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
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
Botswana Leadership Takes its Place on The World Stage
Gaborone: The Government of Botswana in collaboration with the Diamond Sector, has launched the 60 Years of Diamond Leadership Initiative and unveiled the diamond embedded medals for the Debswana World Athletics Relays Gaborone 26 at the Botswana National Museum. This moment marks a defining shift in Botswana’s diamond journey: from resource extraction to global reputation; from mineral value to public
GJC Issues Statewide Guidelines & Multilingual SOPs
Mumbai: The All India Gem and Jewellery Domestic Council (GJC) has launched a comprehensive industry-wide initiative to safeguard jewellery traders across Maharashtra by rolling out structured guidelines and Standard Operating Procedures (SOPs) aimed at ensuring fair, transparent, and accountable policing practices during theft investigations. This initiative follows the Government of Maharashtra’s circular dated March 14, 2024, and reflects GJC’s proactive
Roadmap for Gold Innovation & Global Reach
Mumbai: Senior leadership from the World Gold Council’s (WGC) London head office visited the Indian Institute of Gems & Jewellery (IIGJ), Mumbai, on 21 April 2026, with a clear focus on advancing gold jewellery innovation through design, technology and new product concepts. The visit explored collaboration on talent development alongside innovation-led initiatives, with the delegation also interacting with students exhibiting
Programme of 41st WDC Available on Website
Singapore: The Organizing Committee of the 41st World Diamond Congress (WDC), to be held July 12-15, 2026, in Singapore, announced that the full programme of the three-day event is now available and can be viewed in full on the dedicated Congress website. While the Congress panels for the joint WFDB and IDMA sessions were published earlier, the full programme now
