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
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
India to Issue Sovereign Gold Bonds
New Delhi: Government of India proposes to issue gold bonds with a sovereign guarantee to divert investment demand for physical gold to a financial instrument, reports Business Standard. This will give more returns than gold as interest will also be factored in. In a draft outline of the scheme, the government said it expects around Rs.13,500 crore to be invested
‘Quantum Couture’ is the Theme for Artisan Awards 2026
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has officially announced the theme for the prestigious Artisan Jewellery Design Awards 2026, “Quantum Couture – Re-Engineering Beauty and Cultural Codes.” Launched as a call to push boundaries, the 2026 edition invites designers to move beyond convention and create wearable art for a radically evolving world—where jewellery design, legacy and technology
GJEPC Proposes Pre-Budget Recommendations
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body representing India’s gem and jewellery sector, has proposed its pre-Budget recommendations to Hon’ble Finance Minister Smt. Nirmala Sitharaman, outlining key policy measures to boost India’s export competitiveness, enhance ease of doing business, and support the industry’s resilience amid global headwinds. India’s gem and jewellery exports, valued at USD
Platinum Jewellery Shines at Golden Glob Awards
Mumbai: Platinum jewelry played a defining role in many of the most memorable red-carpet looks at the 83rd Annual Golden Globe Awards. Chosen for its naturally white luster, exceptional strength, and ability to securely showcase diamonds and colored gemstones, platinum once again proved why it remains the foundation of fine jewelry at the world’s top awards shows. Celebrities and their
Forevermark Diamond Jewellery Opens Store in Mumbai
Mumbai: Forevermark Diamond Jewellery marked a defining milestone in its India journey with the grand opening of the world’s largest flagship store by De Beers Group in Mumbai. Located at Crest Link, Khar West, at the heart of Linking Road, the nearly 5,000 sq. ft. store reflects the brand’s long-term commitment to Indian consumers seeking meaningful, design-led luxury. The marquee
