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
Platinum Love Bands Launches ‘SeaItwithPlatinum’
Mumbai: The month of love calls for a celebration that is as rare and meaningful as the bond it honours. This Valentine’s Day, Platinum Love Bands by PGI India unveils its ‘SealItWithPlatinum‘ campaign, capturing the essence of love that is rare, precious, and everlasting—just like platinum. The campaign beautifully captures the journey of modern relationships—where love is a choice made every day, built on
‘VAIRAM’ Charts Course for India’s LGD Supremacy
Chennai: The Vajra Industry Research & Academic Meet (VAIRAM) Workshop 2025, held on 10th February at the Indian Institute of Technology (IIT) Madras Research Park in Chennai, emerged as a landmark event in the lab-grown diamond (LGD) sector in India. Organized by India Centre for Lab Grown Diamond (InCent-LGD) at IIT Madras in association with GJEPC, the VAIRAM workshop provided
GJC Requests a Reduction in GST to 1.25%
Mumbai: All India Gem & Jewellery Domestic Council (GJC), the premier body for jewellers, has urged the government to rationalize the Goods and Services Tax (GST) on bullion and precious ornaments, reducing it to 1.25% from the current 3% to ease the burden on consumers and boost sales. GJC appreciates Finance Minister Smt. Nirmala Sitharaman while urging the GST council
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
Cautious Optimism at Close of 2021 KP Plenary
Moscow: The World Diamond Counci (WDC) President Mr. Edward Asscher struck a positive tone in a statement made at end of the Closing Session of the 2021 Kimberley Process (KP) Plenary on November 12, noting that he was encouraged by the KP’s constructive discussions and its welcoming of a Declaration on Supporting Principles for Responsible Diamond Sourcing as Best Practices.
Zimbabwe is the Next Leader of KP
Moscow: The Kimberley Process (KP) has elected Zimbabwe as the organization’s future leader — and the Civil Society Coalition has said it’s OK with that. The country, which has faced criticism for alleged human-rights abuses at mines, will take over as vice chair next year, the KP announced in a communiqué following last week’s annual plenary. In accordance with the
Digital Gold may Come under Regulatory Ambit
Mumbai: The finance ministry of India, the Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI) are working to bring digital gold, along with crypto assets, under some regulatory oversight, as concerns mount over the unchecked growth in such investments without investor protections that apply to regulated securities. The government plans to address the issues
Baselworld Cancels 2022 Show
The show last took place in 2019, has been hit by the wholesale departure of high-profile names exhibitors, the launch of a rival event by Rolex, Patek Philippe, and others, and Covid-related postponements and cancelations. The show, which dates back to 1917 has also flip-flopped on its identity, ditching the Baselword name in favor of HourUniverse, then switching back to
