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
Rio Tinto to Lower Diamond Production
Perth: Rio Tinto will cut back its production of diamonds this year and focus on bringing more affordable jewellery to the Chinese market as ample supply and waning demand for the precious gemstones weigh on prices, writes Financial Review. The miner announced on Friday it would “pause final product processing in the fourth quarter at Argyle in light of current
Dramatic Fall in Zimbabwe’s Diamond Production
Harare: Zimbabwe’s mines minister Walter Chidhakwa said the fall in the production of diamonds in the country over the past years has been “dramatic” and he is not “so sure we have a diamond sector” at the moment. Diamond output in the country had been on a downward trajectory as alluvial miners in Marange claimed that their concessions had run
Praveenshankar Pandya is Chairperson of GJEPC
Mumbai: Results for the elections for the posts of Gem & Jewellery Export Promotion Council (GJEPC) Chairperson and Vice Chairperson; and for the Committee of Administration of Panel Members and Regional Chairpersons for the period 2015-17 were declared today. Praveenshankar Pandya of Revashankar Gems and also Chairperson of Diamond India Ltd, was elected Chairperson of the GJEPC. Russell Mehta, CEO of
First M-E Jewellery Designers’ Forum Successful
Dubai: The ‘First Middle East Jewellery Designers’ Forum’ saw a successful launch during the recently concluded ‘Mid-East Watch and Jewellery Show Sharjah’. Initiated by The New Jeweller Group, the First Middle East Jewellery Designers’ Forum was a historic moment as Leading Jewellery Designers of the Middle Eastern region enthralled the participants with their best of designs and creativity. The Forum
Golconda & Ancient Diamonds: A Historical Perspective
Singapore: On the third day of 41st World Diamond Congress, on July 15, distinguished jewellery historian and author, Dr. Usha Balakrishnan, of Mumbai, India, will be presenting a lecture entitled “Golconda and Ancient Diamonds – A Historical Perspective. ” “For nearly 2,000 years, every diamond the world had ever seen came from a mystical land, now known as India. These
Call for African Unity to Defend Natural Diamond Industry
Freetown, Sierra Leone: Against a backdrop of mounting concern over the future of Africa’s diamond sector, ministers from leading diamond-producing nations convened in Freetown, Sierra Leone, on May 20, 2026, to address a challenge that is rapidly transforming the global jewellery landscape—the growing dominance of laboratory-grown diamonds. A key voice at the Council of Ministers meeting of the African Diamond
Resilient Growth for Platinum Jewellery in 2025
Mumbai: Platinum Guild International (PGI) presented its annual Platinum Jewellery Business Review (PJBR) in an online presentation, themed “A year of resilience”. The review set out platinum jewellery demand across key markets in 2025 and the outlook for 2026, describing an exceptional year for platinum jewellery that was best characterized as a year of resilience. Mr. Tim Schlick, CEO of PGI, reviewed
GJEPC Charts $100 Bln. Export Vision for India’s G&J Sector
New Delhi: Mr. Kirit Bhansali, Chairman, Gem & Jewellery Export Promotion Council (GJEPC), was invited to attend the meeting organized with selected representatives of various industry sectors that contribute majorly to India’s merchandise exports chaired by Hon’ble Prime Minister Mr. Narendra Modi at New Delhi, on 3rd November 2025. Mr. Kirit Bhansali was representing the Gems & Jewellery sector that contributes 7%
