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
'Ship of Gold' Recovered
New York: Some 15,500 gold and silver gold coins, 45 gold bars, and 61 pieces of gold jewelry have been recovered from the SS Central America, the famed Ship of Gold that sank in 1857. Odyssey Marine Exploration, the Tampa, Fla.–based company that earlier this year won the right to excavate the doomed vessel and keep 45 percent of the
Russia-China Plan to Establish a Joint Bourse
Moscow: Russia and China plan to establish a joint bourse for trading in precious and semi-precious stones, the group of companies Karat’s CEO Konstantin Bunin said, according to ITAR-TASS. The company has received a proposal from the Beijing Gold Exchange (CBGE) and the Beijing Financial Asset Exchange (CFAE) to create a trading floor for precious stones following the example of
Rockwell Ups Q2 Diamond Output
Vancouver: Rockwell Diamonds increased the volumes of gravel processed from its operations in South Africa by 57 percent to 1.4-million cubic metres during the quarter ended August 31, resulting in a 37 percent increase in output to 9,581 ct. The company’s chief executive James Campbell said the second-quarter production results revealed continued benefits flowing from the group’s focus on its
De Beers first to Operationalize SQUID System
Gaborone: De Beers, owned by Anglo American is first in the world to operationalize airborne magnetic SQUID system-the Super Conducting Quantum Interference Device-for the faster execution of work programmes and significantly reducing the mining exploration costs. This Full Tensor Airborne Magnetic SQUID system could locate kimberlite deposits through looking at changes to magnetic fields. This hi-tech system has a very
Sky Gold & Diamonds Strengthens Mangalsutra Business with Strategic Acquisition
Mumbai: Sky Gold & Diamonds Ltd., manufacturer and exporter of gold and diamond jewellery, recently announced that its wholly owned subsidiary, Starmangalsutra Pvt. Ltd., has entered into an non binding term sheet to acquire a majority stake in Shri Rishab Gold, a reputed Mumbai-based jewellery firm. The partnership marks a significant step in Sky Gold & Diamonds’ strategy to establish
Pre CIBJO Congress Report Focuses on AI
Milan: With a couple of days to go to the opening of the 2025 CIBJO Congress in Paris, France, on October 27, 2025, the tenth and the final of the pre-congress Special Reports has been released. Prepared by the CIBJO Technology Committee, chaired by Stéphane Fischler, the report focuses exclusively on artificial intelligence, looking at ways in which the greater jewellery
De Beers Brings Diamonds & Glamour to London
Mumbai: Insiders suggest a star-studded journey to London might be on the cards. But why London? Beyond its glittering reputation as a global hub for jewellery and fashion, whispers point to something far more dazzling — De Beers is set to host a major showcase in the city. This year, De Beers Group makes its grand debut at Frieze London,
India’s G&J Exports Grow 3.66% in 1H of ’25-26
Mumbai: India’s gem and jewellery (G&J) exports record a steady recovery in the first half of FY2025–26, witnessing a growth of 3.66% to US$ 14.09 billion between April and September 2025 compared to US$ 13.60 billion in the same period last year. This growth comes despite global headwinds, reflecting the resilience and adaptability of India’s jewellery exporters as festive and
