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
CIBJO Guidelines for Measuring ESG Performance
Milan: One year after its release of a breakthrough guidance document that first outlined environmental, social and governance (ESG) principles for the jewellery industry, the World Jewellery Confederation (CIBJO) has followed up with a set of guidelines for measuring ESG performance in the distribution chain. And while the first document was geared primarily for companies handling laboratory-grown diamonds, the new
Understanding Global Supply of Emerald, Ruby & Sapphire
Mumbai: Gemfields, a leading global miner of coloured gemstones, has released a comprehensive new report titled Understanding the Global Supply of Emerald, Ruby and Sapphire. Key Findings and Objectives: The report sets out three primary objectives: updating data from the previous study, incorporating market analysis of sapphire, and integrating new data sources through collaboration with miners, associations, cooperatives, and consultants.
Global Gold Demand Hits New High in 2024
Mumbai: The World Gold Council’s (WGC) Q4 and Full Year 2024 Gold Demand Trends report reveals that total annual gold demand (including OTC ) hit a new, record high of 4,974t, driven by strong, sustained central bank buying and growth in investment demand. The combination of record high gold prices, and volumes resulted in the highest ever total value of
Jemora Gemhouse’s 1st Auction of Sapphires
Dubai: Jemora Gemhouse confirms its inaugural auction to occur from March 17-19, 2025, at the Dubai Diamond Exchange. This exclusive event will showcase an unparalleled collection of sapphires from some of the world’s most renowned sources, including Kashmir, Madagascar, and Sri Lanka. Key Highlights for Inaugural Auction: Mr. Dev Shetty, Jemora Gemhouse’s Founder and CEO said, “Our inaugural auction will
Renewed Warning to 'Diamond Mixers' in India
Mumbai: In response to messages that have reportedly been circulating on social media about a number of leading Indian diamond companies said to be involved with recent mixing of synthetic and natural diamonds, India’s Gem and Jewellery Export Promotion Council (GJEPC) and the Surat Diamond Association (SDA) issued a joint statement this week warning of legal action against those caught
Mellier Supports Forevermark Brand Strategy
New York: Mr. Philippe Mellier, Chief Executive, De Beers Group, welcomed Forevermark partners during a private cocktail event in New York addressing the challenges and opportunities facing the diamond industry articulated in the 2014 Diamond Insight Report. The address culminated with attention to the strategic reasons behind the emergence of diamond brands and growth of Forevermark. Mr. Mellier said, “It
India Does not Plan New Gold Import Curbs
New Delhi: The government on Wednesday ruled out restoring of curbs on gold import, even as jewellers pressed for cutting Customs duties, reports Business Standard. After a recent spurt for three months, imports slumped in December and in the early days of January. Speaking to reporters after a meeting with representatives of the gems and jewellery sector in New Delhi
GJEPC Submits Pre-Budget Suggestions
New Delhi: Gem & Jewellery Export Promotion Council (GJEPC) Chairman Mr. Vipul Shah presented the pre-Budget wish list of the gem and jewellery export industry to Finance Minsiter Mr. Arun Jaitley at a meeting held in Delhi which was attended by representative trade and industry bodies from different sectors. The issues he raised were generally concerned with procedures of import,
