We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
Top News
GJSCI Gets Skill Development Leadership Award
Mumbai: World Education Congress 2025 at its 14th Edition honoured The Gem & Jewellery Skill Council of India “The Skill Development Leadership Award” under the title The New Education Paradigms. The World Education Congress 2025 is governed by Global Advisory Council which guides the strategic intent of the congress to its logical success. The World HRD Congress, is a global forum committed
Top 100 UK Buyers Turn Up at India-UK BSM
London: Some of the UK’s most respected jewellery buyers, including Allied Gold, Brown & Newirth, Gemporia, Asprey, Optima, Astrid & Miyu and Gecko Jewellery among several others, turned out in strong numbers at the recently held India–UK Gem & Jewellery Buyer-Seller Meet (BSM) in London, underscoring the growing confidence in Indian manufacturing and the business potential unlocked by the forthcoming
Chinese Buyers Make Strong Comeback at JGA Hong Kong
Hong Kong: The return of Chinese buyers and increased attendance from Southeast and Central Asia-based visitors energised the show floor of the recently concluded Jewellery & Gem ASIA Hong Kong (JGA), Informa Markets Jewellery announced recently. Held from 19 to 22 June at the Hong Kong Convention and Exhibition Centre (HKCEC), Asia’s No.1 mid-year B2B jewellery sourcing fair recorded a
Global Platinum Jewellery Market Rebounds
London: Platinum Guild International (PGI), a worldwide marketing organisation dedicated to creating, expanding and strengthening consumer and trade markets for platinum jewellery, has shared its findings from its Platinum Jewellery Business Review update for Q1 2025, highlighting strong growth across key global markets, led by a significant recovery in China. Platinum jewellery is seeing renewed global momentum, with China leading
WFDB Calls for Action against Over Grading
Antwerp: In a signed, open letter, Ernie Blom, President of the World Federation of Diamond Bourses has warned that “overstated certification” or the practice of over grading by labs could cause a serious erosion of consumer confidence. In some cases he said, such a practice could also be construed as fraud and have criminal implications. Blom called for all member
Diamonds worth $24 Mln Smuggled Out of CAR
Bangui: Diamonds worth $24-million have been reportedly smuggled out of the Central African Republic (CAR) since the Kimberley Process suspension of exports last year, Mining Weekly reports. Seleka rebels and “anti-balaka” militia are providing security to local diamond traders, who initially pay the warring groups for safe access to diamond fields and then for ongoing protection during mining. “It’s a
Israel Diamond Week is a Value-Adding Event
Ramat Gan: The Israel Diamond Exchange (IDE) is inviting members of its 29 sister diamond bourses affiliated to the World Federation of Diamond Bourses (WFDB) to take part in the February 8-12, 2015 Winter edition of the International Diamond Week. IDE President Shmuel Schnitzer, who served as WFDB President from 1998-2004 and is also a WFDB Honorary Life President, said
Miners Unite to Market Platinum
Johannesburg: South Africa’s platinum miners have set up an international council to drive investment in the metal as prices remain stagnant, despite the five-month blow to supply earlier this year and recycling being a competitive source of metal. Anglo American Platinum (Amplats), Aquarius Platinum, Impala Platinum, Lonmin, Northam Platinum and Royal Bafokeng Platinum will each fund the council in a
