We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Top News
AGL Celebrates Five Years under New Management
New York, 15th April: American Gemological Laboratories (AGL), a provider of high-quality gemstone analysis and reporting is celebrating its five-year anniversary under the stewardship of Christopher P. Smith. “Five years ago, AGL was re-privatized during one of the most difficult periods the US and world financial markets have experienced in recent decades. AGL, however, had a good reputation and we did
Gold Smuggling Arrests Jump 750% YoY in India
Mumbai, 14th April: While cases of gold smuggling in India have jumped 265% from 40 in 2012-13 to 146 in 2013-14, the number of people arrested has shot up by 750%, from 30 in 2012-13 to 255 in 2013-14, data from the Directorate of Revenue Intelligence shows, according to a report published in Mineweb. “Gold imports through the legal channel have
GJEPC Briefs PMO on US Tariff Impact
New Delhi: India’s gem and jewellery sector has formally presented its key demands to the Government of India, urging for relief from US tariffs amid escalating trade tensions. GJEPC’s industry representation to the GoI encapsulates key areas requiring immediate attention under the proposed Bilateral Trade Agreement (BTA). A high-level delegation, led by Mr. Kirit Bhansali, Chairman, GJEPC, met Principal Secretary
GJEPC Becomes Title Partner of IIJS-JCL
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has become the Title Partner of the highly anticipated IIJS-JCL (Jewellers Cricket League), which kicked off on 11/04/2025) at the state-of-the-art Cricket Hub Ground, strategically located on the Banur-Landran Highway in Mohali. Representing GJEPC at this exciting event are esteemed officials Mr. Shamal Pote, Director along with team Mr. Pranabes Hazra
Seminar on “GJEPC & Trade Opportunities”
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) successfully organized an insightful seminar on “GJEPC and Trade Opportunities” for the gem and jewellery community of Zaveri Bazaar on April 11, 2025. The event was aimed at raising awareness about the Council’s various initiatives and support systems designed to boost the growth and global reach of the Indian gem and
Gemfields to Raise $30 Mln. Through Rights Issue
London: Gemfields Group Ltd announced on Friday plans to raise USD30 million through an equity rights issue, following a swing to a significant annual loss driven by rising costs and ongoing political instability. The London-listed miner and marketer of coloured gemstones reported a pretax loss of USD103.6 million for 2024, reversing from a USD16.6 million profit in 2023. Annual revenue
