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
Anonymous Sightholder Calls for Mass Rejections
Gaborone: In a mass email, an anonymous sightholder called on fellow De Beers clients to reject any unprofitable assortments, reports JCKonline. Do “not to take any box which doesn’t have the value of at least 10% gross profit after polishing,” beseeches the missive, which came from a “simple sightholder” and has been reprinted online. “Please, if your future, the future
Gems One Introduces the Epic 101 Diamond Cut
New York: Gems One launched the Epic 101, a new branded special cut diamond that features 101 facets and employs what the company said was a faceting architecture designed to provide maximum light performance. The company is marketing the Epic 101 to authorized dealers to gain a competitive advantage in the bridal category. Anuj Jain, the president of Gems One,
Zim ‘Shocked’ with Accounts of Diamond Mines
Harare: Zimbabwe’s auditor general Mildred Chiri has revealed in her latest government audit report that she was “shocked” to find that most diamond mining companies in the Marange area have been operating “in the red” since 2013. NewsDay reports that the companies had their current liabilities exceeding current assets by a wide margin. On Marange Resources, auditors discovered that the
Alrosa to up investment in Angola
Moscow: Russian diamond mining giant Alrosa, which currently has a stake in Angola’s Catoca, is set to up its investment in the southern African country. Catoca produces about 75 percent of Angola’s gems. Angolan news agency, Angop quoted the company chief executive Andrey Zharkov as saying that Arosa would implement a series of projects in partnership with Endiama and other
Dr. Akinwumi Adesina is Chairperson of Diamonds for Development Fund
Gaborone: The Government of the Republic of Botswana and De Beers Group are delighted to confirm that Dr. Akinwumi Adesina has been appointed as the Diamonds for Development Fund’s Chairperson. Dr. Adesina is a widely respected global leader and renowned development economist with close to 40 years of experience in global and African development issues. He was the 8th elected President
GJEPC Showcases India’s Craftsmanship at JCK Las Vegas
Las Vegas: The Gem & Jewellery Export Promotion Council (GJEPC) marks a defining milestone this year, celebrating its 21st consecutive participation at JCK Las Vegas, the world’s premier jewellery trade event. From May 29th to June 1st, 2026, at The Venetian Expo, the India Pavilion will serve as a global stage for 33 of India’s most visionary member exporters. Spanning
Edward Asscher Re-Elected as RJC Vice Chair
London: Edward Asscher is re elected as the Vice Chairman of the Responsible Jewellery Council (RJC). Mr. Asscher has served in the role for the past four years. In 2024, Asscher was a nominee for the chairman position. However, he ultimately lost the vote to Richline CEO Dave Meleski and remained vice chairman. Though Asscher retired in 2020 after five decades at the helm of family-run
NDC Welcomes GJEPC Membership
Las Vegas: India’s Gem & Jewellery Export Promotion Council (GJEPC) has recently joined the Natural Diamond Council (NDC). The NDC announced membership of GJEPC, making it the first industry body to progress toward NDC membership under the Luanda Accord framework. The milestone follows GJEPC’s signing of the Luanda Accord in June 2025 and the Memorandum of Understanding during the second
