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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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
Gemfields Showcases 36 Ct. Ruby at June 2025 Auction
London: Gemfields will offer a broader range of secondary-type material at its forthcoming mixed-quality ruby auction in June 2025. The auction will include rubies recovered from a newer section of its Mozambican mine that has not previously been represented at auction in meaningful quantities and with a notable 36-carat ruby forming part of the offering. The gems, from the newer
Arvog Opens First Gold Loan Branch in Chennai
Chennai: Arvog, a smart-tech-enabled diversified finance company that provides financial products and services, particularly focusing on digital lending for personal and gold loans, announced the launch of its first Gold Loan Branch in Chennai, marking a strategic milestone in the company’s expansion into South India. The setting up of the branch will serve as a physical touchpoint for consumers to
Aupulent Jewellery Marks Milestone in Ethical Luxury
Mumbai:: Aupulent Jewellery, India’s lab-grown diamond brand, is redefining modern luxury with a powerful blend of legacy craftsmanship and sustainable innovation. Founded in 2021 by Surya Jain, a 5th-generation jeweller with a 150-year family heritage, the brand has quickly emerged as a frontrunner in the lab-grown diamond sector—championing a future where fine jewellery is both ethical and accessible. From its inception,
Global Diamond Production Goes Down by 23%
Mumbai: Global diamond production plummeted 23% last year to 107.07 million carats as mining companies cut back output amid the Covid-19 pandemic, according to recent data published by the Kimberley Process (KP). By value, diamond production in 2020 plunged 32% to $9.23 billion compared with $13.57 billion recorded in 2019, and averaged $86.25 per carat. Last year, Botswana was the
WHP Jewellers Launches 25th Outlet in Mumbai
Mumbai: The 112-year-old retail jewellery chain Waman Hari Pethe Jewellers launches their 25th Retail Outlet in Kohinoor Square, Dadar West, Mumbai. The brand embarked on its journey in 1909 from Girgaon and has evolved as a synonym to Maharashtrian Jewellery over years and has a strong retail footprint with a presence in Maharashtra, Goa & Indore. The store opened doors on 1st July 2021 in
BIS Mitigates Industry Fears on Hallmarking
Mumbai: Post the implementation of mandatory hallmarking from 16th June 2021, the Indian jewellery industry was seeking clarity on a host of concerns with regard to the new rules of hallmarking. India’s Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem and jewellery trade, organised a webinar on 28th June, with the authority and keynote speaker
Season 2 Finale for CIBJO's Jewellery Industry Voices
Milan: A recently released study by the leading consulting house McKinsey & Company, prepared with the support of Business of Fashion, estimated that the ecommerce jewellery market will double in size between 2019 and 2025, attaining a market share 18 to 21 percent of global fine jewellery sales, or $60 to $80 billion in annual turnover. The industry is at
