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
Candere Signs Shah Rukh Khan as Brand Ambassador
Mumbai: Candere, the lifestyle jewellery brand from the House of Kalyan, has appointed Shah Rukh Khan as its brand ambassador, marking a pivotal moment in its national expansion strategy. This partnership underscores Candere’s commitment to redefining jewellery for a new customer category – celebrating individuality, meaningful gifting, and everyday self-expression. With his global appeal and timeless charm, Shah Rukh Khan
Gemfields Announced $30 Mln. Rights Issue
London: Gemfields Group Limited, a company incorporated in Guernsey and listed on the Johannesburg Stock Exchange (JSE:GML) and AIM (AIM:GEM), has announced the launch of a fully underwritten Rights Issue to raise approximately $30 million. The Rights Issue will offer 10 new shares for every 21 existing shares at a price of 4.22 pence or ZAR1.06860 per new share. The
KP Progresses in Expanding Conflict Definition
Dubai: World Diamond Council (WDC) has welcomed the meaningful progress made towards expanding the Kimberley Process (KP) definition of conflict diamonds, after a successful week of open and productive dialogue at the 2025 Intersessional in Dubai. The meeting, hosted by the UAE and current KP Chair Ahmed Bin Sulayem, marked a significant breakthrough in seeking to expand the definition of
GJC Urges Ban on G&J Trade with Tuekey, Azerbaijan
Mumbai: All India Gem and Jewellery Domestic Council (GJC), the apex body representing India’s domestic gem and jewellery industry, announced its unwavering support for ‘Operation Sindoor’ and in alignment with national interest urges the India’s gems & jewellery industry to cease business transactions with Turkey and Azerbaijan. This decisive action follows Turkey’s public support for Pakistan in the aftermath of
WFDB Presidents’ Meeting 2025 on June 10-11
Antwerp: The World Federation of Diamond Bourses (WFDB) has announced that its next Presidents’ Meeting will be held on June 10-11 in New York City, hosted by the Diamond Dealers Club (DDC) of New York. The annual Presidents’ Meeting is an important international event, convening senior representatives of the 27 member bourses and major players from throughout the diamond pipeline.
G&J Industry Welcomes the Union Budget
Mumbai: India’s Finance Minister Ms. Nirmala Sitharaman presented the Union Budget for the year 2025-26 in Lok Sabha yesterday which was wholeheartedly welcomed by the Gems & Jewellery industry of the country. Here are the feedbacks received by some industry leaders: Mr. Vipul Shah, Chairman of GJEPC: “Union Budget puts India in the growth path to Viksit Bharat. The Budget
Kirit Bhansali Presses Challenges Facing NDs
Doha: Mr. Kirit Bhansali, Vice Chairman, GJEPC, delivered a keynote speech at the inaugural session of the Doha International Diamond & Gem Conference, addressing industry leaders and stakeholders. He outlined the pressing challenges facing the natural diamonds (NDs) industry and proposed strategic solutions to ensure its sustainable growth. Highlighting key global concerns, Mr. Bhansali noted:• Declining demand in China, a
Trading of LGDs through Augmont’s Spot Platform
Mumbai: Augmont, India’s largest gold trading platform announced that it has added Lab Grown Diamonds (LGD) to its existing online SPOT trading platform for precious metals catering to more than 5,000 jewellers across the country. The enhanced SPOT 2.0 platform brings Augmont’s 17 years of precious metals trading expertise to the growing LGD sector. This addition represents an evolution of diamond trading infrastructure,
