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
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Zimbabwe Ups Levy for Miners to Fund Exploration
Harare: The Zimbabwean government is said to have increased a mining levy to fund exploration activities as it transforms the Minerals Marketing Corporation of Zimbabwe (MMCZ) into a state exploration company. Zimbabwe had vast mineral wealth spanning diamonds, platinum, gold, nickel, chrome and coal among other natural resources. However, much of the minerals remained underground and there was no much
WFDB Imposes Sanctions on a Belgian Company
Antwerp: World Federation of Diamond Bourses (WFDB) has announced that it implemented sanctions against the Belgian company BVBA KARDIAM, based in Antwerp. According to the announcement published by WFDB, the company has allegedly supported “armed groups or criminal networks in the Central African Republic through the illicit mining and trade in natural resources, including diamonds and gold”. On 21 August
Diamond Detection Expo & Symposium in Mumbai
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) in association with Bharat Diamond Bourse (BDB) will be organizing the Diamond Detection Expo & Symposium (DDES 2015) on Dec 15-16, 2015 at the BDB in Mumbai. The two-day event aims to provide a platform for companies offering machines & equipment for the detection of synthetic diamonds, as well as leading
VicenzaOro Dubai from 14th April 2016
Dubai: VICENZAORO DUBAI (VOD), organized by DV Global Link – a joint-venture company between Fiera di Vicenza and the DUBAI World Trade Centre (DWTC), will “open a new chapter in the worldwide jewellery industry” as the unique networking platform designed for the Jewellery Business Community in Dubai; one of the world’s top trading hubs for gold, jewellery, gemstones and diamonds.
BIS Initiative to Strengthen Consumer Confidence
Mumbai: As India rapidly emerges as one of the world’s most important jewellery consumption markets, the need for transparency and consumer confidence has never been more critical. Valued at approximately US$80–85 billion in FY24, the Indian jewellery sector is projected to grow to US$225–245 billion by FY35, underscoring the scale and momentum of domestic demand. Within this broader growth, diamond
Overall Outlook Remains Positive for Gold & Silver in 2026
Mumbai: The All India Gem & Jewellery Domestic Council (GJC) has issued its annual review of the bullion market, highlighting the extraordinary rally in gold and silver during 2025, which has pushed both metals to record or near-record highs by December and the factors driving this surge. The sharp rally in gold and silver witnessed this year is the result
Sara Tendulkar Appointed as Brand Ambassador of Litestyle by PNG
Pune: Litestyle by PNG, the contemporary lightweight fine jewellery brand from PNG Jewellers, has announced Sara Tendulkar as its brand ambassador, marking a key step in strengthening the brand’s connection with India’s future jewellery consumers. The association reinforces Litestyle’s role as a strategic bridge between PNG Jewellers’ legacy customers and its future customers. While PNG has been a trusted name
Commerce Secretary Visits GJEPC Ofiice
Mr. Rajesh Agrawal, Commerce Secretary, Department of Commerce, India, visited GJEPC headquarters in Mumbai on 26 December and held a detailed interaction with GJEPC’s Committee of Administration, including Mr. Kirit Bhansali, Chairman, Mr. Shaunak Parikh, Vice Chairman, Mr. Anoop Mehta, Convener – Diamond Panel, Mr. Russell Mehta, Co-Convener – Diamond Panel, Mr. K.S. Srinivasan, Convener – Gold Panel, Mr. Ashish
