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
Ivory Coast Resuming Diamond Trade
Antwerp: In 2003, the UN imposed sanctions on Ivory Coast, forbidding the country to trade diamonds. Now that political calm has returned, Belgium’s FPS Foreign Affairs and the Antwerp World Diamond Centre are helping the Ivorian government set up a monitoring system so that they will be able to adhere to the strict conditions of the Kimberley Process, and resume
Winsome Case Handed over to CBI
New Delhi: CBI has been asked to investigate Winsome Group of Companies for default of Rs 6,000 crore loans from lenders like Punjab National Bank. Besides, CBI has also been asked to probe Rs 1,500 crore default by Biotor Industries Ltd., reports zeenews. “The Central Vigilance Commission (CVC) has not conducted any vigilance inquiries directly into any of biggest loan
Opposition against World Diamond Council Ends
New York: Groups that stayed away from the World Diamond Council’s annual meeting in Antwerp, Belgium, have patched up their differences with the current WDC leadership. “[We] pledge our continuous and full support to the WDC and its objectives,” said a statement cosigned by the heads of World Federation of Diamond Bourses and CIBJO, both of whom boycotted the October
Fourteen Diamond Cos. Moving into New PGJC
Panama: With construction of the Phase I building of the Panama Gem & Jewelry Center now complete, companies are presently taking up their allocated offices in the facility, with the building a hive of activity of carpenters, fitters and furniture delivery men. Among the 45 multinational firms that will be moving in over the coming days are 14 of the
Rio Tinto Launches its Final Beyond Rare Tender
Mumbai: Rio Tinto has launched its final Beyond Rare TM Tender, the third in its annual Art Series, featuring 52 lots of extraordinarily rare masterpieces of nature, from its Canadian and Australian diamond mines. Titled Into the Light, this unique event marks a special chapter in world diamond history. With Rio Tinto’s Australian Argyle Diamond Mine ceasing operations in November
JGW Hong Kong Honours Sustainability Champions
Hong Kong: The Winners and Finalists of the Sustainability Awards 2025 by JWA (Jewellery World Awards) were celebrated at a Recognition Ceremony hosted last night by the industry’s No.1 jewellery sourcing destination – Jewellery & Gem WORLD Hong Kong (JGW). Powered by Informa Markets Jewellery, the Awards programme recognises exceptional sustainability initiatives within the fine jewellery, gemstone and related sectors.
Diwali Edition of GJS Opens in Mumbai
Mumbai: The India Gem & Jewellery Show (GJS2025) – Diwali Edition officially opened yesterday with a grand inauguration ceremony at the Jio World Convention Centre, Mumbai. The prestigious event was inaugurated by Chief Minister of Maharashtra, Mr. Devendra Fadnavis who attended the #HamaraApnaShow as Chief Guest, marking a proud moment for the Indian gem and jewellery industry. Also graced by
Augmont Receives Promising Gold Bullion Refiner Award
Mumbai: Augmont Enterprises Ltd., one of India’s established gold platforms, has been recognized with the prestigious “Promising Gold Bullion Refiner (All India)” award at the India Gold Conference (IGC) 2025. This recognition reflects the company’s role in contributing to the evolving bullion industry. At the conference, Mr. Ketan Kothari, Director at Augmont, was presented with the IGC Excellence Award 2025:
