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 Launches its Final Beyond Rare Tender
Mumbai: Rio Tinto has launched its final Beyond Rare TM Tender, the third in its annual Art Series, featuring 52 lots of extraordinarily rare masterpieces of nature, from its Canadian and Australian diamond mines. Titled Into the Light, this unique event marks a special chapter in world diamond history. With Rio Tinto’s Australian Argyle Diamond Mine ceasing operations in November
JGW Hong Kong Honours Sustainability Champions
Hong Kong: The Winners and Finalists of the Sustainability Awards 2025 by JWA (Jewellery World Awards) were celebrated at a Recognition Ceremony hosted last night by the industry’s No.1 jewellery sourcing destination – Jewellery & Gem WORLD Hong Kong (JGW). Powered by Informa Markets Jewellery, the Awards programme recognises exceptional sustainability initiatives within the fine jewellery, gemstone and related sectors.
Diwali Edition of GJS Opens in Mumbai
Mumbai: The India Gem & Jewellery Show (GJS2025) – Diwali Edition officially opened yesterday with a grand inauguration ceremony at the Jio World Convention Centre, Mumbai. The prestigious event was inaugurated by Chief Minister of Maharashtra, Mr. Devendra Fadnavis who attended the #HamaraApnaShow as Chief Guest, marking a proud moment for the Indian gem and jewellery industry. Also graced by
Augmont Receives Promising Gold Bullion Refiner Award
Mumbai: Augmont Enterprises Ltd., one of India’s established gold platforms, has been recognized with the prestigious “Promising Gold Bullion Refiner (All India)” award at the India Gold Conference (IGC) 2025. This recognition reflects the company’s role in contributing to the evolving bullion industry. At the conference, Mr. Ketan Kothari, Director at Augmont, was presented with the IGC Excellence Award 2025:
Gemfields’ May Emeralds Auction Sets Record
Mumbai: Gemfields sold 208,990 carats of high-quality emeralds mined at its 75%-owned Kagem Mine in Zambia for total auction revenues of $35 million. The stones were sold at an average price of $167.51 per carat. It said the 48 auctions of Kagem gemstones held since July 2009 have generated just above $1 billion in total revenues. “We are very pleased
India Pavilion at JCK Las Vegas 2024
Las Vegas: The Gem & Jewellery Export Promotion Council (GJEPC) organised India Pavilion at the 2024 JCK Las Vegas trade show, continuing its presence at this key event for the 19th consecutive year. Scheduled from 31st May to 3rd June 2024, at the Sands Expo & The Venetian, this year’s event promises to be a spectacular showcase of the finest
Lab Grown Threat to Botswana Economy
Gaborone: Lab grown diamonds (LGDs) are a threat to Botswana’s economic lifeblood, says the country’s president Mokgweetsi Masisi. He was speaking to reporters on 29th May, ahead of the first phase in a $6bn project to extend the life of Jwaneng, its flagship diamond mine. “If lab grown diamonds take our space, then you and I are finished,” he said.
GJEPC Expanding Market Horizons in LAC
Mumbai: As part of their mission, the GJEPC delegation recently visited Panama to assess market needs, identify business opportunities, and network with industry associations and leading companies. The aim is to solidify India’s presence in the Latin America and Caribbean (LAC) region’s gems and jewellery sector and encourage greater participation in international trade events. During their visit, the Indian Ambassador
