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
Indian Hallmarking Centres Question WGC’s Data
New Delhi: Gold jewellery hallmarking centres in India have questioned the authenticity of World Gold Council (WGC)’s data on hallmarked jewellery in India, according to various media reports. Releasing a study, “Developing Indian Hallmarking – A roadmap for future growth”, on July 30, the WGC had said, “Since the introduction of hallmarking standard in 2000 by the Bureau of Indian
Zimbabwe Sets Up Diamond Cleaning Facility
Harare: According to Mines and Mining Development Minister Walter Chidhakwa, prices of local diamonds could increase 10-20% per carat as a result of a new system that requires them to be cleaned before auction, and the government has set up the Zimbabwe Boiling Facility to do just that. Not only will the new system improve the value of local diamonds,
BIS Amendment for Gold Hallmark Sought
Mumbai: The gold jewellery industry has urged the government to immediately pass amendment to BIS Act 1985 to follow proper hallmarking standard across the country, reports Indian Express. Indian Association of Hallmarking Centres, which represents 350 hallmarking centres across India, estimates that only 40% of jewellery is hallmarked in the country. “We urge the government to pass the Amendment to
PGI Targets 1000 Outlets in India by End of 2015
Mumbai: Popularity of platinum jewellery is growing on a fast track in India with the consumption crossing over 5 tons this year from about 400 kgs. in 2009. The India Manager of Platinum Guild Ms. Vaishali Banerjee told G2J “This is the right time for us (PGI) to be aggressive in our marketing approach and hence we recently restructured our
16% Surge in India’s G&J Exports in July 2025
Mumbai: The Indian gem and jewellery industry is witnessing signs of revival, with July exports delivering a much-needed boost amid the lingering impact of US tariffs. A robust 15.98% growth in overall exports, a sharp rebound in cut and polished diamond exports to Hong Kong, and strong order bookings from IIJS Premiere 2025 have infused optimism ahead of the festive
De Beers & Endiama Discover New Kimberlites in Angola
Luanda: De Beers Group, together with Angola’s national diamond company, Endiama, yesterday announced a significant step forward in their joint exploration efforts with the discovery of kimberlite, the host rock for diamonds, in Angola. In July 2025, the De Beers-Endiama joint venture successfully intersected kimberlite in its first drill hole into a high-priority cluster of targets, identified from the airborne
GJEPC Unveils Bold & New Initiatives
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) announced major initiatives that reflect the Council’s commitment to innovation, digital transformation, and national pride. During the recently concluded IIJS Premiere 2025, Mr. Nirav Bhansali, Convener – National Exhibitions, GJEPC and Mr. Sabyasachi Ray, Executive Director, GJEPC, gave a lowdown on the new projects aimed at elevating India’s position in the
Titan Plans to Shift Manufacturing Units to UAE
Mumbai: Titan, India’s largest jeweller and watchmaker, is considering moving part of its manufacturing operations to the UAE to preserve low-tariff access to U.S. markets amid escalating trade tensions between Washington and New Delhi, according to media reports. A part of the Tata Group, Titan recently announced plans to acquire a majority stake in Dubai-based luxury retailer Damas, which runs
