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 Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Top News
GIA Appoints Pritesh Patel as President & CEO
Mumbai: The Board of Governors of the Gemological Institute of America, Inc. (GIA) has named Pritesh Patel, currently GIA’s Chief Operating Officer, as the Institute’s President and Chief Executive Officer, effective August 4, 2025, according to a press release. Mr. Patel succeeds Susan M. Jacques, GIA’s President and CEO since 2014, who will continue at GIA as a strategic advisor
Stage is Set for Platinum BSM in Kochi
Mumbai: All roads now lead to the Platinum Guild International (PGI) – India’s 8th annual flagship event, the Platinum Buyer-Seller Meet (BSM). Scheduled to take place on June26th and 27th, 2025, in Kochi, this marquee industry event will bring together leading retail and manufacturing partners across India’s platinum jewellery industry to showcase innovation, foster strategic partnerships, and drive category growth in a dynamic
Endiama, Sodiam Join Natural Diamond Council
Mumbai: Angola’s two leading state-owned diamond institutions, ENDIAMA E.P. and SODIAM E.P., have formally announced their joint commitment to generic category marketing by joining the Natural Diamond Council (NDC) as contributing members, effective July 1, 2025. As the third-largest global producer of natural diamonds and one of the most promising in terms of future deposit discoveries, Angola continues to strengthen
GJEPC Champions Diamond Sustainability at Russia Forum
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) made a strong statement on diamond sustainability and global collaboration at the 28th St. Petersburg International Economic Forum (SPIEF) held in Russia on 19 June. Representing India at the forum were Mr. Kirit Bhansali, Chairman, GJEPC; and Mr. Ajesh Mehta, Convener, Diamond Panel, GJEPC. The GJEPC delegation also met Mr. Pavel
SSEF Conducts Analysis of Cobalt-Blue Spinel
Basel: For several months already a supply of blue cobalt-bearing spinel has been appearing in the gem trade, including some stones of remarkable size –up to 40 carats – and quality. According to information from reliable sources, the source of the new find is a deposit located about 20 kilometres south-east of Mahenge, Tanzania, which for more than 20 years
First CFC for Jewellery Inaugurated in Rajkot
Ahmedabad: Chief Minister of Gujarat Mr. Bhupendrabhai Patel, along with Mr. Dinesh Navadia, Regional Chairman, Gujarat, GJEPC inaugurated the first Common Facility Centre (CFC) for Jewellery in Rajkot on 13th May. The CFC is set up by the Gem & Jewellery Export Promotion Council (GJEPC) with the support of Ministry of Commerce and Industry. The objective of CFC is to
Diamond Prices Rising due to Sanctions against Alrosa
Mumbai: Diamond prices are on the rise as sanctions on one of the world’s two mining giants spread throughout the supply chain. In the past, the industry could turn to giant De Beers to get extra gems when supply was tight, but not this time. According to Bloomberg, citing sources, the price of a small rough diamond has jumped by
China to Hold LGD Ind. Development Congress
Beijing: Panyu, an urban district of the prefecture-level city of Guangzhou in China will welcome the First China International Laboratory-Grown Diamond Industry Development and Innovation Congress (LGD-IDIC) to be held on May 18-19, 2022. The Congress is organized by the Guangzhou Diamond Exchange (GZDE) and will be focused on sustainability, new opportunities, and building an ecosystem for the laboratory-grown diamond
