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
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Registration for IDW in New York is Open
Ramat Gan: Registration for the fourth edition of the Israel Diamond Week in New York is now open. Diamond buyers interested in attending are requested to register HERE. The event will be held on the trading floor of the Diamond Dealers Club of New York, at 580 Fifth Avenue in midtown Manhattan, October 19-22, 2015. “The diamond trading centers of
CAR Still Suspended by Kimberley Process
Antwerp: The Kimberley Process (KP) suspended the Central African Republic (CAR) in May 2013, meaning that all countries are forbidden from importing rough diamonds from CAR. Because the situation in certain parts of the country has seen considerable progress, it was decided in June 2015 during the KP Intersessional to grant CAR the opportunity to eventually start exporting rough diamonds
Zimbabwe’s Aurex Diamonds to be Capacitated
Harare: Aurex Diamonds, a subsidiary of the Reserve Bank of Zimbabwe, is set to be capacitated to “enhance” the country’s capacity to export “high value” polished diamonds. The Herald newspaper reports that the central bank had pumped in $1 million towards resumption of Aurex operations. This saw capacity utilization in the jewellery line leaping from less than two percent in
Superfast Melee Screening Device Developed
Hong Kong: WTOCD (Antwerp Scientific Research Centre for Diamonds) has developed an automatic melee screening device in collaboration with HRD Antwerp. The M-Screen is a superfast, automated, high capacity melee screening device that screens round brilliant diamonds from 1 point to 20 points for potential lab grown diamonds, potential HPHT colour enhanced diamonds and simulants. The M-Screen automatically feeds, screens
IIGJ Udupi Centre Inaugurated by India’s FM
Udupi, (Karnataka): Marking a significant milestone in India’s gem and jewellery skill development landscape, the Indian Institute of Gems & Jewellery (IIGJ), Udupi was unveiled yesterday as a new centre of excellence by India’s Finance Minister (FM) Mrs. Nirmala Sitharaman, reaffirming the government’s continued focus on skilling, innovation and employment generation for the sector. The ceremony was attended by Mr.
India and New Zealand Sign Strategic FTA
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has welcomed the signing of the India–New Zealand Free Trade Agreement (FTA) on 27 April 2026, calling it a timely and strategic step that opens a high-potential market for Indian gem and jewellery exporters. India’s current gem and jewellery exports to New Zealand stand at approximately USD 16.61 million. With zero-duty
Suresh Hathiramani Elected as Chairman of WDHB
Singapore: The World Diamond Heritage Board (WDHB) has announced the appointment of Mr. Suresh Hathiramani as Chairman and Mr. Alex Popov as Vice-Chairman, of the Selection Committee of the World Diamond Heritage List (WDHL). A Historic Initiative for the Diamond Industry: The World Diamond Heritage List is an initiative designed to identify and document the 100 diamonds that have shaped
Antwerp’s Diamond Trade Increased by 20% in Q1
Antwerp: According to figures from the Antwerp World Diamond Centre (AWDC), the total volume of diamonds traded in Antwerp increased by nearly 20% in the first quarter of 2026 compared to the same period last year. The import of rough diamonds in particular saw strong growth, with a 35.7% increase in volume. In terms of total trade value, the trading
