We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
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KISNA Opens Showroom in Borivali, Mumbai
Mumbai: KISNA Diamond and Gold Jewellery, one of India’s foremost jewellery brands, proudly announces the grand opening of its 82nd exclusive showroom at Sky City Mall, F-02, First Floor, Devipada, Western Express Highway, Borivali. This milestone reinforces KISNA’s commitment to making luxury diamond and gold jewellery more accessible across India, furthering its vision of ‘Har Ghar KISNA.’The prestigious launch event
David Kellie to Step Down from NDC Post
Mumbai: Mr. David Kellie has announced that he will be stepping down as CEO of the Natural Diamond Council (NDC) by the end of 2025. He has expressed his decision in a post on the Linkedin. The post says, “Following the successful signing of the Luanda Accord committing more diamond producers to provide funding support for the promotion of natural
De Beers to Relaunch Institute of Diamonds at IIJS
Mumbai: Are you attending the India International Jewellery Show Premiere (IIJS) 2025 this July? If so, make sure to save the date for the De Beers Group ‘Show & Tell’ event being held in partnership with the India Natural Diamond Retailers Alliance (INDRA). India’s Gem & Jewellery Export Promotion Council (GJEPC) is organizing the IIJS from 30th July to 4th
NDC Unveils Fancy Color Diamond Report
Paris: The Natural Diamond Council (NDC), in partnership with Choron Group and the Fancy Color Research Foundation (FCRF), has unveiled a groundbreaking report celebrating fancy colour diamonds. Released to coincide with Paris Couture Week, the Fancy Colour Diamond Report casts a global spotlight on these exceptionally rare and natural gems. This is the first comprehensive report of its kind, offering
Israel Diamond Week is a Value-Adding Event
Ramat Gan: The Israel Diamond Exchange (IDE) is inviting members of its 29 sister diamond bourses affiliated to the World Federation of Diamond Bourses (WFDB) to take part in the February 8-12, 2015 Winter edition of the International Diamond Week. IDE President Shmuel Schnitzer, who served as WFDB President from 1998-2004 and is also a WFDB Honorary Life President, said
Miners Unite to Market Platinum
Johannesburg: South Africa’s platinum miners have set up an international council to drive investment in the metal as prices remain stagnant, despite the five-month blow to supply earlier this year and recycling being a competitive source of metal. Anglo American Platinum (Amplats), Aquarius Platinum, Impala Platinum, Lonmin, Northam Platinum and Royal Bafokeng Platinum will each fund the council in a
Artisan Awards: 800 Entries, 12 Winners
Mumbai: Lights! Camera! Bling! With exquisite jewellery designs on display, models exhibiting artistic pieces, esteemed jury panel from the fashion world gracing the event, the semi-finals of the Artisan Jewellery Design Awards 2014 was nothing short of a fashionable event. With the underlying theme ‘100 years of Indian cinema,’ the evening saw iconic jewellery celebrate Bollywood through four iconic eras
Tanzania to Temporarily Ban Gemstones Exports
Dar-Es-Salaam: Tanzania is to impose a moratorium, albeit temporary, on the exportation of gemstones in a bid to “strengthen” the domestic market, according to the local media. The move is also meant to transform Tanzania’s northern tourist city of Arusha into a gemstone centre. Ministry of Energy and Minerals spokesperson Badra Masoud was quoted as saying that the decision would
