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
WGC Launches “The Moment is Gold” Campaign
Mumbai: The World Gold Council (WGC) yesterday unveiled its new gold jewellery campaign in India. ‘The Moment is Gold’ campaign aims to enhance the relevance and aspiration of gold jewellery amongst Gen Z and Millennials. The campaign showcases gold jewellery as an integral part of everyday moments and fosters a deeper emotional connection with gold, while positioning it as a
The Next Chapter in India’s Timeless Diamond Story-GA Demands
Mumbai: India’s diamond industry has seen better days. With rising costs, delayed deals, and fewer opportunities, many traders are struggling to keep pace. But a change is here. GA Demands, a mobile-first app built by Indian traders, for Indian traders, is helping the diamond market bounce back — by giving users more control, zero commission fees, and smarter technology to
Countdown Begins for SAJEX Show
Jeddah: Saudi Arabia is gearing up for the year’s most-awaited B2B Gem and Jewellery Show ‘SAJEX’. The show which begins from 11th to 13th September at Jeddah Superdome, promises an exquisite showcase of jewellery from around the world by 100+ top Jewellery Manufacturers. A 3-day visual extravaganza is waiting to unfold. The show powered by INTERNATIONAL GEMOLOGICAL INSTITUTE (IGI) and
Diavik Mine Reaches 150 Mln. ct. Milestone
Yellowknife (Canada): Rio Tinto’s Diavik Diamond Mine in the Northwest Territories of Canada hasreached a significant milestone of producing 150 million carats of rough diamonds since the minecommenced production in 2003. Diavik mine, located on an island in a remote sub-Arctic lake, produces predominantly gem quality whitediamonds and a small quantity of yellow diamonds, destined for high end jewellery in
PGI Expects 50% Growth Rate in India: Pallavi Sharma
Mumbai: Ms. Pallavi Sharma, the visionary Business Director of Platinum Guild International, India (PGI) recently spared some time from her busy schedules to talk to gems2jewellery.com (G2J) about the platinum jewellery growth and PGI’s future business strategy in India. Ansering a query by gems2jewellery.com, Ms. Sharma said, “Within the cluttered jewellery market in the country, PGI has successfully created an incremental
India's Gold Jewellery Exports on Growing Path
Mumbai: India’s exports of plain gold jewellery gained traction post the India-UAE Comprehensive Economic Partnership Agreement (CEPA), as reflected by the increase in gem & jewellery exports since the agreement came into force on 1st May 2022. In the month of July 2022, the total gross export of Plain Gold Jewellery grew 24.22% to Rs. 2591.67 crores (16.28% in dollar
GJEPC Organises First-Ever SEZ G&J Conclave
Mumbai: Gem and Jewellery Export Promotion Council (GJEPC), the apex body of the gem & jewellery trade in India, organised its first-ever SEZ Gems & Jewellery (G&J) Conclave – Vision 2025 on 23rd August 2022, with the aim of boosting exports from SEZs across the country. The event was inaugurated by Shri Shyam Jagannathan (I.A.S.), Zonal Development Commissioner, SEEPZ, Mumbai;
Rajesh Exports Registers Good Results in Revenues
(Report by Evaluate Research) Bengaluru: Rajesh Exports reported flattish results, both in terms of revenues as well as profits, for the fiscal first quarter (ended in June, 2022), which is perhaps a decent outcome given global economic uncertainties. Revenue decreased fractionally by 2.8% YoY to Rs.495 bn vs. Rs.509 bn in Q1 FY2022. The stability in the price of gold
