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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‘Antwerp’s Most Brilliant’ Continues to Grow
Antwerp: In 2013, the City of Antwerp – in collaboration with AWDC, certification body KIWA, Ars Nobilis and FPS Economy – launched the Antwerp’s Most Brilliant (AMB) quality label. This label honors jewelers that continually go the extra yard to provide their customers a reliable and high quality product. Today we can confirm that the label is fully established. The
AGTA Awards Adds New Category for Silver Jewelry
New York: The 2016 AGTA (American Gem Trade Association) Spectrum Awards will feature a new category highlighting silver jewelry. The new category, sponsored by the Silver Promotion Service (SPS), will be called Savor Silver and will honor “exceptionally designed silver jewelry incorporating natural colored gemstones or cultured pearls.” “The SPS is proud to become one of the sponsors of this
Zimbabwe Govt. Urged to Cease Rough Exports
Harare: With preparations being finalized for the Zimbabwe Diamond Technology Centre (ZDTC) to open a cutting and polishing center serving the southern African region, the chairman of ZDTC, Mr. Lovemore Kurotwi, has called for the government to cease exporting rough diamonds in order to maximise profits through beneficiation. He claimed that Zimbabwe was losing millions of dollars and missing out
Will Gold Prices Plunge Next Year?
Mumbai: Gold prices may plunge to $800 an ounce by the end of next year as investors are likely to turn extremely bearish on the yellow metal prices amid a strengthening US dollar. The prices of precious metal are estimated to fall to $1,000 an ounce by December this year, from the current level of $1,140 an ounce, according to
Sky Gold & Diamonds Strengthens Mangalsutra Business with Strategic Acquisition
Mumbai: Sky Gold & Diamonds Ltd., manufacturer and exporter of gold and diamond jewellery, recently announced that its wholly owned subsidiary, Starmangalsutra Pvt. Ltd., has entered into an non binding term sheet to acquire a majority stake in Shri Rishab Gold, a reputed Mumbai-based jewellery firm. The partnership marks a significant step in Sky Gold & Diamonds’ strategy to establish
Pre CIBJO Congress Report Focuses on AI
Milan: With a couple of days to go to the opening of the 2025 CIBJO Congress in Paris, France, on October 27, 2025, the tenth and the final of the pre-congress Special Reports has been released. Prepared by the CIBJO Technology Committee, chaired by Stéphane Fischler, the report focuses exclusively on artificial intelligence, looking at ways in which the greater jewellery
De Beers Brings Diamonds & Glamour to London
Mumbai: Insiders suggest a star-studded journey to London might be on the cards. But why London? Beyond its glittering reputation as a global hub for jewellery and fashion, whispers point to something far more dazzling — De Beers is set to host a major showcase in the city. This year, De Beers Group makes its grand debut at Frieze London,
India’s G&J Exports Grow 3.66% in 1H of ’25-26
Mumbai: India’s gem and jewellery (G&J) exports record a steady recovery in the first half of FY2025–26, witnessing a growth of 3.66% to US$ 14.09 billion between April and September 2025 compared to US$ 13.60 billion in the same period last year. This growth comes despite global headwinds, reflecting the resilience and adaptability of India’s jewellery exporters as festive and
