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
Top News
Jeffrey Bilgore Elected President of AGTA
New York: The American Gem Trade Association (AGTA) announced the results of its annual board of directors’ election, according to a statement released September 11. Jeffrey Bilgore of Jeffrey Bilgore, LLC, was elected President. Cynthia Renée (Marcusson) of Cynthia Renee, Inc., and Avi Raz of A & Z Pearls, Inc., were re-elected as directors to the board. Kusam Malhotra of
Alrosa to cut rough Prices by 8 to 10%
Moscow: Russian diamond miner ALROSA will lower rough diamond prices at its September trading session by 8% to 10%, Russian news agency Interfax reported Sept. 15, citing two unnamed sources involved in diamond trading. The company took the decision to reduce prices Sept. 14, according to the news wire. “Preliminarily, the drop is 10%, in the framework of the market
UAE to Become Chair of KP In 2016
Dubai: Dubai Multi Commodity Centre (DMCC), one of the world’s leading commodity hubs and the UAE Ministry of Economy’s authority for the Kimberley Process Certification Scheme (KP), welcomed the selection of the UAE as the Vice-Chair of the KP in 2015. The appointment was recently confirmed through a voting process involving all KP Participants. The UAE will assume the role
Gujarat Hira Bourse Denotified as SEZ
Surat: The Gujarat Hira Bourse (GHB) project in Surat has been denotified as a Special Economic Zone, according to a decision taken by the Ministry of Commerce, Government of India recently, reports gjepc.org. The notification from the ministry, signed by Dr. Guruprasad Mohapatra, Jt Secy, Department of Commerce, has rescinded an earlier government order of 2007 under which the bulk
Diamond is Forever: The Making of a Cultural Icon 1926–2026
Mumbai: De Beers Group, a global leader in the natural diamond industry with a legacy spanning over a century, is launching A Diamond Is Forever: The Making of a Cultural Icon 1926–2026, a visual retrospective celebrating its pioneering role in shaping the world of natural diamonds. The book traces how, beginning in the 1930s, the brand reimagined natural diamonds from discreet
IIJS Bharat Tritiya Unveils India’s Strength As Global Jewellery Powerhouse
Mumbai: India today solidified its position as a global jewellery powerhouse as the Gem & Jewellery Export Promotion Council (GJEPC) inaugurated the 4th edition of IIJS Bharat – Tritiya 2026 at the Bengaluru International Exhibition Centre (BIEC). As the third-largest B2B jewellery trade show in the country, the event serves as a strategic sourcing gateway for the upcoming festive and
GJC Announces 9th Edition of GJS
Mumbai: The All India Gem and Jewellery Domestic Council (GJC), the apex industry body representing India’s domestic gem and jewellery sector, will host the 9th edition of the India Gems and Jewellery Show (GJS April 2026), affectionately known as “Humara Apna Show.” The most premium B2B jewellery exhibition is set to take place from 4th to 7th April 2026 at the Jio World Convention Centre, Mumbai. This edition’s theme
Opportunities for Strengthening Indo-Belgian trade ties
New Delhi: India’s Gem and Jewellery Export Promotion Council (GJEPC) Co-Hosts Indo-Belgian Diamond Forum in New DelhiThe Gem & Jewellery Export Promotion Council (GJEPC), in partnership with HRD Antwerp and the Embassy of Belgium in India, co-hosted the Indo-Belgian Diamond Forum at the Residence of the Ambassador of Belgium in New Delhi The event was powered by INDRA – by
