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
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
Belgium Charges HSBC with Fraud
Antwerp: Belgian prosecutors have charged a subsidiary of British bank HSBC with fraud and money-laundering worth hundreds of millions of euros, mainly for diamond dealers in the industry’s international hub of Antwerp, reports RTE News. Swiss subsidiary HSBC Private Bank (Suisse) is wholly owned by the Asia-focused banking giant. It allegedly helped hundreds of clients cheat the Belgian state, a
Zimbabwe’s Diamond Exchange Gets Backing
Harare: Government’s plans to set up a diamond exchange have received a major boost following commitment by world gem organizations to support the initiative. World Federation of Diamond Bourses president Ernie Blom said the world body is ready to ensure that Zimbabwe’s objective becomes a reality. “I know that the Government of Zimbabwe has been considering setting up a diamond
GJPEC in Jewellery Arabia with 64 Companies
Mumbai: The Gem and Jewellery Export Promotion council (GJEPC) is participating in the forthcoming 23rd Jewellery Arabia exhibition in Bahrain at the Bahrain International Convention & Exhibition Centre from November 18 to 22, 2014 represented by 64 leading names from the Indian Gems & Jewellery industry. The participation has increased over last year and so has the exhibit space by
Platinum Love Bands Unveils New Season Collection
Mumbai: Platinum Love Bands has unveiled its new Season Collection — a tribute to the unspoken language shared between couples. Rooted in the belief that every love story has its own dialect, one the world may not understand, this collection transforms those quiet connections into something you can wear — something you can cherish for life. These aren’t just rings.
De Beers Announces Changes to Exe. Committee
London: De Beers Group has announced changes to its Executive Committee, with current Chief Operating Officer, Burger Greeff, retiring at the end of the year following three decades of exceptional service. Kevin Smith, currently Executive Vice President, Corporate Affairs & Strategy, will become Interim Chief Operating Officer, while Eirik Waerness, currently Senior Vice President & Chief Economist, will move into
D.P. Abhushan Delivers Strong Performance in Ǫ2
Mumbai: D.P. Abhushan Limited (NSE: DPABHUSHAN, BSE: 544161), a company marking golden legacy of 85 years into Jewellery Industry known for its highest purity & designs standards, transparency & wide range of products portfolio at 11 different geographics in India, announced its financial results for the Second quarter and half year ended 30th September 2025. Ǫ2FY2C Highlights: H1FY2C Highlights: Commenting on the performance,
GJEPC Charts $100 Bln. Export Vision for India’s G&J Sector
New Delhi: Mr. Kirit Bhansali, Chairman, Gem & Jewellery Export Promotion Council (GJEPC), was invited to attend the meeting organized with selected representatives of various industry sectors that contribute majorly to India’s merchandise exports chaired by the Prime Minister Mr. Narendra Modi at New Delhi, on 3rd November 2025. Mr. Bhansali was representing the Gems & Jewellery (G&J) sector that
