch of two new stores, one each in Andheri and Mulund. These new additions, marking Candere’s 97th and 98th store nationwide, further reinforce the brand’s commitment to offering accessible, stylish, and contemporary jewellery for today’s discerning customers. The newly launched Andheri and Mulund stores
12th IRGSS Inaugurated in Jaipur
Jaipur: The 12th Edition of the India Rough Gemstones Sourcing Show (IRGSS) 2025 was inaugurated on 17th November 2025 by Mr. R. K. Chandan, Commissioner of Customs, Jaipur. He was joined by Shri Jitendra Meena, Deputy Commissioner of Customs, ACC Jaipur. Mr. Chandan was welcomed and felicitated by Mr. Yogendra Garg, Regional Chairman, GJEPC, and Mr. D. P. Khandelwal, Convener of
World Diamond Congress in Singapore from July 12
Singapore: The next World Diamond Congress, a joint assembly of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), will be held July 12-15, 2026, at the Sands Expo & Convention Centre. “We are excited to hold this pivotal industry gathering once again in Singapore,” Fabio Cascapera, President of the Diamond Exchange of Singapore (DES),
