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 Selects New Biometric ID Security System
Ramat Gan: The Israel Diamond Exchange (IDE) has chosen FST Biometrics to provide a biometric identification security system for its new polishing house. FST’s system is a combination of facial recognition and body behavior biometric analysis. The system is a non-invasive and highly secure system, providing hands-free entry for staff and visitors. The system was chosen after a rigorous trial
Zimbabwe Renews Hostility over Diamond Sales
Harare: Zimbabwe is said to have “renewed” its hostility towards Western nations on the sale of the country’s diamonds. VOA Studio 7 reports that Zimbabwe’s Resource Exploitation Watch chairman, Tafadzwa Musarara, and some government insiders had accused the West, at a Kimberley Process intercessional plenary in Angola, of trying to block trade in Zimbabwean diamonds. The West and the human
Rio Tinto Sells Murowa Diamonds
Harare: Rio Tinto has sold its 78-percent stake in the Murowa diamond mine in Zimbabwe, a seeming response to the government’s desire to consolidate its diamond resources. The buyer is RZ Murowa Holdings Ltd., a division of RioZim Ltd., which already holds a 22 percent interest in Murowa Diamonds. Rio also sold a 50 percent stake in the Sengwa project
ADB to Close Remaining Accounts on June 30
Antwerp: The Antwerp World Diamond Centre (AWDC) stated that significant progress has been made in transitioning Antwerp Diamond Bank (ADB) clients to new banking services. In April, the AWDC negotiated a two-month extension for ADB clients to transition out before June 30. With that deadline approaching, the AWDC stated that many of ADB’s clients have secured new banking services; however,
IIJS Bharat Tritiya Unveils India’s Strength As Global Jewellery Powerhouse
Mumbai: India today solidified its position as a global jewellery powerhouse as the Gem & Jewellery Export Promotion Council (GJEPC) inaugurated the 4th edition of IIJS Bharat – Tritiya 2026 at the Bengaluru International Exhibition Centre (BIEC). As the third-largest B2B jewellery trade show in the country, the event serves as a strategic sourcing gateway for the upcoming festive and
GJC Announces 9th Edition of GJS
Mumbai: The All India Gem and Jewellery Domestic Council (GJC), the apex industry body representing India’s domestic gem and jewellery sector, will host the 9th edition of the India Gems and Jewellery Show (GJS April 2026), affectionately known as “Humara Apna Show.” The most premium B2B jewellery exhibition is set to take place from 4th to 7th April 2026 at the Jio World Convention Centre, Mumbai. This edition’s theme
Opportunities for Strengthening Indo-Belgian trade ties
New Delhi: India’s Gem and Jewellery Export Promotion Council (GJEPC) Co-Hosts Indo-Belgian Diamond Forum in New DelhiThe Gem & Jewellery Export Promotion Council (GJEPC), in partnership with HRD Antwerp and the Embassy of Belgium in India, co-hosted the Indo-Belgian Diamond Forum at the Residence of the Ambassador of Belgium in New Delhi The event was powered by INDRA – by
Chairman of Malabar Group Gets Business Bhushan Award
Mumbai: Mr. M.P. Ahammad, Chairman, Malabar Group, has been honoured with the prestigious Business Bhushan Award at the Lokmat Maharashtrian of the Year Awards 2026, in recognition of his visionary leadership and pivotal role in transforming the global jewellery retail landscape and society at large. Held at the iconic Gateway of India, the awards ceremony brought together leading policymakers, industry
