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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Gem Sells Letšeng’s 198 Ct Diamond For $10.6m

London: Gem Diamonds has racked-in $10.6 million from the sale of a 198 ct white diamond recovered end of July from its 70 percent-owned Letšeng mine, in Lesotho. It said in a brief statement emailed to Rough & Polished that the Type II, D colour diamond attracted a price of $53 746/ct. “The sale of this large, high-quality white diamond

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Buddha Diamond Cut to be Exhibited at ADTF

Antwerp: Diamond manufacturers are always looking for ways to innovate and bring new and better products into the market. One of the roads well-travelled toward innovation is the introduction of a new diamond shape or cut. But while Antwerp has seen its share of newly introduced modified cuts, it is not often that we encounter something unusual such as the

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Statement by E.G.L. Platinum

Ramat Gan: Menahem Sevdermish and Avi Meirom, the founding owners of the EGL Platinum laboratory, have issued the following statement in response to the RapNet and Polygon press releases, respectively distributed on September 9 and 15, 2014, regarding the delisting of EGL diamond certificates. EGL Platinum supports RapNet’s and Polygon’s intentions to sanction any laboratory that issues over-graded certification, undermining

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Rare Pink Diamond Ring Snatched

Perth: On Sept. 27, a rare pink diamond ring worth $577,000 was stolen during a viewing day at an auction house, according to a statement from police in New South Wales, Australia. Local news reports say the pink and white diamond ring, which held a rare pink gem excavated from Australia’s Argyle mine, was snatched from a counter during a

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Belgian PM Visited Bharat Diamond Diamond Bourse

Mumbai: Bharat Diamond Bourse (BDB), on behalf of the entire Indian diamond industry, was honoured to welcome H.E. Mr. Bart De Wever, Prime Minister of the Kingdom of Belgium and his official delegation on their visit to the Bourse at BKC, Mumbai, yesterday. It marked a historic new milestone in the over 100-year partnership between the diamond industries of the

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IIJS Bharat Premiere-the Show that Broke all Records

Mumbai: 42nd edition of IIJS Bharat Premiere 2026, organized by the Gem & Jewellery Export Promotion Counci (GJEPC), concluded in Mumbai on 10th August, the strongest B2B edition in the show’s 25year history. The numbers tell all. Spanning 135,000 sq. metres across the Jio World Convention Centre (JWCC) and the Bombay Exhibition Centre (BEC), the show hosted 2,100+ exhibitors across

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IIM Ahmedabad & GJC Continue Landmark Collaboration

Ahmedabad:  All India Gem & Jewellery Domestic Council (GJC), the apex body of India’s gems and jewellery sector, is building on the resounding success of last year’s inaugural edition by advancing its landmark collaboration with IIM Ahmedabad through GemLead Focus — an exclusive executive masterclass designed to redefine leadership, excellence, and advanced development for the industry. This year’s programme, held from 31st August to 3rd September 2026 at

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GJEPC’s Australia-New Zealand Trade Mission 

Mumbai: The Brisbane portion of GJEPC’s Australia-New Zealand trade mission brought Indian gem and jewellery exporters into discussions with Queensland’s jewellery retailers, wholesalers and business bodies, while reinforcing the opportunities created by the India-Australia ECTA. Led by Vijay Mangukiya, Convener – International Events, GJEPC, the delegation visited Brisbane on 24-25 August 2026 and met Ms. Neetu M. Bhagotia, Consul General

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