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
AGTA revises Code of Ethics
New York: American Gem Trade Association (AGTA) released the newest edition of its code of ethics, which was first introduced in 1983. This document established the most demanding standards for professional conduct, not just in the colored gemstone and cultured pearl trade, but in the entire jewelry industry. The cornerstone of this code of ethics was expertise in gemstones and
India's Platinum Demand Rose 25% in 2014
Mumbai: India is emerging as one of the key platinum markets of the world. According to World Platinum Investment Council (WPIC), the country accounted for 38% of the global platinum demand in 2014. The platinum jewellery and industrial use demand increased significantly during the year. The rising demand trend is expected to continue in 2015, WPIC stated. As per statistics,
India Declares Gold Workers as Handicraft Artisans
New Delhi: Lakhs of gold karigars across the country will stand to benefit from a recent notification issued by the Development Commissioner (Handicrafts) in the Ministry of Textiles, Government of India that has accepted them as Handicraft Artisans. With this notification, the government has acceded to a long-pending demand of the artisans and their associations. The GJEPC had supported the
Rio Tinto's 'Diamonds with a Story' Portal Opens
Perth: Rio Tinto launched an online portal for its “Diamonds with a Story” initiative, featuring information that is meant to help manufacturers, designers and retailers stay on top of marketplace trends. The portal, www.diamondswithastory.com, provides information and videos on consumer insights, design inspiration and products and marketing. Users may also view and search through Rio Tinto’s supplier network. The mission
Mumbai Gold Entities to Elevate Industry Standard in India
Mumbai: The dynamically growing Indian gold industry has a new custodian created by the gold industry, for the gold industry. The Indian Association for Gold Excellence and Standards (IAGES), a Self-Regulatory Organization (SRO) is all set to implement the framework for the current gold ecosystem by promoting fair, transparent, and sustainable practices under a strict Code of Conduct outlining the
Gemfields Generates $32 Mln. from Emerald Auction
London: Gemstone miner Gemfields generated $32 million in revenue from an auction of high-quality rough emeralds sourced from its 75%-owned Kagem mine in Zambia. The auction, held from August 25 to September 11, saw all 38 lots successfully sold at an average realised price of $160.78/ct. Among the highlights was an exceptional 11 685 ct gemstone, named Imboo (meaning “buffalo”),
SAJEX: a Catalyst for Enhancing Bilateral Relations
Jeddah: Saudi Arabia presents significant opportunities for the Indian gem and jewellery (G&J) market, and SAJEX serves not merely as an exhibition, but as a vital catalyst for enhancing bilateral relations and creating shared value for both economies. GJEPC aspires for this event to gain widespread recognition and to become a staple on Jeddah’s event calendar, thereby stimulating the local
New Export Opportunities for India’s G&J in Saudi Arabia
Jeddah: The Saudi Arabia Jewellery Exposition (SAJEX 2025), the first-ever dedicated B2B gems and jewellery (G&J) exhibition in the Kingdom, was inaugurated yesterday at the iconic Jeddah Superdome. Organized by the Gem & Jewellery Export Promotion Council (GJEPC) with the support of the Ministry of Commerce & Industry, Government of India, the Embassy of India in Riyadh, and the Consulate
