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
Gem Diamonds Posts 54% Jump in Revenue in H1
London: Gem Diamonds Limited reported its revenue rose 54 percent to $148.9 million in the half year ending June 30. The miner reported attributable profit of $19.7 million, up 129 percent from a year earlier. “Excellent financial performance with significant growth in revenue, strong cash flow further enhancing the balance sheet and [the firm is] on track to consider declaring
LDB Launches Platform for Member Inventory
London: London Diamond Bourse members can now search goods from fellow members in the latest unveiling on their website. This exciting initiative is the latest development in the London Diamond Bourses passage into enhancing membership value. Victoria McKay, the bourse’s chief operating officer, said, “It’s a radical move to enhance and dovetail with the traditional ‘trading across tables’ method by
Antwerp Posts Solid Trade Figures in July
Antwerp: July continued to mark a stable month for the Antwerp diamond sector. A modest decrease was only seen in in the volume of imported polished diamonds, compared to July 2013. The rough diamond trade continues to fare well. In comparison with July of last year, the volume of exported diamonds rose by 1,22%, which translates to a volume increase
DDC Makes Award to Pankaj Parekh
New York: The incoming chairman of India’s Gems & Jewellery Export Promotion Council (GJEPC), Pankaj Kumar Parekh, was presented with an award by Reuven Kaufman, president of the Diamond Dealers Club, and Eli Izhakoff, WFDB and DDC honorary president, at a reception in honor of the first India Diamond Week in New York, reports idexonline. Parekh was recognized for his
WHP Jewellers Receives IAGES Accreditation
Mumbai: In India’s highly dynamic gold sector, consumers are increasingly seeking retailers who follow a strict Code of Conduct that offers transparency, trust, and sustainability across the entire gold value chain. To establish a stringent framework across the industry, the Indian Association for Gold Excellence and Standards (IAGES), a Self-Regulatory Organisation (SRO) established by and for the Indian gold industry,
Senco Gold Clocks Record Sales of ₹1700+ cr. for October
Mumbai: Senco Gold & Diamonds has reported the highest ever retail sales for the month of October in its 85+ year old history! Senco clocked sales of over ₹1,700 crore for the month backed by robust festive buying for Diwali and Dhanteras, registering a 56% YoY growth over October last year. Gold value for the brand went up by 60%
NDC, Dubai Jewellery Group Host ‘The Diamond Dialogue’
Dubai: Natural Diamond Council (NDC), a global not-for-profit organization collaborating the natural diamond industry and its entire value chain, hosted first-ever edition The Diamond Dialogue in partnership with Dubai Jewellery Group (DJG). The Diamond Dialogue was a thought-provoking industry roundtable that brought together leading voices from the UAE’s jewellery sector to discuss the evolving landscape of the natural diamond industry.
Platinum Love Bands Unveils New Season Collection
Mumbai: Platinum Love Bands has unveiled its new Season Collection — a tribute to the unspoken language shared between couples. Rooted in the belief that every love story has its own dialect, one the world may not understand, this collection transforms those quiet connections into something you can wear — something you can cherish for life. These aren’t just rings.
