We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
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RBI Increases Gold Loan Availability
Mumbai: The Reserve Bank of India (RBI) has eased rules for gold loans. Those who are seeking loan against gold can now get up to 85% of the gold value as a loan, up from 75%. This new Loan-to-Value (LTV) cap applies to total loan amounts up to ₹2.5 lakh, including interest. For example, if your gold is worth ₹1
De Beers Launches ‘Ombré Desert Diamonds’ Jewellery Beacon
Las Vegas: De Beers Group yesterday unveiled compelling new downstream propositions focused on driving desire for natural diamonds as a category and on differentiating polished diamonds sourced from De Beers Group, according to a press release published on the Group’s website. At the annual JCK Las Vegas Show – the largest jewellery event in the global calendar – De Beers
SAJEX ’25:Where the World of Luxury Jewellery Unites
Jeddah: SAJEX 2025 is the definitive B2B jewellery exhibition, bringing together the finest jewellers, designers, manufacturers, and industry leaders from around the world. As the premier trade platform in Saudi Arabia, SAJEX 2025 serves as a gateway to the thriving Middle Eastern jewellery market, fostering business opportunities, innovation, and global collaborations. Explore Sajex- 2025, the world gem and jewellery fair
RBI Cuts Repo Rate by 50 BPS
Mumbai: The Reserve Bank of India (RBI) today announced its second bi-monthly monetary policy of FY26. The RBI Governor Mr. Sanjay Malhotra-led Monetary Policy Committee (MPC) decided to cut the repo rate by 50 basis points (bps) to 5.50% from 6.00% earlier. This is RBI’s third consecutive repo rate cut. The MPC also decided to change the policy stance to
Joyalukkas Hosts Solitaire Show with Forevermark
Mumbai: De Beers Forevermark, the world’s leading and trusted diamond jewellery brand, will showcase a collection of over 1000 diamond solitaires at 21 Joyalukkas stores across the country. These exquisite solitaires will be on display till July 2nd, 2022. De Beers Forevermark’s diamonds are the world’s most methodically selected diamonds and Joyalukkas are known for their transparency, trust and quality.
GJEPC Organized 3rd Member Outreach Program
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) organised its 3rd Member Outreach program and initiated Discussions on the Way-Forward in Mumbai on 22nd June. This was organised in association with World Gold Council and supported by Jewellers Youth Forum. The exclusive program aimed to create awareness among industry members about the Council’s many initiatives to facilitate business and
WDC Warns KP against Risking a Two-Tier Market
Kasane: Highlighting the proven ability of natural diamond resources to serve as a driver for the development of sustainable economies and societies, World Diamond Council (WDC) President Edward Asscher warned that this potential is threatened if the Kimberley Process (KP) doesn’t evolve to address the challenges of today. He was speaking during the opening day of the KP Intersessional, which
De Beers Diamond Sales Up by 7.6% in 5th Cycle
Gaborone: The De Beers has announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for its fifth sales cycle of 2022, amounting to $650 million, which is 7.6% higher compared with $604 million earned in the fourth sales cycle. Owing to the restrictions on the movement of people and products in various jurisdictions around the globe, De
