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
NY DDC Opens India Diamond Week
New York: The Diamond Dealers Club (DDC) of New York, in conjunction with the Gem & Jewellery Export Promotion Council (GJEPC), greeted yesterday close to 100 exhibitors at its first India Diamond Week on the DDC’s trading floor in Manhattan. DDC’s president, Reuven Kaufman, is creating a renaissance of the diamond trading floors by welcoming diamantaires from India, the manufacturing
Global & Indian Firms Interested in Surat Bourse
Surat: Diamond companies from Belgium, Dubai, Israel and Hong Kong are interested in joining the proposed Surat diamond exchange and have applied for membership, according to Dinesh Navadiya, president of the Surat Diamond Association (SDA), reports The Economic Times. The proposed exchange, is likely to be almost as large as Mumbai’s Bharat Diamond Bourse (BDB), and the government is in
India May Restore Tax Benefits to Mfg SEZs
New Delhi: The Indian Government is examining the possibility of restoring tax benefits for a handful of manufacturing special economic zones, while continuing to tax the rest to minimize revenue losses, reports BusinessLine. “As exports from manufacturing SEZs, excluding gems & jewellery and petroleum, account for just 10 per cent of total SEZ exports, exempting them from taxes would not
PDE and IBGM Sign MOU
Panama: Brazil’s leading jewelry industry association, Instituto Brasileiro de Gemas e Metais Preciosos (IBGM), will be taking up residence in the Phase 1 building of the Panama Gem & Jewelry Center when it opens later this year. The announcement follows the signing of a Memorandum of Understanding between the Panama Diamond Exchange and IBGM in Sao Paulo during the Feninjer
Diwali Edition of GJS Opens in Mumbai
Mumbai: The India Gem & Jewellery Show (GJS2025) – Diwali Edition officially opened yesterday with a grand inauguration ceremony at the Jio World Convention Centre, Mumbai. The prestigious event was inaugurated by Chief Minister of Maharashtra, Mr. Devendra Fadnavis who attended the #HamaraApnaShow as Chief Guest, marking a proud moment for the Indian gem and jewellery industry. Also graced by
Augmont Receives Promising Gold Bullion Refiner Award
Mumbai: Augmont Enterprises Ltd., one of India’s established gold platforms, has been recognized with the prestigious “Promising Gold Bullion Refiner (All India)” award at the India Gold Conference (IGC) 2025. This recognition reflects the company’s role in contributing to the evolving bullion industry. At the conference, Mr. Ketan Kothari, Director at Augmont, was presented with the IGC Excellence Award 2025:
Take Blood Donation Pledge on Jeweller’s Day
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is calling upon every citizen to take a Blood Donation Pledge on Jeweller’s Day and actively participate in blood donation drives that will follow, in honour of the skilled craftsmen who are the backbone of India’s gem and jewellery industry. This initiative reflects the industry’s deep commitment to social responsibility and
Elton John Reveals Golden Moments of His Life
Mumbai: The World Gold Council (WGC) has unveiled a new documentary, ‘Touched by Gold’, a powerful exploration of gold’s enduring influence on culture, creativity, and society, told through the voice and life stories of Elton John. Touched by Gold charts his pervasive connection to gold, granting audiences an exclusive look at his personal archive and revealing the intimate ways gold
