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
AWDC Welcomes Postponement of Mandatory Traceability
Antwerp: Antwerp World Diamond Centre (AWDC), the industry organization representing the interests of Belgian diamond companies, has welcomed the provisions of the 16th sanctions package against Russia, announced recently by the G7. AWDC considers the postponement of the deadline for the mandatory implementation of a traceability mechanism for diamonds to January 1, 2026, an important signal, as it grants diamond
Argyle Pink Diamonds Partners with West Australian Ballet
Mumbai: Argyle Pink Diamonds has forged a collaboration with the West Australian Ballet, Australia’s oldest ballet company, to establish the Rare Gem partnership. This initiative will fund a 12-month scholarship within the prestigious Young Artists Program, providing emerging ballet dancers with invaluable stage experience, mentorship, and preparation for a professional career. Lauren Major, Executive Director of West Australian Ballet, expressed
Gemfields Held Auction of Unsold High Quality Emeralds
London: Gemfields has generated $4.8-million in revenue from a mini auction, held from February 19 to 21, of previously unsold higher-quality emeralds. The Gemstone miner says 10 of the 13 lots on offer were sold, with 45 864 ct sold out of the 59 192 ct on offer. An average sales price of $105.49/ct was achieved. Gemfields product and sales MD Adrian Banks said
India Takes Centre Stage as Partner at INHORGENTA
Munich: India proudly takes centre stage as the role of official partner country at INHORGENTA 2025, marking a pivotal moment in the global gem and jewellery industry. The show, INHORGENTA 2025, was inaugurated at the India Pavilion recently by Mr. Shatrughna Sinha, IFS, Consul General of India, Munich; Mr. Kirit Bhansali, Chairman, GJEPC; Mr. Stefan Rummel, CEO of Messe München;
AGL Celebrates Five Years under New Management
New York, 15th April: American Gemological Laboratories (AGL), a provider of high-quality gemstone analysis and reporting is celebrating its five-year anniversary under the stewardship of Christopher P. Smith. “Five years ago, AGL was re-privatized during one of the most difficult periods the US and world financial markets have experienced in recent decades. AGL, however, had a good reputation and we did
Gold Smuggling Arrests Jump 750% YoY in India
Mumbai, 14th April: While cases of gold smuggling in India have jumped 265% from 40 in 2012-13 to 146 in 2013-14, the number of people arrested has shot up by 750%, from 30 in 2012-13 to 255 in 2013-14, data from the Directorate of Revenue Intelligence shows, according to a report published in Mineweb. “Gold imports through the legal channel have
