Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors

Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly

Read More »

Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors

Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly

Read More »

Top News

Tanzania to Temporarily Ban Gemstones Exports

Dar-Es-Salaam: Tanzania is to impose a moratorium, albeit temporary, on the exportation of gemstones in a bid to “strengthen” the domestic market, according to the local media. The move is also meant to transform Tanzania’s northern tourist city of Arusha into a gemstone centre. Ministry of Energy and Minerals spokesperson Badra Masoud was quoted as saying that the decision would

Read More »

EGL Asia and China's NGGC Renew Agreement

Ramat Gan: The Hong Kong-headquartered EGL Asia and NGGC, the state-owned, leading Chinese diamond grading laboratory, signed an agreement which renews and prolongs the close cooperation between the two institutions. The agreement was signed in Ramat Gan, Israel, during a visit of a Chinese delegation of representatives of the Shanghai Institute of Measurement and Testing Technology (SIMT) and NGGC. The

Read More »

Gemfields Rakes in $35 Mln From Lusaka Auction

Lusaka: Gemfields said it earned about $35 million in revenue from its latest auction of predominantly higher quality rough emerald from the Kagem emerald mine, which was held in Lusaka, Zambia. The auction, which started on 13 November ended last Monday. It said in a statement that this was the second highest revenue achieved at any higher quality auction. The

Read More »

Namdeb to Extend Diamond Mining to 2050

Gaborone: Namdeb Diamond Corporation, a joint venture between Namibia and De Beers has re-affirmed its plans to mine gems in the southern African country until at least 2050 by deploying new technology. Bloomberg quoted Namdeb spokesperson Pauline Thomas as saying that it takes “continuous innovation” and “investing in new technology to mine mid-water areas”. Namdeb recently opened the Sendelingsdrif mine

Read More »

Forevermark Presents ICON Bracelet Inspired by Abhishek Shama

Mumbai: Forevermark Diamond Jewellery gifted a bespoke ICON bracelet for ace Indian cricketer Abhishek Sharma, a culmination of sports, design & inspiration. The bracelet was designed in association with the cricketer and reimagines the brand’s most recognizable symbol, The North Star- as a bold, contemporary jewellery design.  Set in 18 carat white gold, delicate pavé diamond links connect each ICON element, adding brilliance and refinement throughout.The continuous sequence of icons across the bracelet symbolizes excellence, consistency and enduring value, qualities that reflect

Read More »

CIBJO Publishes 2nd Pre-Congress Special Report 

Milan: With fewer than nine weeks to go to the opening of the 2026 CIBJO Congress in Vicenza, Italy, on September 4, 2026, the second of the pre-congress Special Reports has been released. Prepared by the CIBJO Marketing and Education Commission, headed by Jonathan Kendall, the report details the establishment of the International Fine Jewellery Academy (IFJA), one of the

Read More »

India-UK Buyer-Seller Meet on 7-8 July

London: With the India-UK Free Trade Agreement (FTA) set to unlock exciting new opportunities, this exclusive B2B platform will bring together 20 leading Indian gem & jewellery manufacturers and top UK buyers to foster meaningful partnerships and drive bilateral trade. India’s Gem & Jewellery Export Promotion Council (GJEPC) is organizing the event on 7th & 8th July, 2026 at Arsenal

Read More »

Latest Videos