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
GJEPC Hosted SAJEX 2025 ‘Curtain Raiser’ Event
Jeddah: India’s Gem & Jewellery Export Promotion Council (GJEPC) successfully hosted the Curtain Raiser event for the Saudi Arabia Jewellery Exposition (SAJEX) 2025 at The Ritz-Carlton, Jeddah on 6th July. The evening brought together key dignitaries and trade leaders, marking the formal launch of the much-anticipated exposition. The event was graced by Hon’ble Chief Guest Mr. Fahad Ahmed Khan Suri, Consul
KISNA Opens Showroom in Borivali, Mumbai
Mumbai: KISNA Diamond and Gold Jewellery, one of India’s foremost jewellery brands, proudly announces the grand opening of its 82nd exclusive showroom at Sky City Mall, F-02, First Floor, Devipada, Western Express Highway, Borivali. This milestone reinforces KISNA’s commitment to making luxury diamond and gold jewellery more accessible across India, furthering its vision of ‘Har Ghar KISNA.’The prestigious launch event
David Kellie to Step Down from NDC Post
Mumbai: Mr. David Kellie has announced that he will be stepping down as CEO of the Natural Diamond Council (NDC) by the end of 2025. He has expressed his decision in a post on the Linkedin. The post says, “Following the successful signing of the Luanda Accord committing more diamond producers to provide funding support for the promotion of natural
De Beers to Relaunch Institute of Diamonds at IIJS
Mumbai: Are you attending the India International Jewellery Show Premiere (IIJS) 2025 this July? If so, make sure to save the date for the De Beers Group ‘Show & Tell’ event being held in partnership with the India Natural Diamond Retailers Alliance (INDRA). India’s Gem & Jewellery Export Promotion Council (GJEPC) is organizing the IIJS from 30th July to 4th
De Beers Diamond Jewellers to Begin Campaign
Gaborone: De Beers Diamond Jewellers’ new brand advertising campaign will launch in October 2014. The campaign is a key milestone for the jeweler, which epitomizes natural beauty and brings to life the power and grace of the brand. The campaign features Andreea Diaconu, who was chosen for her natural beauty and elegant charm. Diaconu was photographed for the campaign by
Petra Diamonds 14 Output Crosses Expectations
Johannesburg: Petra Diamonds, which has operations in South Africa and Tanzania, lifted its full-year production by 17 percent to 3.1 million carats in the fiscal year ended 30 June 2014. This was slightly ahead of market expectations of 3 million carats, the company said in a statement emailed to Rough & Polished. Petra said it was on track to mine
India, China Driving Demand Growth for Diamonds
Hong Kong: Surging demand for diamonds in China and India may see the two countries match the size of market in the U.S., the biggest consumer, by 2020, reports Bloomberg. “We will see strong growth in India as soon as the country gets its house in order with the new government,” Jean-Marc Lieberherr, managing director of Rio Tinto Group (RIO)’s
ADB Issue Can Still Be Solved
Antwerp: “There is still room to find a solution, to keep the financing levels of the Antwerp diamond sector at market conform levels.” This is AWDC’s reaction to the news that KBC will proceed with an ‘orderly wind-down’ of the Antwerp Diamond Bank. “As an umbrella organization we have been duly following the developments in this matter,” says Margaux Donckier,
