We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Top News
Strong Demand for Blue Fancy Diamonds in Q3
Tel Aviv: As the diamond industry gears up for its hot selling holiday season, fancy color diamond prices are holding steady. According to the Fancy Color Diamond Index, prices of these diamonds remained stable during the third quarter of 2015, at a time when white diamond prices showed declines of 6 V 10%. The best performing fancy color diamonds were
Botswana 3Q Rough Exports -41%
Gaborone: Exports of rough diamonds from mines in Botswana fell 41 percent to $531.9 million in the third quarter to September, mirroring disappointing sales at recent De Beers sights. July exports from Botswanan mines were zero, while September exports were low at $173.4 million, according to the Bank of Botswana. The August figure was higher at $358.5 million. Exports for
WFDB ExCo Meeting Agrees on New Strategy
Antwerp: The World Federation of Diamond Bourses (WFDB) has held its Executive Committee meeting in Idar-Oberstein, Germany, where members discussed and debated the next steps the organization should take to increase its global footprint. On the agenda were expanding the membership of the WFDB as a leader of the worldwide diamond trade by accepting associate and other members, and introducing
Tomoko Kodera Wins 1st Prize of HRD Awards
Antwerp: Tomoko Kodera, from Japan, won first prize and $10,000 at the recent 17th edition of the HRD Awards. Kodera’s winning piece, “Rice Husks,” is a brooch containing 400 handmade rice husks. This year’s design brief was to find inspiration from a designer’s own culinary heritage. The four other finalists were Shiu Liang and Freeman Johnson from China, and Evi
New Tariff Puts India’s G&J Exports Under Pressure
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has taken note of the United States’ transition from the temporary Section 122 balance-of-payments surcharge to the new Section 301 tariff regime, effective from 24 July 2026, under which the additional tariff on Indian gem and jewellery (G&J) exports remain unchanged at 10%. The new tariff framework follows the conclusion of investigations
European Natural Diamonds Exempted from US Tariffs
Antwerp: Natural diamonds cut in Europe will once again be exempted from US import tariffs. This brings an end to the 10% import tariff that had been in effect for the past six months. The restored exemption is significant news for the Antwerp diamond sector: Antwerp is Europe’s leading diamond-cutting centre, and the United States is a major trading partner
De Beers’ Rough Production Rises 88% in Q2 2026
London: De Beers has reported that its rough diamond production was 88% higher at 7.8 million carats, reflecting the impact of the extended maintenance shutdown in the comparative period at Orapa in Botswana, as well as the planned mining of higher-grade ore at both Jwaneng in Botswana and Gahcho Kué in Canada. Planned plant maintenance at Orapa and Jwaneng during
Only Natural Diamonds Should be Graded with 4Cs: CIBJO
Milan: The Diamond Commission of the World Jewellery Confederation (CIBJO) has insisted that the 4C polished diamond grading system (cut, color, clarity, and carat weight) should only be used for natural stones, but not synthetic ones. In the Special Report prepared for the upcoming 2026 CIBJO Congress, the Commission’s head Udi Sheintal also urged the industry’s stakeholders to use the
