We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
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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
Angola Sets 10M Carat Output Target in 2014
Luanda: Angola, the fourth-largest diamond producer in the world, aims to ramp up production this year, setting itself an output target of 10 million carats. “This year we have an ambitious target of 9.5 million carats in production and 550,000 carats in artisanal production, which means we have to produce 10 million carats,” said Angola Geology and Mining Minister Francisco
India's Diamond Imports' Get 180 Days' Credit
Mumbai, 8th July: The Reserve Bank has relaxed norms governing import of rough, cut and polished diamonds by doubling the credit time period to 180 days. “…it has been decided, in consultation with the government, that the Clean Credit i.e. credit given by a foreign supplier to its Indian customer/ buyer, without any Letter of Credit (Suppliers’ Credit)/Letter of Undertaking
Kiran Gems Gives First Melee Screening Machine
Mumbai: Kiran Gems, the world’s largest manufacturer of diamonds, had the first [De Beers] International Institute of Diamond Grading and Research’s (IIDGR) diamond Automated Melee Screening (AMS) machine commissioned at its headquarters in the Bharat Diamond Bourse (BDB), Mumbai. AMS is currently the most advanced machine with the latest technology in CVD screening. Dinesh Lakhani, director of global sales said:
Forevermark Eyeing 30% Revenue from India
Jaipur: Forevermark, the premium diamond brand from the world’s largest diamond company, De Beers Group, expects India to contribute about 30 per cent to the brand’s global sales in three-four years from about 15 per cent now. Forevermark, which entered the Indian market in 2011, retails through over 150 retailers and wholesalers across the country. The company doesn’t intend to
IIJS Bharat Signature Opens at BEC
Mumbai: The grand ceremonial opening of the Bombay Exhibition Centre (BEC) on 9th January marked a defining moment for IIJS Bharat Signature 2026, bringing together industry leadership, diplomacy and retail at onestage. The occasion reinforced why the first global gem & jewellery show of the year remains the trade’s early year barometer, not just for sentiment, but for direction. Speaking
IIJS Bharat Signature 2026 Inaugurated at JIO
Mumbai: As the first global jewellery show of the year, Signature once again became the place where expectations for the months ahead began to take shape. The Show was thrown open at the JIO World Centre, BKC, Mumbai on 8th January. In his opening remarks, Mr. Kirit Bhansali, Chairman, GJEPC positioned 2026 as a pivotal year for the sector, marked
Candere Opens Three Stores in Maharashtra
Mumbai: Candere, the lifestyle jewellery brand by Kalyan Jewellers known for its modern and trend-led designs, has expanded its retail presence in Maharashtra with the launch of three new stores in Kandivali, Nashik, and Kolhapur. These new additions further reinforce the brand’s commitment to offering accessible, stylish, and contemporary jewellery for today’s discerning customers. The newly launched stores mark Candere’s
IIJS Bharat Signature 2026 Opens on 8th Jan
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is set to open the global jewellery calendar with the 18th edition of IIJS Bharat – Signature 2026, the first global B2B jewellery trade fair of the year, scheduled to be held across two premier venues in Mumbai later this week. The exhibition will be held at the Jio World Convention
