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
Susan Jacques to Retire from GIA
New York: The Gemological Institute of America (GIA) has announced the planned retirement of its president and CEO, Susan Jacques, at the end of 2025. The institute has begun a global search for a successor. Lisa Locklear, Chair of the GIA Board of Governors, said, “Susan Jacques is an incredible leader for GIA and the global gem and jewellery industry.
India at International Japan Tokyo Show
Tokyo: Mr. Sibi George, H.E. Ambassador of India to Japan visited the recently concluded 36th International Japan Tokyo 2025 show on 16th Jan 2025. He was impressed with India’s Product engineering and craftsmanship showcased at the India Pavilion organized by the GJEPC. He interacted with the exhibitors under the Pavilion and encouraged them. IJT, Japan’s leading jewellery exhibition is being
AWDC Calls on Govt. for Decisive Support
Antwerp: Following the publication of its 2024 trade figures, the Antwerp World Diamond Centre (AWDC), representing the interests of all Belgian diamond companies, is calling on the Belgian government to support the country’s diamond sector. Significant economic factors have plunged the international diamond industry into a deep crisis, impacting Antwerp as well. For the Belgian diamond industry, the G7 ban
Artisan Awards ’25 Final Jury Round Concluded
Mumbai: The 8th edition of the Artisan Jewellery Design Awards, powered by GIA, concluded its final jury round on16th January at the Jio World Convention Centre in Mumbai. Over the course of the day, the distinguished jury panel, comprising Dr. Usha Balakrishnan, Eminent Jewellery Historian; Mr. Jay Sagar, Jewellery Specialist, Astaguru Auction House; Ms. Priya Tanna, President @trscreativeconsulting and Ex-Editor-In-Chief,
Gold-Silver Price-Setting Methods May Change
London: The decades-old methods for determining the daily benchmark prices for gold and silver seem set to change—the result of unwelcome attention from regulators and class-action lawsuits. Currently, the price of both metals is set at a daily teleconference by a number of prominent multinational banks—four in the case of gold, and three in the case of silver. However, the
CIBJO Gives Sustainability Frame for Pearl Sector
Milan: CIBJO President Gaetano Cavalieri has presented an outline for sustainability in the cultured pearl sector, emphasizing that a comprehensive approach must be taken that addresses economic, environmental and social responsibility. He was speaking at the Sustainable Pearls Forum, which took place in Hong Kong on June 21. The cultured pearl industry provides an opportunity to introduce concepts that often
Gold Curb Relaxations on the Way…
New Delhi: The government of India has indicated that there is a need to ease norms for bullion imports to boost supplies and jewellery exports. “There is a need of rationalisation in (gold import) duty and (gold import) procedure….We have already made it clear that there is a need to look at the current gold import regime,” commerce secretary Rajeev
RBI's Credit Limit Troubles Diamond Units
Surat: At least 350 small and medium diamond companies in the world’s biggest diamond cutting and polishing centre in Surat are facing severe financial problems with Indian banks strictly implementing the 90 days credit limit for overseas payment to rough diamond dealers in Antwerp and Dubai for the past four months, reports The Times of India. The Gem and Jewellery
