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
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Diamond Cluster Found in Anantapur, India
Hyderabad: Another kimberlite pipe, possibly diamond bearing, has been found in Anantapur district during exploration by experts from National Mineral Development Corporation (CNMCD) and Hyderabad based National Geophysical Research Institute (NGRI), reports Deccan Chronical. It is the seventh kimberlite pipe to be discovered in the Kalyandurg cluster of Anantapur district and has been labeled KL-7. Most diamonds are mined from
India’s Jewellery Exports More than Double this Year
Mumbai: The gold jewellery exports from India recorded significant surge of 114.67% year-on-year to $3,764.48 Million (Rs. 22,786.77 crore) during the period from April to November this year. Also, the exports of silver jewellery picked up significantly by 28.79% year-on-year to $1,310.54 Million (Rs. 7,951.80 crores) during the eight-month period, in accordance with the latest data released by the Gems
India to Introduce Alfa-Numeric Code for Jewellery
New Delhi: The central government is “actively considering” introduction of a nine-digit alphanumeric identity code for every jewellery item manufactured in India, to fix purity and traceability, reports Business Standard. The code is proposed to be encrypted on every ornament. The major aim is to protect consumers from being duped, through tracing of the origin, certifying and assaying of ornaments.
Gahcho Kué and Deninu Kué First Nation Sign IBA
Gaborone: De Beers Canada Inc. (De Beers) and Mountain Province Diamonds have entered into an Impact Benefit Agreement (IBA) with the Deninu Kué First Nation for the proposed Gahcho Kué diamond mine, a joint venture between De Beers (51%) and Mountain Province Diamonds (49%) located 280 km’s northeast of Yellowknife, Northwest Territories. De Beers is the Operator of the Gahcho
Commerce Secretary Visits GJEPC Ofiice
Mr. Rajesh Agrawal, Commerce Secretary, Department of Commerce, India, visited GJEPC headquarters in Mumbai on 26 December and held a detailed interaction with GJEPC’s Committee of Administration, including Mr. Kirit Bhansali, Chairman, Mr. Shaunak Parikh, Vice Chairman, Mr. Anoop Mehta, Convener – Diamond Panel, Mr. Russell Mehta, Co-Convener – Diamond Panel, Mr. K.S. Srinivasan, Convener – Gold Panel, Mr. Ashish
GJEPC Welcomes India’s Role as KP Chair
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), the nodal agency for the Kimberley Process (KP) in India, welcomes India’s election as Chair of the Kimberley Process Certification Scheme (KPCS) for 2026. The Kimberley Process Certification Scheme, a UN-mandated initiative, is the only global mechanism governing international trade in rough diamonds, aimed at preventing conflict diamonds from entering legitimate
India New Zealand FTA to Benefit G&J Industry
Mumbai: India and New Zealand recently concluded a Free Trade Agreement (FTA) that offers significant duty-free access for Indian exports, but Gems & Jewellery (G&J) are listed among the sensitive sectors excluded from immediate zero-duty benefits under the FTA, with India protecting these products, alongside dairy, sugar, and metals, from immediate tariff cuts, though the overall deal aims to boost labour-intensive exports like textiles,
India’s G&J Exports Recover During April-Nov 2025
Mumbai: India’s gem and jewellery (G&J) exports showed clear signs of stabilization and recovery during April-November 2025, supported by improving global demand conditions and strong performance across diversified international markets. Total exports for the period rose marginally by 0.07% year-on-year to $18.87 billion, compared to $18.85 billion in the corresponding period last year, underscoring the sector’s resilience amid a challenging
