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
Alrosa Not Changing Strategy
Moscow: The new president of ALROSA Andrei Zharkov says there is no need to change the long-term strategy previously adopted by the company. The “manual adjustment” of some of sales policy mechanisms is possible to increase efficiency during recession or rising prices. “I don’t think it is now necessary to adjust the strategy and the long-term program of ALROSA approved
Bank Of China Joins LBMA Gold Price Setters
Beijing: The Bank of China has been accepted as one of the group of London Bullion Market Association (LBMA) banks which sets the London Gold Price. ICE Benchmark Administration has announced that Bank of China will be joining the group of banks from June 22. This provides a benchmark price that is widely used across the globe by participants such
KP Meeting in Angola from 22nd June
Luanda: Angola, which is currently chairing the Kimberley Process (KP), is set to host the diamond watchdog’s intercession meeting from 22 to 26 June in the capital, Luanda. Angolan state-controlled news agency, Angop, reports that the meeting would bring together more than 200 delegates from 82 countries. The gathering was expected to assess the activities undertaken by the organization since
CAR Warlords Use Diamonds to Fund Conflict
Washington: According to a report released by The Enough Project, a Washington, DC-based organization that works to end genocide and crimes against humanity, the total current value of the illicit diamond trade and taxation by armed groups in the Central Africa Republic (CAR) is estimated to be between $3.87 and $5.8 million dollars annually. Warlord Business reveals that although CAR
WGC Unveils New Chapter of ‘The Moment is Gold’
The World Gold Council (WGC) has unveiled the latest chapter of its ongoing campaign, ‘The Moment is Gold’. Building on the campaign’s central idea of celebrating life’s meaningful moments through gold, the latest film “First Diwali” captures a young couple experiencing their first Diwali together, a deeply personal milestone marked by warmth, belonging and new beginnings. The campaign reinforces how gold
JGTD to Open from 27th October
Dubai: The Middle East’s most global B2B jewellery sourcing event is all set for its fifth edition this October! Jewellery, Gem & Technology in Dubai (JGTD) opens from 27–29 October 2026 in North Halls N21 and N23 of the Dubai Exhibition Centre (DEC), reaffirming the fair’s status as the region’s go-to marketplace for fine jewellery, diamonds, coloured gemstones and technology. Featuring
Indian Leaders Elected to the CIBJO Board of Directors
Vicenza: At the conclusion of the CIBJO Centenary Congress in Italy on September 7, the General Assembly elected several prominent leaders from the Indian gem and jewellery sector to the Board of Directors of The World Jewellery Confederation (CIBJO). Key Appointments & Leadership: Industry Impact & Key Initiatives Founded as the oldest global organization in the gem and jewellery trade,
CIBJO Backs ‘Synthetic’ Terminology for Lab Growns
Vicenza: Meeting in Vicenza, Italy, on September 7, 2026, after the conclusion of the Centenary CIBJO Congress, the organization’s Board of Directors approved a recommendation by its Diamond Commission and Coloured Stone Commission that the Blue Books be revised so that the word “synthetic” be the sole descriptor used to accurately and scientifically define a created product with the same chemical
