We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
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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
Budget Delivers ‘Blow’ to India's G&J Sector
New Delhi: Jewellery lovers in India will have to shell out more for the gold and diamond jewellery as the budget has imposed 1% excise duty, which comes as a blow to the gems and jewellery sector which was hoping for a cut in import duty on gold from 10% to 2%. The India Bullion & Jewellery Association (IBJA) fears
Vedanta Wins India's First Auction of Gold Mine
New Delhi: The first-ever auction of a gold mine in the country was held in Chhattisgarh on Sunday. Vedanta Ltd won the auction for Baghmara (Sonakhan) gold mine with its highest bid of 12.55 percent of IBM (Indian Bureau of Mining) price of Rs 74,712/ troy ounce (1 troy ounce = 31.10 gram), official sources said. The production from the
India Nets 1,131 Kg. Gold under GMS
New Delhi: The government of India has netted a hefty 1,131 kg of gold valuing Rs 3,014 crore under the Gold Monetisation Scheme (GMS), the Parliament was informed on Friday. “Under the scheme 1,131 kilograms of gold valuing Rs 3,014 crore have been deposited by 71 depositors so far,” Minister of State for Finance Jayant Sinha said in a written
180 Indian Cos. Participating in HK Show
Hong Kong: Considered the world’s largest trading centre for gems and jewellery, two of the jewellery industry’s leading trade fairs are set to dazzle in Hong Kong next month. Organized by the Hong Kong Trade Development Council (HKTDC), the 3rd Hong Kong International Diamond, Gem & Pearl Show takes place from 1 to 5 March at the Asia World-Expo, while
