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
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
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
