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
De Beers Cuts Diamond Forecast Yet Again
Gaborone: According to the Anglo American Q3 production report, De Beers’ diamond production for the third quarter of 2015 decreased 27% to six million carats, following the decision to reduce production to better reflect current trading conditions – namely, oversupply in the diamond market. Anglo also said that De Beers’ full year production guidance is now ~29 million carats –
Gem-A Appoint Interim Chief Executive
London: After several months without a Chief Executive Officer, the Council of the Gemmological Association of Great Britain (Gem-A) have appointed Nick Jones as interim CEO. Nick’s role as interim CEO is to manage the Association, and advise the Council on the future structure of the Association. Nick is a Chartered Accountant with a wealth of experience, who recently retired
IDW in New York Ended with Success Note
Ramat Gan: The fourth edition of the Israel Diamond Week in New York proved once again a successful enterprise. During the four-day event, about a hundred Israeli bourse members joined an equal number of American colleagues on the trading floor of the Diamond Dealers Club of New York (DDC), attending to more than two hundreds visiting buyers and droves of
De Beers’ Viewings of Auction in BDB on 27th Oct
Mumbai: The De Beers Group of Companies announced that its Auction Sales business intends to conduct viewings of auction lots at the Special Notified Zone (SNZ) in Mumbai, India, in November 2015 ahead of its December 2015 auction events. Under the current schedule, the full range of products to be offered for sale at the December auction will be available
Augmont Launches SPOT 2.0 for Efficient Business
Mumbai: Augmont, India’s Gold Platform has announced the launch of SPOT 2.0 — an improved trading platform application that consolidates every Augmont product and service into a single, secure, and intuitive interface. Designed specifically for jewellers, manufacturers, and retail customers, SPOT 2.0 replaces the fragmentation of multiple tools under a unified platform that puts the entire bullion trading ecosystem offered by Augmont
Lukson Jewels Grows with 25% Month on Month Expansion
Mumbai: Lukson Jewels, India’s emerging lab grown diamond (LGD) jewellery brand founded by third generation diamantaire Anand Lukhi, is witnessing accelerated growth as demand for conscious luxury and everyday fine jewellery rises among Millennial and Gen Z consumers. Backed by the 34-year legacy of the JK Star Group, the brand continues to strengthen its position within the evolving fine jewellery
GJEPC Offers Exciting Prizes at IIJS Tritiya Show
Bengaluru: Count-down has begun for the much awaited IIJS Bharat Tritiya Show at Bengaluru International Exhibition Centre to be held between 21st to 23rd March 2026. India’s Gem & Jewellery Export Promotion Council (GJEPC), the organizer of the Show has added a new attraction this year offering bumper prices like Mercedes Benz, Mahindra Thar cars and many more. The Mega
WGC Unveils ‘The Moment is Gold 2.0’ Campaign
Mumbai: The World Gold Council (WGC) has recently launched the second phase of its campaign, ‘The Moment is Gold’, reinforcing gold’s evolving role in contemporary lifestyles. With its second phase, the campaign positions gold as a modern social currency celebrating personal milestones, individual aspirations, and meaningful everyday achievements beyond traditional occasions. The initiative reflects a clear cultural shift, where gold
