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
Jewellery Industry to Discuss Sustainability
Chicago: The jewelry industry community has announced “The Jewelry Industry Summit,” an open forum to discuss sustainability and responsible sourcing. The goal of the event is to create awareness of supply chain challenges and develop tools to mutually benefit the jewelry industry and create business opportunities and new sources of value for suppliers and the consumer. The summit, being held
IDE to Help Turkey Develop Diamond Industry
Ramat Gan: The Israel diamond industry is planning to help Turkey advance its diamond sector, according to reports in the Israeli press. Globes quoted Israel Diamond Exchange (IDE) senior vice president Jacob Katten as saying, “If we don’t help the Turks in this area, there are more than a few countries that will be glad to do it, including India
Cartier to Open Second Boutique in India
New Delhi: Cartier, the luxury jewellery and watchmaker which currently has a boutique in New Delhi, is considering a second boutique in India. The company is looking for the right business model to make the most of the huge future potential in the country, according to a report in Economic Times. “India is a very important market and we have
Global Diamond Jewellery Demand +3% in '14
Gaborone: According to De Beers’ latest Diamond Insight March 2015, released on Thursday, global demand for diamond jewellery grew by 3% in 2014, touching “a new $81 billion high”. This was as against global sales worth US$ 79 achieved in 2013. “The data showed that there was positive growth in consumer demand for diamond jewellery in local currency terms in
GJC Submits Pre-Budget Recommendations
Mumbai: All India Gem & Jewellery Domestic Council (GJC), the apex body representing India’s domestic gems and jewellery trade, submitted its detailed pre-budget recommendations to the Hon’ble Finance Minister Smt. Nirmala Sitharaman for consideration in the Union Budget 2026–27. The representation focuses on five core pillars: 1. GST reforms to restore affordability and eliminate working capital blockage 2. Direct tax relief on
India’s G&J Exports to the US Fall by 44.42%
Mumbai: India’s gem and jewellery (G&J) exports to the United States witnessed a sharp contraction during April–December 2025, declining 44.42% year-on-year to US$ 3.86 billion, compared to US$ 6.95 billion in the corresponding period last year. In December 2025, exports to the US declined by 50.44% year-on-year, reflecting the continued impact of tariff-related pressures and subdued discretionary demand. Commenting on
Divine Solitaires Seeks $10 mln Fund for Expansion
Mumbai: Divine Solitaires, India’s loose solitaire brand that is exclusively focused on natural diamond solitaire jewellery, has opened its first round of seed funding seeking an investment of $10 million. The Mumbai-based company is gearing up to aggressively scale its business to become a $250–300 million enterprise over the next 3-4 years. Launched in 2006 by brothers Jignesh Mehta and Shailen Mehta,
IIJS Bharat Signature Closes with Rs. 75,000 Cr. Orders
Mumbai: The 18th edition of IIJS Bharat – Signature 2026, organized by GJEPC, concluded in Mumbai, marking a strong start to the global gems and jewellery trade calendar for 2026. As the first major B2B trade show of the year, the event set a bullish tone for the industry, with an estimated ₹75,000 crore in business expected to be realised
