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
Platinum BSM Ignites Fresh Momentum for India’s Jewellery Market
Kochi: Platinum Guild International (PGI) India recently concluded the 2025 edition of its annual Platinum Buyer-Seller Meet (BSM) on a high note in Kochi, bringing together leading industry voices right from key manufacturers to major jewellery retail partners from across the country. The event continued its legacy as a key platform for platinum jewellery manufacturers and retailers to collaborate on
GJEPC Proposes Sector Priorities to Piyush Goyal
New Delhi: Mr. Kirit Bhansali, Chairman of India’s Gem & Jewellery Export Promotion Council (GJEPC), along with Mr. Sabyasachi Ray, Executive Director, GJEPC, met Union Commerce & Industry Minister Mr. Piyush Goyal on 30th June during an interactive meeting with Export Promotion Councils and industry associations at Vanijya Bhawan, New Delhi. The GJEPC delegation highlighted several critical policy concerns and
GJEPC Participated in Mega MSME Sammelan
Lucknow: India’s Gem & Jewellery Export Promotion Council (GJEPC) participated in the Mega MSME Sammelan 2025, organised by ASSOCHAM in Lucknow on 26-27 June to mark MSME Day. The event celebrated the contributions of MSMEs to India’s economy and exports and explored ways to strengthen their growth. Mr. Antarpal Singh Sawhney, Regional Chairman (North), GJEPC, addressed the gathering, highlighting the
GJEPC Highlights FTA Potential for Jewellery Sector
Jaipur: At the ‘Growing Opportunities from Free Trade Agreements – An Industry Perspective’ workshop held on 24 June in Jaipur, Mr. Sabyasachi Ray, Executive Director, GJEPC, delivered an impactful address on how Free Trade Agreements (FTAs) are poised to reshape the future of India’s gem and jewellery exports. Organised by the Confederation of Indian Industry (CII) along with the Centre
Zimbabwe’s Diamond Exports Fell 34% in 2014
Harare: Diamond exports fell by 34 percent to 5.9 million carats last year from the eastern Marange region after a slump in production, a junior government minister said. Zimbabwe is one of the world’s top diamond-producing countries, and is believed to hold 25 percent of the world’s reserves of opencast extractable diamonds, with Marange fields its major diamond source. The
De Beers May Sight Estimated at $470M
Gaborone: The De Beers May sight closed with an estimated value of $470 million as the mining company reduced its rough diamond prices by an average of 3 percent. Sightholders noted that prices for many boxes fell by even more as the quality of the assortments declined in many categories. Sightholders said that rough prices are close to the bottom
GIA Notifies Trade of Undisclosed Diamonds
New York: The Gemological Institute of America (GIA) has said that it suspects 500 colorless to near colorless diamonds submitted primarily to its laboratory in Ramat Gan, Israel have potentially been subjected to an undisclosed temporary treatment. So far, the diamonds treated in this way have been submitted by just a few clients. The lab said the treatment is a
IDE's Statement on Undisclosed Treated Diamonds
Ramat Gan: The President and the Board of the Israel Diamond Exchange has issued a statement expressing concern about reported suspicions that traders have distributed close to 500 high-quality, treated polished diamonds in the Israeli diamond trade, without disclosure, and with GIA diamond grading reports that misrepresented the diamonds’ true identity. The deception was exposed by GIA, which subsequently issued
