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
Zimbabwe Running Out of Diamonds
Harare: Zimbabwe is fast running out of diamonds, the latest figures reveal. Zimbabwe diamond exports in sharp decline as alluvial stones run out. Industrial-grade diamonds dominate Zimbabwe’s gem exports, although sales sharply declined to $188 million in 2013 from nearly $658 million in the previous year due to weakening demand from the United Arab Emirates, China and Belgium as mining
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.
DHL Signs MoU with GJEPC
Mumbai: DHL Express, the world’s leading international express services provider, has signed a Memorandum of Understanding (MoU) with the Gems and Jewellery Export Promotion Council (GJEPC) to ship India-crafted jewellery via courier mode, leveraging DHL’s time-definite international (TDI) delivery service. As the first international logistics provider to sign an MoU with GJEPC, DHL will support local jewellery and gem makers
Inaugural DIDGC from January 29
Doha: The inaugural Doha International Diamond & Gem Conference (DIDGC) will be held in Doha , the capital of Qatar, at The Ned, from January 29 to 31st 2025. “The conference endeavours to be different from other global industry events staged over the past few years. We are fully aware of the recent structural changes that have taken place throughout the diamond and gemstone supply
Entries Open for Sustainability Awards 2025
Hong Kong: Informa Markets Jewellery’s Sustainability Awards by JWA (Jewellery World Awards) is back this year with a redefined set of categories! Recognising sustainability champions in the fine jewellery, gemstone and related industries, the Awards are open for entries from today until 7 April (6pm, Hong Kong Time). “Previously known as the JNA Awards, JWA was launched by Informa Markets
IIJS Celebration & Award Night
Mumbai: Renowned Bollywood singer Javed Ali set the stage on fire with his electrifying performance at IIJS Celebration Night at Jio World Convention Centre on 4th Jan on the eve of IIJS Signature organized by India’s Gem & Jewellery Export Promotion Council (GJEPC). The crowd went ballistic when he started singing the popular Bollywood numbers! An entertaining night that left
