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

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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

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WDC's Annual Meeting in Antwerp from 28th Oct

Antwerp: Members of the World Diamond Council (WDC) have assembled in Antwerp, October 28 to October 30, for the organization’s 2014 Annual General Meeting. Among the guests are Philippe Mellier, De Beers CEO, who will address a special all-day session on October 29, which will focus on issues associated with the Kimberley Process, 14 years after its establishment, and the

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IIGJ Appoints Dr. Seema Shah as Head for Mumbai

Mumbai: Dr. Seema Shah has been appointed as the Head at IIGJ Mumbai with effect from September 22, 2014. The Indian Institute of Gems & Jewellery (IIGJ) is a project of the Gems and Jewellery Export Promotion Council (GJEPC) sponsored by the Ministry of Commerce and Industry, Government of India. The previous Principal Col. Arora has stepped down due to

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SA Minister to Address Second ZDC

Harare: South Africa’s Minister of Mineral Resources, Mr Ngoako Ramatlhodi, will speak at the Second Zimbabwe Diamond Conference (ZDC) to take place next month about the huge contribution of mining to the economies and societies of South Africa and Zimbabwe and the need to responsibly manage resources. Mr Ramatlhodi will be a keynote speaker at the event, along with mining

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Large Diamonds Mined at Stellar’s Site in Guinea

Conakry: Stellar Diamonds, the mining company focused on sites in West Africa has reported that processing of the first kimberlite sample from the Baoulé trial mining project in Guinea has yielded two gen quality diamonds of over 5 carats, one stone more than 3 cts and three diamonds of over 1 carat. It said that this “suggests that Baoulé has

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JGTD to Open from 27th October

Dubai: The Middle East’s most global B2B jewellery sourcing event is all set for its fifth edition this October! Jewellery, Gem & Technology in Dubai (JGTD) opens from 27–29 October 2026 in North Halls N21 and N23 of the Dubai Exhibition Centre (DEC), reaffirming the fair’s status as the region’s go-to marketplace for fine jewellery, diamonds, coloured gemstones and technology. Featuring

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Indian Leaders Elected to the CIBJO Board of Directors

Vicenza: At the conclusion of the CIBJO Centenary Congress in Italy on September 7, the General Assembly elected several prominent leaders from the Indian gem and jewellery sector to the Board of Directors of The World Jewellery Confederation (CIBJO). Key Appointments & Leadership: Industry Impact & Key Initiatives Founded as the oldest global organization in the gem and jewellery trade,

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CIBJO Backs ‘Synthetic’ Terminology for Lab Growns

Vicenza: Meeting  in Vicenza, Italy, on September 7, 2026, after the conclusion of the Centenary CIBJO Congress, the organization’s Board of Directors approved a recommendation by its Diamond Commission and Coloured Stone Commission that the Blue Books be revised so that the word “synthetic” be the sole descriptor used to accurately and scientifically define a created product with the same chemical

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IGM Appoints Nirakar Chand as MD of BullionX

Mumbai: India Gold Metaverse (IGM) today announced the appointment of former CEO of Diamond India Ltd., Mr. Nirakar Chand, as the Managing Director of its bullion market vertical, BullionX™, which is a technology-enabled ecosystem for modern bullion markets. Earlier in his career, Mr. Chand had spent 22 years at State Bank of India (SBI) — 6 years in Bullion and

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