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
Did Natural Diamond Ind. Misjudge LGD Threat?
The natural diamond industry is finally confronting a question it perhaps should have asked much earlier: Did it underestimate the speed, scale and nature of the laboratory-grown diamond (LGD) revolution? For years, laboratory-grown diamonds (LGDs) were treated by much of the natural diamond industry as a niche product—an inexpensive alternative with limited appeal to serious jewellery consumers. The assumption was
India’s G&J Exports Rise 2.44% in April–July 2026
Mumbai: India’s gross gems and jewellery (G&J) exports for the April–July 2026 period stood at US$ 9.17 billion (Rs. 87,078.01 crore), registering 2.44% growth in US Dollar terms and 13.58% growth in Rupee terms over the corresponding period last year, according to figures provided by Gem & Jewellery Export Promotion Council (GJEPC). The growth has been led by value-added segments.
Russia Plans Europe’s Largest Diamond Cutting Cluster
Moscow: Russia is planning to create the largest cluster of diamond-cutting facilities in Europe, in a move aimed at retaining more value from its stones. The cluster will combine Alrosa’s Kristall cutting plant in Smolensk with facilities in the Republic of Sakha (Yakutia), Russia’s main diamond-producing region. President Vladimir Putin formalized the plan in an executive order signed August 6.
Sky Gold & Diamonds Unveils Innovative Designs
Mumbai: Sky Gold & Diamonds showcased its strong focus on innovation and design excellence at IIJS Premiere 2026, unveiling a diverse portfolio of products reflecting evolving consumer preferences and market trends. The showcase was attended by Mr. Rajesh Kalyanaraman, Executive Director, Kalyan Jewellers, and Mr. Ba Ramesh, Joint Managing Director, Thangamayil Jewellery Ltd., along with Sky Gold & Diamonds’ Directors
Zimbabwe Renews Hostility over Diamond Sales
Harare: Zimbabwe is said to have “renewed” its hostility towards Western nations on the sale of the country’s diamonds. VOA Studio 7 reports that Zimbabwe’s Resource Exploitation Watch chairman, Tafadzwa Musarara, and some government insiders had accused the West, at a Kimberley Process intercessional plenary in Angola, of trying to block trade in Zimbabwean diamonds. The West and the human
Rio Tinto Sells Murowa Diamonds
Harare: Rio Tinto has sold its 78-percent stake in the Murowa diamond mine in Zimbabwe, a seeming response to the government’s desire to consolidate its diamond resources. The buyer is RZ Murowa Holdings Ltd., a division of RioZim Ltd., which already holds a 22 percent interest in Murowa Diamonds. Rio also sold a 50 percent stake in the Sengwa project
ADB to Close Remaining Accounts on June 30
Antwerp: The Antwerp World Diamond Centre (AWDC) stated that significant progress has been made in transitioning Antwerp Diamond Bank (ADB) clients to new banking services. In April, the AWDC negotiated a two-month extension for ADB clients to transition out before June 30. With that deadline approaching, the AWDC stated that many of ADB’s clients have secured new banking services; however,
Argyle Pink Diamonds Tender World Preview
Sydney: Rio Tinto’s spectacular Argyle Pink Diamonds Tender has been launched during a world exclusive preview at the Sydney Opera House, with this year’s iconic collection including some of the most vivid pink and red diamonds ever unearthed from the Argyle mine. The 2015 Tender, known as the “Connoisseur’s Collection”, comprises 65 diamonds weighing a total of 44.14 carats, including
