We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Top News
Registrations for CIBJO Congress 2025 Open
Milan: Registrations for the 2025 congress of the World Jewellery Confederation (CIBJO) have opened now. Delegates and other participants may register for the congress via a dedicated congress website located at: www.cibjo.org/congress-2025/. The three-day event will take place from Monday, October 27, through Wednesday, October 29, 2025. The 2025 CIBJO Congress will mark the start of the World Jewellery Confederation’s Centenary
IIJS Premiere 2024 Wins Excellence Award
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) recently announced that the India International Jewellery Show (IIJS) Premiere 2024 has been awarded the coveted “Top Source from India Show” honour at the Exhibition Excellence Awards 2025 — for the second year in a row. The award was received by Mr. Shamal Pote, Director – National Exhibitions, GJEPC, in recognition
A Welcome Relief for Indian G&J Exporters
Mumbai: A recent U.S. federal court ruling has provided significant relief to Indian jewellery exporters by blocking the implementation of the Trump administration’s proposed “Liberation Day” tariffs. These tariffs included a 26% duty on Indian gems and jewellery exports to the U.S., which posed a substantial threat to India’s $10 billion annual jewellery trade with the United States. Key Developments:
Platinum Love Bands Launches New Campaign
Mumbai: Platinum Guild International’s (PGI) Platinum Love Bands has unveiled its latest seasonal campaign: “Seal It with Platinum” With an estimated 10 million weddings taking place each year in India, the campaign taps into the deep emotional clarity and personal meaning modern, Indian couples seek when choosing symbols of commitment. Crafted as an occasion-first initiative, the campaign draws from the
5 Carat Synthetic Diamond Produced
Moscow: Russian lab-grown diamond manufacturer New Diamond Technology says it has grown a 5.11 ct. K SI diamond, which it bills as the largest man-made polished near-colorless stone ever produced. The manufacturer says the unenhanced radiant-cut type IIa diamond, produced by the high-pressure high-temperature (HPHT) method, bears a K SI grade but it has not yet been sent to a
De Beers to Spend $3bn on Diamond Operations
Gaborone: The De Beers Group is set to invest around $3billion over the next 10 years on its diamond mining operations. Fin24 reports that the bulk of the investment would be spend on its key South African mine, Venetia in Limpopo where the underground mine was expected to extend its life beyond 2040. Venetia produced 3.2 million carats in the
SRK is now a ‘Premier Trading House’
New Delhi: Indian company Shree Ramkrishna Exports Pvt.Ltd (SRK), which exported 348,000 carats of polished diamonds in the financial year 2014, has been recognized as a ‘Premier Trading House’ – the highest recognition given to an Export House by the Indian government. SRK, which exports to more than 40 countries worldwide, has been given the status based on the total
De Beers Says Diamond Prices to Recover in Q2
Gaborone: De Beers said that diamond prices, which had been weak since the fourth quarter of last year, will recover from the second quarter of the year. Group chief executive Philippe Mellier was quoted by BusinessDay as saying that rough diamond prices leaped 7 percent last year. He, however, could not make any projections for 2015. “I definitely see some
