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 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
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
Top News
Gold Jewellery Testing Centres in India
Mumbai: To safeguard the interest of the end consumer, the Bureau of Indian Standards (BIS) is coming up with a policy by which a customer will be able to get his gold jewellery tested at the Bureau’s local office. According to the policy, in the event the purity is not as guaranteed by the jeweller, the Assaying and Hallmarking (A&H)
Indian Diamantaires Offer Large Discounts
Mumbai: Severe liquidity problems are forcing some Indian diamond companies to offer large discounts to off-load inventory in order to pay off loans, according to Indian media reports. The liquidity issues have been sharpened further by the winding down of the Antwerp Diamond Bank (ADB), and recent reports that Standard Chartered Bank is cutting back its exposure to the diamond
eBay Launches Live Auctions
New York: Online marketplace eBay has launched its live auctions in a move that it says opens the doors of traditional brick-and-mortar auction houses to online shoppers around the world. Among the first sales planned is an Important Jewelry auction, which will be hosted by Doyle New York. The sale, which will take place on October 21, comprises 439 lots.
IDE to Advance "Natural is Real" During IDW
Ramat Gan: The Israel Diamond Exchange (IDE) will be advancing its “Natural Is real” campaign during the Israel Diamond Week in New York to be held next month at the Diamond Dealers Club of New York (DDC). The campaign, which was launched during last year’s Israel Diamond Week in New York, stresses the Israeli diamond industry and trade’s commitment to
JGW Hong Kong Begins from 14th September
HONG KONG: Next month, the global jewellery industry has only one destination: Hong Kong. Organised by Informa Markets, JGW September (Jewellery & Gem World September) brings together 3,000+ exhibitors from 40+ countries and regions, all showcasing the collections that will define retail displays worldwide. This is the trade’s ultimate B2B sourcing destination: Six specialised buying experiences where attendees move beyond
GSI Issues India’s First Pigeon Blood Reports
Jaipur: Gemological Science International (GSI), one of the world’s largest gemological organizations, has begun issuing colored stone reports carrying recognized color trade names — Pigeon Blood for ruby, Royal Blue and Padparadscha for sapphire — in Jaipur and Mumbai. It is the first time such reports have been issued in India. The designations are granted only to untreated stones. Heated, diffused or otherwise enhanced material is
Sky Gold Enters MSCI India Domestic Small Cap Index
Mumbai: Sky Gold & Diamonds Ltd, one of India’s fast-growing jewellery manufacturers, has been added to the MSCI India Domestic Small Cap Index, as part of the latest index review announced by MSCI. The inclusion marks an important milestone for Sky Gold, reflecting the company’s growing presence and relevance within India’s listed small-cap universe. A key development during the current quarter
CIBJO Pays Tribute to Vasant Mehta
Milan: The World Jewellery Confederation (CIBJO) mourns the passing of Vasant Mehta, a prominent leader of the Indian diamond and jewellery industry, who passed away yesterday at the age 81. A former chairman of the Gem & Jewellery Export Promotion Council (GJEPC), a position he filled from 2008 to 2010 after two terms as vice chairman, he represented the Indian
