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
IDE Holds Symposium to Discuss Current Issues
Ramat Gan: The Israel Diamond Exchange (IDE) held a symposium Tuesday, attended by more than 50 bourse members, with the aim of discussing the main challenges facing the industry during this time of crisis. IDE President Shmuel Schnitzer said that the purpose of the special meeting was to “hear bourse members and discuss suggestions so we can strengthen the ties
IIJS-2015: OBMP Goes Live on Website
Mumbai: The Online Business Matching Program (OBMP), a special feature that allows registered visitors to connect with exhibitors at the show has now gone live on the India International Jewellery Show (IIJS) website – www.iijs.org. The programme allows a pre-registered buyer to view the products being offered by different exhibitors, post business-related inquiries and fix pre-scheduled appointments with those they
65% Goods Unsold in De Beers July sight
Gaborone: De Beers July sight is said to have raked in about $200 million amid the rejection of some goods by sightholders. Rapaport reports that the amount of goods left on the table had exceeded about 65 percent of the initial sight value. The size of the sight was also said to be the “lowest” for De Beers since the
ALROSA's 1H Rough Diamond Sales Drop 22%
Moscow: ALROSA sold 18 million carats of rough diamonds for $2.1 billion in the first half of 2015, representing a significant decline from a year earlier. The mining company sold 21.1 million carats for $2.7 billion in the first six months of 2014. ALROSA noted a continued slowdown in the diamond market during the second quarter of this year. The
De Beers Declares 35% Fall in Diamond Production
Mumbai: De Beers Group has reported a big fall of 35% in diamond production for Q4 of 2025, mainly due to maintenance shutdowns at its Jwaneng and Orapa mines. In its Q4 report for the year, the diamond mining major revealed it recovered 3.78 million carats between October and December, down from 5.83 million carats during the same period in
Maryam Al Hashemi to Steer KP Committee on Participation & Chairmanship
Dubai: DMCC confirmed that Maryam Al Hashemi, Senior Director of Precious Stones and Metals at DMCC and the UAE KP Director, has been appointed Chair of the Kimberley Process (KP) Committee on Participation and Chairmanship (CPC). The CPC is a vital body within the Kimberley Process, responsible for evaluating new participants, reviewing compliance matters, and assessing Vice-Chair candidates. Its recommendations
MS Dhoni Reveals His Most Cherished Platinum Moments
Mumbai: Men of Platinum, the men’s jewellery brand from Platinum Guild International (PGI) India, brought its highly anticipated #MomentWithMahi campaign to a thrilling close with an exclusive fan meet-and-greet with MS Dhoni at the iconic Taj Lands End, Mumbai. This one-of-a-kind experience was the culmination of the brand’s festive purchase programme — a rare reward for select consumers who purchased
GJEPC Hails the India-US Trade Agreement
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has hailed the landmark India-U.S. trade agreement as a “vital relief measure for India’s gem and jewellery sector”, which faced severe pressure from escalating U.S. tariffs. GJEPC extends its deepest appreciation to the Hon’ble Prime Minister Mr. Narendra Modi, the Hon’ble President of USA Mr. Donald Trump, the Hon’ble Commerce &
