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
RJC Concludes AGM with Visit to Surat & SEEPZ
Mumbai: The Responsible Jewellery Council (RJC) held its Annual General Meeting (AGM) in Mumbai on April 13, 2015, followed by visits to key diamond and jewellery manufacturing centres in Surat and the SEEPZ Special Economic Zone. The event was co-hosted by The Gem and Jewellery Export Promotion Council (GJEPC) and Bharat Diamond Bourse (BDB). This was the first RJC AGM
Indian Govt. Eyeing On the Gold in Temples
New Delhi: Around 3000 tonnes of gold is said to be amassed by the temples of India in the form of offerings from devotees and, the worth of other jewellery can be price less. Now, the government of Narendra Modi is planning to introduce a new deposit scheme for Temples from May and thus combat the Trade Imbalance faced by
Huge Haul of Gems Stolen in London
London: On April 7, thieves using heavy cutting equipment broke into 60–70 safe deposit boxes in London’s Hatton Garden district, home to numerous diamond and jewelry wholesalers, according to a statement by the local Metropolitan Police. Reports say that the thieves may have gotten as much as $300 million in gold and diamonds, which John Kennedy, president of the Jewelers’
India Cuts Diamond Production By 30%
Mumbai: India’s diamond manufacturers have decided to cut production by up to 30% to avoid inventory buildup in a slowing market, reports The Economic Times. After a dismal last quarter, the country’s diamond industry, which accounts for about 80% of the world’s production of polished stones, is facing a gloomy start to the new fiscal, primarily due to a fall
Ekati Diamond Mine to Close Following Unsuccessful Sale Process
Toronto: Canada’s Ekati diamond mine is set to cease operations after owner Burgundy Diamond Mines failed to secure a buyer for the asset during a court-supervised sale process. According to documents filed with the Supreme Court of British Columbia, the sale process did not attract any compliant bids, leaving the company without the funding needed to continue operations. Burgundy has
IIJS Bharat Premiere Receives Message from PM
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is organizing the 42nd edition of IIJS Bharat – Premiere from 5th to 9th August 2026 at Jio Convention Centre, BKC and from 6th to 10th August at the NESCO, Goregaon, Mumbai. On this occasion, India’s Prime Minister Mr. Narendra Modi has sent a special message to the GJEPC wishing the
IIJ Awards on 2nd October in Mumbai
Mumbai: The India International Jewellery Awards (IIJA), an initiative by IBJA (India Bullion and Jewellers Association Ltd.) & Tefla’s is back—bringing together industry excellence, inspiring stories, and a distinguished celebrity jury. A $90B+ industry — and until now, no single honour platform that recognized all of it: from the master karigar at the workbench to the global icon whose work
GJC & SGL Sign MoU to Launch SGL Pavilion at GJS Diwali Edition 2026
Mumbai: The All India Gem & Jewellery Domestic Council (GJC) and SGL (Solitaire Gemmological Laboratories) have entered into a strategic Memorandum of Understanding (MoU) to launch the SGL Pavilion at the GJS Diwali Edition 2026, scheduled from 2nd to 4th October 2026 at the Jio World Convention Centre, Mumbai. The dedicated SGL Pavilion, comprising 40 booths, will bring together leading
