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
Kalyan Jewellers Grows in Q1 Results
Thissur: Kalyan Jewellers has recorded consolidated revenue of Rs 7,268 crore in Q1 FY26 as against Rs 5,528 crore in the same period in the previous financial year, a growth of 31%. Consolidated PAT for the quarter was Rs 264 crore as against a PAT of Rs 178 crore in the same period in the previous financial year, a growth of 49%. Standalone revenue (India) for Q1 FY 26 was Rs 6,142 Cr a growth of 31% when compared with the same period in the previous financial year and
50% Tariff: GJEPC Seeks Relief from Govt.
Mumbai: The US announcement of a sweeping 50% tariff on all Indian goods is a deeply concerning development. This move would have far-reaching repercussions across India’s economy—disrupting critical supply chains, stalling exports, and threatening thousands of livelihoods. The Indian gem and jewellery sector, in particular, stands to be severely impacted. The United States is our single largest market, accounting for
Celebrate Rakshabandhan with Platinum
Mumbai: Rakshabandhan has always been about celebrating the quirks, chaos and quiet strength that defines sibling relationships. Over the years, gifting has become an integral part of the festival – a way to celebrate love, spark new memories and cherish old ones. As this exchange becomes more thoughtful, platinum jewellery is stepping into the spotlight as the go-to choice for
Hari Krishna Exports Wins Sustainability Award
Hong Kong: Seven enterprises demonstrating the global jewellery industry’s commitment to positive change have emerged victorious in the Sustainability Awards 2025 by JWA (Jewellery World Awards). Representing a truly international showcase of excellence, the winning companies from China, Hong Kong, India, Italy, the US and Vietnam will be honoured during the Fair Reception of Jewellery & Gem WORLD Hong Kong
Gemfields’ May Emeralds Auction Sets Record
Mumbai: Gemfields sold 208,990 carats of high-quality emeralds mined at its 75%-owned Kagem Mine in Zambia for total auction revenues of $35 million. The stones were sold at an average price of $167.51 per carat. It said the 48 auctions of Kagem gemstones held since July 2009 have generated just above $1 billion in total revenues. “We are very pleased
India Pavilion at JCK Las Vegas 2024
Las Vegas: The Gem & Jewellery Export Promotion Council (GJEPC) organised India Pavilion at the 2024 JCK Las Vegas trade show, continuing its presence at this key event for the 19th consecutive year. Scheduled from 31st May to 3rd June 2024, at the Sands Expo & The Venetian, this year’s event promises to be a spectacular showcase of the finest
Lab Grown Threat to Botswana Economy
Gaborone: Lab grown diamonds (LGDs) are a threat to Botswana’s economic lifeblood, says the country’s president Mokgweetsi Masisi. He was speaking to reporters on 29th May, ahead of the first phase in a $6bn project to extend the life of Jwaneng, its flagship diamond mine. “If lab grown diamonds take our space, then you and I are finished,” he said.
GJEPC Expanding Market Horizons in LAC
Mumbai: As part of their mission, the GJEPC delegation recently visited Panama to assess market needs, identify business opportunities, and network with industry associations and leading companies. The aim is to solidify India’s presence in the Latin America and Caribbean (LAC) region’s gems and jewellery sector and encourage greater participation in international trade events. During their visit, the Indian Ambassador
