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
GSI Breaks New Ground in Star and Melee Testing
Surat: Gemological Science International (GSI, Surat), the gemological lab, has announced through an official press release that it is the first and the only laboratory in India to begin batch testing for star and melee sized diamonds using the latest state of the art technology. In response to increasing demand for FTIR services, GSI offers resourceful and cost effective testing
India Diamond Week Starts 24th Aug in New York
New York: The 3rd India Diamond Week organized by The Gem & Jewellery Export Promotion Council (GJEPC) in association with the Diamond Dealer Club, New York opens on August 24, 2015 and will run till August 27. As many as 26 leading diamond companies from India will be participating in the event. Launched last year as a trading platform to
De Beers Granted New Licences in Botswana, SA
Gaborone: De Beers, which is 85 percent-owned by Anglo American, said it was this year granted four new licences in Botswana, Group head of media relations Lynette Gould told Rough & Polished in an interview. “We have been granted four new licences in Botswana; three in the Tsabong area, and one in the Orapa area,” she said. Gould said the
Botswana Faces Deficit as Diamond Sales Fall
Gaborone: Botswana, which relies heavily on diamond revenue, will likely experience a budget deficit due to weak rough diamond sales recorded in the first half of the year, a government official has said. Finance minister Kenneth Matambo announced a P1.23 billion ($120 million) budget surplus projection for the year. However, Mmegi reports that this would likely be hampered by the
Divine Solitaires Seeks $10 mln Fund for Expansion
Mumbai: Divine Solitaires, India’s loose solitaire brand that is exclusively focused on natural diamond solitaire jewellery, has opened its first round of seed funding seeking an investment of $10 million. The Mumbai-based company is gearing up to aggressively scale its business to become a $250–300 million enterprise over the next 3-4 years. Launched in 2006 by brothers Jignesh Mehta and Shailen Mehta,
IIJS Bharat Signature Closes with Rs. 75,000 Cr. Orders
Mumbai: The 18th edition of IIJS Bharat – Signature 2026, organized by GJEPC, concluded in Mumbai, marking a strong start to the global gems and jewellery trade calendar for 2026. As the first major B2B trade show of the year, the event set a bullish tone for the industry, with an estimated ₹75,000 crore in business expected to be realised
BIS Reserves “Diamond” for Natural Diamonds
Mumbai: The Indian gem and jewellery industry has long faced challenges arising from the use of multiple, inconsistent, and often ambiguous terms to describe diamonds and their alternatives—particularly in digital and e-commerce environments. This lack of formal guidance has contributed to consumer confusion and inconsistent disclosure practices across the market. The Natural Diamond Council (NDC) welcomes the adoption of IS
‘Quantum Couture’ is the Theme for Artisan Awards 2026
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has officially announced the theme for the prestigious Artisan Jewellery Design Awards 2026, “Quantum Couture – Re-Engineering Beauty and Cultural Codes.” Launched as a call to push boundaries, the 2026 edition invites designers to move beyond convention and create wearable art for a radically evolving world—where jewellery design, legacy and technology
