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
India Pavilion Dazzles at Watch & Jewellery Show
Sharjah: The India Pavilion shined bright on the opening day of the Watch and Jewellery Show Middle East 2025 with 12 exhibitors (Badalia Gems Private Limited, Rajesh Gems, Diarah Jewels Private Limited, Sejal Exports (India), N K Jewels, Fine Colour Gems Private Limited, N.J. Gems, Shubham Motiwala & Jewellers Pvt. Ltd, Manoj Ornaments Pvt. Ltd.) The Pavilion is being organized
Botswana President to Headline WFDB Meeting
New York: The World Federation of Diamond Bourses (WFDB) Presidents’ Meeting, June 10–11 in New York, will feature an illustrious list of speakers, led by Botswana President Duma Boko and U.S. Secretary of Commerce Howard Lutnick and including Angolan Minister of Mineral Resources, Petroleum, and Gas Diamantino Azevedo and Botswana Minister of Minerals and Energy Bogolo Kenewendo. The meeting, which
Platinum Love Bands Unveils ‘Wedding Edition’
Mumbai: As the summer wedding season reaches its vibrant peak, Platinum Love Bands unveils ‘The Wedding Edition’, a thoughtfully curated collection of couple bands designed to mark a once-in-a-lifetime love story. Rooted in the insight that real commitment comes from emotional clarity, these platinum bands are more than symbols — they are promises. Crafted in 95% pure platinum – Platinum
Civil Society Questions the “Breakthrough”
Dubai: The Kimberley Process Civil Society Coalition (KP CSC) attended the Kimberley Process (KP) intersessional meeting in Dubai from 12–16 May. Statements made at the close of the meeting declared a breakthrough in the long-standing debate over revising the KP’s notoriously narrow definition of conflict diamonds. From the KP CSC’s perspective, it is unclear where such a breakthrough occurred—unless the
Pangolin Recovers White Macro-Diamond
Gaborone: Pangolin Diamonds has recovered a white macro-diamond weighing 0.005484 carats from a soil sample on its recently acquired Malatswae project prospecting licence PL247/2014, in Botswana. It said in a statement that a field team was now on site collecting follow-up samples on a close-spaced grid to help determine the significance of this discovery. The Malatswae kimberlite project was located
De Beers July Sight Estimated at $775M
Gaborone: The De Beers July sight closed with an estimated value of $775 million. De Beers reportedly raised prices slightly on most goods by 1 percent to 2 percent with sharper hikes in the prices of smaller and lower-quality diamonds. Sightholders noted that De Beers also changed the assortment in its presentation, which partially offset the higher prices of its
RBI Relaxes Ceiling on Loans against Gold
Mumbai: The Reserve Bank of India has relaxed the Rs 1-lakh ceiling on loans for nonagricultural purposes against pledged gold and has left it to individual banks to decide on a lending cap. “Banks, as per their board-approved policy, may decide upon the ceiling with regard to the quantum of loans that may be granted against the pledge of gold
De Beers Announces Model for Rough Allocations
Gaborone: The De Beers Group of Companies yesterday announced its updated model for the allocation of rough diamonds by Global Sightholder Sales (GSS) in respect of the March 2015–March 2018 contractual period. Around 90% of De Beers’ total rough diamond availability by value is sold through GSS. The updated allocations model will involve a new method for determining GSS’s rough
