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
Platinum Prices Go Below $900/Ounce
London: Platinum prices sank below $900 an ounce on Friday for the first time since the recession, as pressure from the Volkswagen AG emissions scandal hammered a precious metal already wounded by high supply and lackluster demand. Having fallen steadily since July last year, prices are now down more than 50% from an all-time high of $1,912.20 in mid-2011. The
Botswana Rough Exports -15% in 1H
Gaborone: The value of rough diamonds exports from Botswana’s mines fell 15 percent in the first six months of the year to $1.7 billion, official data showed on Tuesday. Diamond exports contribute 30 percent to the GDP of the southern African nation. But diamond demand has slowed since late 2014 as middlemen who buy rough stones struggle with a stronger
BDB Becomes Exclusive Natural Diamond Area
Mumbai: Bharat Diamond Bourse (BDB) has declared that no person / organization shall promote or trade or be permitted to promote or trade or carry synthetic diamonds / Lab grown diamonds / man-made diamonds within the premises of Bharat Diamond Bourse and hence only “Natural Diamonds” will be traded in the premises of Bharat Diamond Bourse. BDB at its 31st
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
First Jewellery Export Consignment to the UK Under India–UK CETA
Mumbai: Mumbai, India’s financial capital and the country’s premier hub for gem and jewellery exports, yesterday marked a historic milestone with the flagging off of the first jewellery export consignment to the United Kingdom under the India–UK Comprehensive Economic and Trade Agreement (CETA). The Mumbai flag-off forms part of a nationwide initiative being held across Delhi, Surat, Jaipur, Chennai and
IIJS Premiere: Overseas Buyers Passport Scheme for Int’l Buyers
Mumbai: For the IIJS Bharat Premiere 2026, the Gem and Jewellery Export Promotion Council (GJEPC) has launched an exclusive Overseas Buyers Passport Scheme. Participating International buyers can win a fixed flight reimbursement of USD 525 through a lucky draw. This initiative has been designed to encourage overseas buyers to explore a wider range of exhibitors across the show, thereby fostering
India-UK Buyer Seller Meet Concludes Successfully
London: The India-UK Jewellery Buyer-Seller Meet 2026 concluded successfully, bringing together 20 leading Indian gem & jewellery manufacturers and prominent UK buyers to explore new business opportunities and strengthen bilateral trade ties. Held at the Arsenal Executive Box, Emirates Stadium, London, the two-day meet served as a dynamic platform for meaningful networking, strategic partnerships, and high-value business discussions. With the
Mehul Shah Elected President of WFDB
Mumbai: Mehul Shah, Vice President of Bharat Diamond Bourse has been elected President of World Federation of Diamond Bourses, (WFDB) the apex global body of the diamond trade comprising 26 Diamond Bourses from across the Globe and 6 affiliated members. The election took place on Monday, July 12, during the ongoing World Diamond Congress in Singapore. Leaders of the 21
