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
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Jewellery Hand Carriage Facilitation Centre Opened at Mumbai Airport
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in collaboration with Mumbai Customs, formally inaugurated the Jewellery Hand Carriage Facilitation Centre at Chhatrapati Shivaji Maharaj International Airport (CSMIA), Terminal 2, on 16th July 2025. The facilitation centre was inaugurated by Mr. Surjit Bhujbal, Member Customs, CBIC, in the presence of Mrs. Prachi Saroop, Principal Chief Commissioner, Mr. Alok Jha,
Despite Challenges, Gold is Well Positioned
Mumbai: Gold entered the second half of 2025 following an exceptionally strong performance in the first six months of the year, with prices rising 26%. This surge was driven by a weaker US dollar, ongoing geopolitical tensions, strong investor interest, and sustained central bank buying, according to the World Gold Council’s (WGC) mid-year outlook released on Tuesday, July 15. While
GJEPC Targets Saudi Arabia to Expand G&J Exports
Jeddah: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem and jewellery trade in India, with the support of the Ministry of Commerce & Industry, Government of India; the Embassy of India in Riyadh; the Consulate General of India in Jeddah; and the Dubai Jewellery Group, successfully launched SAJEX – The Saudi Arabia Jewellery Exposition
GJSCI Gets Skill Development Leadership Award
Mumbai: World Education Congress 2025 at its 14th Edition honoured The Gem & Jewellery Skill Council of India “The Skill Development Leadership Award” under the title The New Education Paradigms. The World Education Congress 2025 is governed by Global Advisory Council which guides the strategic intent of the congress to its logical success. The World HRD Congress, is a global forum committed
Israel Lowers Risk of Diamond Industry
Ramat Gan: Israel’s anti-money laundering and tax authorities have lowered the risk rating of Israel’s diamond industry from high to medium. This comes in the wake of measures implemented by the industry over the past several years to improve transparency and compliance with international financial guidelines. It is seen by the industry as a very important achievement, and a vote
India's Gold Imports Continue to Grow: WGC
Mumbai: The World Gold Council (WGC) has launched a report titled ‘Bullion Trade in India’, as part of a series of in-depth analysis on the Indian gold market. The report highlights how, with very little mining and modest levels of recycling, India is heavily reliant on bullion imports to meet its domestic demand. Indian official imports have continued to grow despite
Reena Ahluwalia Launches Diamond Art NFTs
Toronto: Diamond artist and jewellery designer Reena Ahluwalia announced her first-ever Diamond Art Non-fungible tokens, or NFTs on OpenSea Marketplace. Reena’s ‘Diamond-Verse’ NFTs are ultra-rare Edition 1/1, along with limited Editions, 10/10. Reena’s NFTs extend her widely known diamond paintings into a 3D digital realm, expanding her distinct vision and imagination as an immersive luxury experience. Reena said, “I have
Cluster Mapping Report: The Path for Future Growth
Mumbai: The National Council of Applied Economic Research (NCAER) survey data on Indian Gem & Jewellery industry reveals that in 2019 there were a total of 9.89 lakh units and 42.89 lakh workers in the sector. A total of 390 districts are identified as clusters based on the number of units working in the gem and jewellery sector. Since the
