We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
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Israel’s Diamond Industry Under Severe Pressure
Mumbai: Israel’s once-prominent diamond industry is facing one of the most difficult periods in its history, with veteran traders reportedly leaving the business and searching for alternative livelihoods. A recent report by Ynetnews has highlighted the depth of the crisis at the Israel Diamond Exchange in Ramat Gan, traditionally one of the world’s important diamond trading centres. According to veteran
‘Advanced Leadership Programme in Gold Entrepreneurship’
Mumbai: The Indian Association for Gold Excellence and Standards (IAGES), announced the launch of the Advanced Leadership Programme in Gold Entrepreneurship, developed jointly with SPJIMR (Bharatiya Vidya Bhavan’s S. P. Jain Institute of Management & Research). The six-month executive programme is designed to build a new generation of professionally trained leaders for India’s gold and jewellery industry, combining SPJIMR’s academic
Did Natural Diamond Ind. Misjudge LGD Threat?
The natural diamond industry is finally confronting a question it perhaps should have asked much earlier: Did it underestimate the speed, scale and nature of the laboratory-grown diamond (LGD) revolution? For years, laboratory-grown diamonds (LGDs) were treated by much of the natural diamond industry as a niche product—an inexpensive alternative with limited appeal to serious jewellery consumers. The assumption was
India’s G&J Exports Rise 2.44% in April–July 2026
Mumbai: India’s gross gems and jewellery (G&J) exports for the April–July 2026 period stood at US$ 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.
“HRD Antwerp Certified" Flagship Store in Paris
Paris: In the presence of the Belgian Ambassador in France, H.E. Vincent Mertens de Wilmars and Peter Macken, CEO HRD Antwerp, HRD Antwerp’s first flagship store was inaugurated on 23 June 2016 in Paris. An exclusive partnership between HRD Antwerp, Europe’s leading authority in diamond certification and selected retailers. The “flagship” designation is liberally applied to stores in prestigious locations,
Poor Pay in India’s Gem Trade: ASSOCHAM
New Delhi: Salaries in India’s gem and jewellery sector are half of those in other industries, according to a report that highlights a labor shortage driven by rock-bottom pay and dangerous working conditions. Workers in the industry earn an average of $3,740 (INR 252,000) per year, according to a study by the Associated Chambers of Commerce & Industry of India
New Technic to Produce Artificial Diamonds
Moscow: Experts of the Institute of Solid State Chemistry and Mechanochemistry (ISSCM) of the Siberian Branch of the Russian Academy of Sciences (SB RAS) have developed a technique to produce artificial diamonds, which permits to make them a thousand times faster, much faster than the methods used today. The news was broken to reporters by Boris Tolochko, Senior Research Fellow,
Rough Prices Declining: ABN AMRO
Amsterdam: Rough diamond prices are likely to fall because of sluggish consumer demand for jewelry, according to a report from ABN AMRO. A surge in the Composite Rough Diamond Index so far this year is not sustainable and may have been motivated by traders’ opportunistic behavior, Georgette Boele, the bank’s coordinator of FX and precious metals strategy, said in a
