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
De Beers Briefs NY Banking Community
New York: Rough diamond supplies are likely to plateau by 2020 and then significantly decline during the following decade, according to Howard Davies, the head of commercial development for De Beers, who briefed members of the New York banking community recently about fundamentals affecting the state of the diamond market. Estimated global rough production, according to De Beers projections, will
DDC, IDE Create 'Diamond Supply Platform'
New York: The Diamond Dealers Club (DDC) of New York and the Israel Diamond Exchange (IDE) are creating an unparalleled “Diamond Supply Platform” on the trading floor of the DDC, at a time that North American diamond buyers need it most, DDC’s president, Reuven Kaufman, and IDE’s president, Shmuel Schnitzer, said in a joint statement recently. The two pledged to
Gem-A Confirms Two New Conference Speakers
London: The Gemmological Association of Great Britain (Gem-A)) has announced two new extra-special speakers for the Gem-A Conference 2014 from 1 – 4 November at the Business Design Centre in Islington. Joining the confirmed group of 13 top-international speakers, world-renowned specialist Dr Franz Herzog will run two exclusive workshops on Chemical Analysis using a portable Energy Dispersive X-Ray Fluorescence device
Rough Prices May See 5-10% Correction
Mumbai: Even as diamond companies are starved of funds, with Antwerp Diamond Bank (ADB) shutting shop in India and Standard Chartered Bank reducing exposure, a correction in the prices of rough and polished diamonds is likely, reports Business Standard. Vipul Shah, chairman of the Gem and Jewellery Export Promotion Council (GJEPC), said, “The prices of both rough and polished diamonds
IFSCA Permits GJEPC RCMC Holders to Import Gold, Silver Through IIBX
Mumbai: The International Financial Services Centres Authority (IFSCA), the unified regulator overseeing financial activities in GIFT City, has accepted key recommendations made by the Gem & Jewellery Export Promotion Council (GJEPC), allowing holders of a valid Registration-cum-Membership Certificate (RCMC) to access bullion imports through the India International Bullion Exchange (IIBX). Under a revised circular issued on 15 June 2026, valid
A Webinar on IIBX Gold Supply Mechanism
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in association with IIBX, is organizing a webinar on “IIBX Gold Supply Mechanism for GJEPC Members and SEZ Units” on 19th June 2026 to provide insights into the gold procurement framework through the India International Bullion Exchange (IIBX). The webinar is scheduled from 3 pm onwards. Mr. Ashok Kumar Gautam, MD
Central Banks Set to Step up Gold Buying over the Next Year
London: The World Gold Council’s (WGC) annual Central Banks Gold Reserves Survey reveals that 89% of reserve managers expect global central bank gold holdings to continue increasing over the next 12 months. With gold recently overtaking US government bonds as the top reserve asset, the findings point to continued momentum in central bank demand for gold. That confidence is also
India’s G&J Exports Stood at US$ 4.27 Bln in April–May 2026
Mumbai: India’s gem and jewellery exports stood at US$ 4.27 billion (Rs. 40,398.97 crore) during April–May 2026 as compared to US$ 4.55 billion (Rs. 38,848.42 crore) during the corresponding period of the previous year. While overall exports declined by 6.03% in dollar terms, they registered a growth of 3.99% in rupee terms. The figures are provided by India’s Gem &
