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
IIDGR to Launch Melee Screening Machine for India
Gaborone: The De Beers Group of Companies has today announced that its International Institute of Diamond Grading & Research (IIDGR) will launch a new low cost, high volume synthetic melee screening and referrals testing service in India in October 2015. The new service will use IIDGR’s proprietary technology to support the wider Indian industry in the detection of undisclosed synthetic
Dominion Reports 24% Drop in Sales
Toronto: Canada’s Dominion Diamond Corporation, the world’s third-largest producer of rough diamonds by value, reported a 24 percent slump in second-quarter sales amid subdued demand in Asia. The company swung to a loss as it incurred a one-time charge following the departure of its chief executive officer and an expense on account of currency depreciation. Sales in the three months
Gem-A Conference in Nov 2015
London: The Gemmological Association of Great Britain (Gem-A) has announced the programme of speakers for its upcoming annual international gemmological Conference 2015 incorporating the Federation of European Education in Gemmology’s (FEEG) International Symposium of Gemmology, taking place from 21–22 November at RIBA Venues, 66 Portland Place, in Marylebone, London. Following the success of its Conference 2014, Gem-A has once again
4th Israel Diamond Week in New York from 19th Oct
Ramat Gan: For the fourth time since the two bourses began cooperating, the Israel Diamond Exchange (IDE) and the Diamond Dealers Club of New York (DDC) will be holding an Israel Diamond Week in New York. The upcoming edition of the event is scheduled for the week of October 19-22, 2015, and will be held on the trading floor of
India’s G&J Ind. Bids Farewell to Kobbi Shoshani
Mumbai: Bharat Diamond Bourse ( BDB) & Gem & Jewellery Export Promotion Council (GJEPC) bade a warm farewell to Mr. Kobbi Shoshani, Consul General of Israel. During his tenure, Mr. Shoshani has been more than a diplomat—he has been a true ambassador of friendship. His leadership, vision, and unwavering commitment have strengthened the bonds between Israel and India, creating relationships
Celebrate Onam with Platinum Jewellery
Mumbai: Onam is a season defined by abundance — of joy, togetherness, and new beginnings. It is a time when choices reflect thoughtfulness, where compromise feels out of place. For jewellery that carries this spirit, platinum stands apart: a metal of unmatched rarity and preciousness, offering value beyond compare through its high purity standards, longevity, modern design language, and uniquely
Gemfields Offers 11,685 Ct. ‘Buffalo’ Emerald for Auction
London: Gemfields has unveiled a colossal emerald weighing 11,685 carats, discovered at its 75%-owned Kagem mine in Zambia. Named Imboo, meaning buffalo in the local Bemba and Lamba dialects, the gemstone is the largest of several extraordinary emeralds unearthed at Kagem, already famed for record-breaking finds. The emerald will be sold at Gemfields’ auction running until Sept. 11. “Even under the beam
Rashmika Mandanna Appointed India Brand Ambassador of Swarovski
Mumbai: Swarovski proudly announces actor Rashmika Mandanna as its new Brand Ambassador for India, marking a milestone for the Austrian luxury house as it strengthens its presence in one of its fastest-growing markets. India, a vibrant market with a deep affinity for jewelry and self-expression, continues to play a pivotal role in Swarovski’s global growth story. With her pan-India appeal,
