We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
Top News
India Signs Historic FTA Treaty with UK
London: India and the United Kingdom signed a landmark Free Trade Agreement (FTA) today; a deal anticipated to open up billions of dollars in trade and investment opportunities for both countries. The signing came as Prime Minister Narendra Modi made a visit to the UK-his fourth since assuming office in 2014. During the trip, he is scheduled to hold comprehensive
Registrations Open for CIBJO Congress 2025
Milan: Registration for the 2025 congress of the World Jewellery Confederation (CIBJO) is open. Delegates and other participants may register for the congress via a dedicated congress website located at: www.cibjo.org/congress-2025/. The three-day event will take place from Monday, October 27, through Wednesday, October 29, 2025. Marking the start of the World Jewellery Confederation’s Centenary Year, the 2025 CIBJO Congress will
SKY Gold & Diamonds Delivers Robust Q1 Results
Mumbai: Sky Gold and Diamonds Limited (BSE: 541967 | NSE: SKYGOLD), listed B2B Gold Jewellery manufacturer has announced its Q1FY26 results for the quarter ended June 30, 2025. With continued momentum from a record FY25, the company has started FY26 on a solid footing, backed by rising exports, capacity enhancement plans, and deeper retail partnerships across India, the Middle East
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
Portugal Joins Kimberley Process Certification
Lisbon: Portugal has joined the Kimberley Process certification scheme, according to the Official Journal of the European Union. The Kimberley Process Certification Scheme is an international governmental certification program that was set up to prevent the trade in diamonds that fund conflict. Established in January 2003, the scheme requires governments to certify that shipments of rough diamonds are free from
Russia Becomes Top Diamond Producer in 2014
Moscow: Global diamond output grew 4 percent in value last year to $14.5 billion as the average price per carat jumped 8 percent to $116.17 and Russia displaced Botswana as the world’s largest producer, according to data published by the Kimberley Process Certification Scheme (KPCS). In terms of volume, production fell by 4 percent to 124.778 million carats. Russia, which
CIBJO Congress Becomes 1st Carbon-Neutral Event
Milan: With the submission of a report that carefully details the carbon footprint of this year’s CIBJO Congress, which took place in Salvador da Bahia, Brazil, May 4-6, 2015, and the purchase by CIBJO of offsetting carbon credits, the annual gathering of the World Jewellery Confederation is to officially become the first-ever major event in the industry to qualify as
De Beers Cuts Diamond Prices to Boost Demand
Gaborone: De Beers, the world’s biggest diamond producer, has lowered prices by as much as nine percent to boost sales, Bloomberg News said Monday quoting three unnamed sources. The move came amid a wider commodities slump, with global stock markets plunging over fears of an economic slowdown in China, a key growth sector for diamond sales. The price cuts follow
