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
Zen Diamond Opens New Store at Borivali
Mumbai: Zen Diamond, a globally renowned fine jewellery brand with a presence in over 400 stores worldwide, is strengthening its footprint in India with the launch of its second store in Mumbai. Following the successful debut of its flagship store in Bandra, Zen Diamond is now bringing its exquisite craftsmanship to Borivali (Mumbai) with a new store at Sky City Mall. Spanning across
7th Platinum Season of Love from 25th April
Mumbai: Platinum Guild International (PGI), India has announced the return of its iconic retail programme, the seventh edition of Platinum Season of Love, set to unfold from 25th April to 31st May 2025. As a strategic anchor in PGI India’s annual calendar, this retail initiative continues to play a pivotal role in catalyzing both consumer demand and retailer engagement for
BDB Hosts Ministerial Delegation
Mumbai: Bharat Diamond Bourse (BDB) hosted two prominent dignitaries Mr. C.R. Patil, Union minister of Jalshakti and Mr. Harsh Sanghvi, Minister of Home, Industries, Transport, Youth & Sports, Government of Gujarat for a tour of BDB which is one of the largest functional Diamond Exchanges in the world. Mr. Kirit Bhansali, Chairman, GJEPC, Mr. Anoop Mehta, President BDB, Mr. Mehul
GJEPC Briefs PMO on US Tariff Impact
New Delhi: India’s gem and jewellery sector has formally presented its key demands to the Government of India, urging for relief from US tariffs amid escalating trade tensions. GJEPC’s industry representation to the GoI encapsulates key areas requiring immediate attention under the proposed Bilateral Trade Agreement (BTA). A high-level delegation, led by Mr. Kirit Bhansali, Chairman, GJEPC, met Principal Secretary
TanzaniteOne Q3 Output Dips
Dar Es Salaam: Richland’s partly-owned TanzaniteOne Mining Limited (TML) said it produced 622,551 carats of tanzanite during the third quarter of 2014 down from 810,347 carats recorded a year earlier. The company said in a statement that it achieved an average grade of 110 carats per tonne up from 108 carats realised during the second quarter of 2013. It said
Gemfields Uncovers 40.23-Ct Ruby
Maputo: Gemstone miner Gemfields has discovered a 40.23-carat ruby Mozambique that the firm says it believes to be one of the most important rubies unearthed in recent times. “The gemstone will set a new benchmark for the quality of African rubies and endorses the Montepuez deposit in Mozambique as the world’s most significant deposit presently in development,” the company said
EGL USA Launching Diamond Trading Service
New York: Stung by RapNet’s decision to ban all EGL labs from its network, EGL USA is launching a rival online trading platform. The network, still in the testing phase, will list “stones from EGL USA as well as other top-tier well-respected labs,” says a spokeswoman. A statement said that the free-of-charge platform is meant for lab clients “displaced by
Now Diamonds from Peanut Butter!
London: While man-made diamonds are becoming increasingly popular, it’s hard to believe a German geologist has found the way to create the coveted gems out of peanut butter. However Dan Frost — a geologist from the Bayerisches Geoinstitut— was able to replicate extreme conditions found in the Earth’s surface, becoming one of the first cases reported where the tasty spread
