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

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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

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New Device Grades Fancy Colored Diamonds

London: A new device can color-grade both fancy colored diamonds as well as diamonds with secondary hues, says a release from manufacturer ImaGem. The device uses data from thousands of samples to derive its grades for fancy colored stones, says Dr. Lalit K. Aggarwal, chairman of ImaGem, which manufactures the device. The device, called the GL3200, can “identify which stones

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WDC Warns against Trading Diamonds with CAR

New York: The World Diamond Council has issued a warning that, despite the Administrative Decision of the Kimberley Process of May 23, 2013, which ordered the temporary suspension of trading in diamonds from the Central African Republic (CAR), production of diamonds in that country is continuing and there is evidence of diamonds from the CAR reaching the markets. The WDC

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Entries Invited for Artisan Awards

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has been recognizing and rewarding the best in jewellery design. The Artisan celebrates the highest levels of artistry, innovation and individuality, elevating jewellery designers to their rightful status of artists. The Artisan jewellery Design Awards 2014 invites India’s finest jewellery designers to push their design boundaries and reveal their utmost creativity

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GJF Asks Finmin to Rationalize Duty

New Delhi: The All India Gems and Jewellery Trade Federation (GJF) has asked the government to at least double the gap between the import duties on raw gold and finished product to protect domestic manufacturers stressed by various curbs on raw material sourcing from overseas. In a meeting with the finance minister, senior executives of the association demanded the government

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NDC & DJG Unite to Strengthen Natural Diamond Narrative in UAE

Dubai: Natural Diamond Council (NDC), a global not-for-profit organization representing the natural diamond industry and its entire value chain, is proud to announce a strategic collaboration with Dubai Jewellery Group (DJG). The partnership will be marked by an exclusive B2B event in Dubai, dedicated to reinforcing the integrity, transparency, and long-term growth of the natural diamond sector. Taking place on

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Gold Breaks Records as Investors Seek Shelter from Market

Mumbai: The World Gold Council’s (WGC) Q3 2025 Gold Demand Trends report reveals that quarterly gold demand (including OTC) reached 1,313t, or US $146bn in value terms and was the highest quarter for demand on record. Growth was driven primarily by investment demand which accelerated in Q3 reaching 537t (+47% y/y) and accounted for 55% of overall net gold demand. This momentum

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Jennifer Lopez Named Ambassador for Zen Diamond

Mumbai: Jennifer Lopez is named as the new brand ambassador for Zen Diamond. As the company continues its international expansion across 22 countries, this collaboration marks a significant step in its journey toward becoming a globally recognized brand. At the beginning of August 2025, while performing across Europe and Asia on her “Jennifer Lopez Up All Night” tour, Jennifer Lopez

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HRD Antwerp to Stop Grading Loose LGDs

Antwerp: HRD Antwerp announced it will stop grading loose lab-grown diamonds (LGDs) for commercial use, starting from January 2026. This move is intended to clearly distinguish between natural and lab-grown diamonds and strengthen consumer confidence in the natural diamond market. The lab will continue to issue certificates for jewelry that contains LGDs and will still analyze synthetic stones for research purposes. 

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