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
UAE to Increase Local Jewelry Manufacturing
Dubai: A UAE jeweler has confirmed plans to set up design and productions facilities that will increase the country’s capacity to manufacture locally made jewelry, enabling ‘Made in UAE’ imprint to spread out more in the Gulf and further afield. Malabar Gold & Diamonds, a major retailer, is to open a $20 million (AED75 million) facility at Dubai TechnoPark, which
Amnesty Report on CAR Ignores Antwerp Controls
Antwerp: Despite the fact an Amnesty International team visited the Antwerp World Diamond Centre, including the Antwerp Diamond Office which supervises all imports and exports of diamonds to and from Antwerp, and was able to witness how the strict controls on imports of rough are conducted in Antwerp, the Antwerp World Diamond Centre cannot but conclude the report contains factual
Rio Tinto Sets First-Time India Rough Auction
Mumbai: Rio Tinto Diamonds has set out plans to bring rough diamonds for the first time directly into India from its Argyle mine in Australia and Diavik mine in Canada for auction viewings. The products will be on display at the Bharat Diamond Bourse’s new Special Notified Zone at the end of November. The viewings, open only to fully registered
'Indian Consumers Need Different Strategy'
Mumbai: Diamond retailers will be required to adopt differentiated approaches to realize the significant growth opportunity in India, the world’s third-biggest consumer market for diamonds in which demand has more than trebled over the last decade, according to De Beers. Rising incomes and aspirations could afford the industry an even bigger prize over the next 10 years, the company said
‘Advanced Leadership Programme in Gold Entrepreneurship’
Mumbai: The Indian Association for Gold Excellence and Standards (IAGES), announced the launch of the Advanced Leadership Programme in Gold Entrepreneurship, developed jointly with SPJIMR (Bharatiya Vidya Bhavan’s S. P. Jain Institute of Management & Research). The six-month executive programme is designed to build a new generation of professionally trained leaders for India’s gold and jewellery industry, combining SPJIMR’s academic
Did Natural Diamond Ind. Misjudge LGD Threat?
The natural diamond industry is finally confronting a question it perhaps should have asked much earlier: Did it underestimate the speed, scale and nature of the laboratory-grown diamond (LGD) revolution? For years, laboratory-grown diamonds (LGDs) were treated by much of the natural diamond industry as a niche product—an inexpensive alternative with limited appeal to serious jewellery consumers. The assumption was
India’s G&J Exports Rise 2.44% in April–July 2026
Mumbai: India’s gross gems and jewellery (G&J) exports for the April–July 2026 period stood at US$ 9.17 billion (Rs. 87,078.01 crore), registering 2.44% growth in US Dollar terms and 13.58% growth in Rupee terms over the corresponding period last year, according to figures provided by Gem & Jewellery Export Promotion Council (GJEPC). The growth has been led by value-added segments.
Russia Plans Europe’s Largest Diamond Cutting Cluster
Moscow: Russia is planning to create the largest cluster of diamond-cutting facilities in Europe, in a move aimed at retaining more value from its stones. The cluster will combine Alrosa’s Kristall cutting plant in Smolensk with facilities in the Republic of Sakha (Yakutia), Russia’s main diamond-producing region. President Vladimir Putin formalized the plan in an executive order signed August 6.
