We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Top News
Countdown Begins for IIJS Premiere 2025
Mumbai: Your wait is almost over as the year’s most ICONIC B2B Gem & Jewellery show India International Jewellery Show (IIJS) Premiere is just a few days away. Get ready for a spectacular show, featuring breathtaking jewellery and cutting-edge technological innovations, all under one roof. Organized by India’s Gem & Jewellery Export Promotion Council (GJEPC) from 30th July to 4th
Encouraged to See ‘Unity in Diamond Industry’: Yoram Dvash
Antwerp: The diamond industry is currently at a critical juncture. The meteoric rise in the penetration of synthetic diamonds into the market – which began as a marginal phenomenon – has become an unprecedented flood that threatens the value, image and future of the natural diamond, says Yoram Dvash, The President of World Federation of Diamond Bourses (WFDB). In less
CARATS 2025 Concludes with Great Success
Surat: CARATS, the Surat Diamond Expo, organized by Surat Diamond Association (SDA) from July 11 to 13, 2025, at the prestigious Avadh Utopia, concluded on an exceptionally high note. The event witnessed remarkable participation and enthusiasm from industry stakeholders, culminating in trade transactions surpassing INR 100 crore. This impressive milestone reaffirmed the expo’s growing stature as a premier B2B platform
GJEPC Hosts Exporter & GCC Designers’ Workshop
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) hosted the inaugural session of the Exporter and GCC Designers’ Workshop at the Bharat Ratnam Mega CFC, SEEPZ in Mumbai on 17th July. The event marks a key milestone in the lead-up to SAJEX (Saudi Arabia Jewellery Exposition), GJEPC’s first-ever show in Saudi Arabia, scheduled from 11th to 13th September 2025 at
Tirupati Temple Body Seeks Amendments to GMS
New Delhi: The Tirumala Tirupati Devasthanam, which manages the Sri Venkateswara Temple at Tirumala, wants the central government to make some amendments in the Gold Monetisation Scheme (GMS) so that it can invest its huge gold reserves. The investment committee of the TTD, which met here on Saturday, felt that the amendments should be made “for at least charitable and
IDE President Announces New Team
Ramat Gan: Yoram Dvash, the newly elected President of the Israel Diamond Exchange (IDE) announced this week that he had completed his round of appointments of functionaries on the board and of the heads of the IDE committees. The make-up of the IDE Presidium and Board is: Yoram Dvash, President; Yehezkel Blum, Executive Vice President; Shalom Papir, Senior Deputy President;
Dubai Signs MoU
Abu Dhabi: The Ministry of Economy, MoE, and the Dubai Multi-Commodities Centre, DMCC, have signed a Memorandum of Understanding, MoU, to support and enhance cooperation and coordination between the two sides concerning the supervision of import, export and transit of rough diamonds to and from the country, in line with the Kimberly Process Certification Scheme on the international trade of
Russia’s Rough Exports -18% in First 9 Months ’15
Moscow: The Russian Federation exported 20.38 million carats of rough in the first 9 months of 2015, which is 17.6% lower than in the same period of 2014, according to the data based on Kimberley Process certificates published by the Ministry of Finance. Russia’s rough exports reached 5.416 million carats in the third quarter of 2015 (down 28% year-on-year). In
