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
Surging Gold ETFs Fuel Q1 Demand
Mumbai: The World Gold Council’s (WGC) Q1 2025 Gold Demand Trends report reveals total quarterly gold demand (including OTC ) was 1,206t, a 1% increase year-on-year, in a record high price environment, in which gold surpassed US$3,000/oz. The gold ETF revival fuelled a more-than doubling of total investment demand to 552t, a 170% year-on-year increase and the highest since Q1
Gemfields Announced Results of Latest Auction
Bangkok: Gemfields announced its latest rough ruby auction, which took place April 21-25 in Bangkok, Thailand, brought in $7.2 million. At the sale, 73 percent of the 250,004 carats on offer sold, and the average price per carat was $39.47. The auction was held in Bangkok this month and saw Mozambican rough rubies from Montepuez Ruby Mining (MRM) go
Celebrate Akshay Tritiya with Platinum Jewellery
Mumbai: Celebrated as one of the most auspicious occasions in Hindu culture, Akshay Tritiya marks a day of new beginnings, prosperity, and good fortune. It symbolizes the onset of new endeavours, prosperity and unending blessings. This year, the festival will be celebrated on 30th April 2025. As the celebrations around Akshay Tritiya evolve, the significance of purchasing ‘true white’ continues
BDB Holds Condolence Meet in Memory of Kavinbahi Chimanlal Parikh
Mumbai: Bharat Diamond Bourse (BDB) held a solemn and heartfelt condolence meet to pay tribute to its esteemed founding member, Shri Kavinbhai Chimanlal Parikh, who passed away recently. The gathering, attended by prominent members of the diamond trade, industry veterans, and BDB office-bearers, reflected on Shri Parikh’s extraordinary contributions to the Indian diamond industry and his pivotal role in the
Global Jewellery Industry Meets at IIJS Bharat Premiere 2026
Mumbai: Over 2,700+ international visitors from 80+ countries & 50,000+ trade visitors are set to converge in Mumbai for the most anticipated gathering of the global jewellery industry. Among them is Suzan Von Zahn of SVZ Jewellery, South Africa, who shares her excitement about attending IIJS Bharat Premiere 2026 and exploring the exceptional craftsmanship and business opportunities the show has
A Golden Milestone in India–Oman Trade Relations
Kolkata: Marking a significant step in strengthening bilateral trade ties, the first gold jewellery export shipment from Kolkata to Oman was successfully dispatched under the India–Oman CEPA framework. India’s gems & jewellery exports to Oman currently stand at -USD 35 million, including ~USD 10 million in gold jewellery. Exports could reach nearly USD 150 million over the next three years.
De Beers Shares Latest Research on US Consumer Trends
London: Natural diamonds are the most desired luxury jewellery product, average purchase prices have increased 25%, Gen Z is now the second largest generation buying diamonds, and non-bridal occasions account for three-quarters of overall US demand. These are some of the key findings of De Beers Group’s latest US Diamond Acquisition Study, featuring responses from 18,500 women aged 18 –
FTAs Offer Immense Export Opportunity for Indian Jewellery
Jaipur: The Department of Commerce, Ministry of Commerce & Industry, Government of India recently organized a focused outreach programme on “Leveraging FTAs for the Gems & Jewellery (G&J) Sector” in Jaipur, in partnership with the Gems & Jewellery Export Promotion Council (GJEPC). Exporters, manufacturers, MSMEs and other industry stakeholders participated in the programme. The workshop is part of the Government’s
