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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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,
Sky Gold Ltd. Strengthens its Market Presence
Mumbai: Sky Gold Ltd. has announced significant milestones that underscore its commitment to innovation, client partnerships, and market expansion. Sky Gold has successfully onboarded Aditya Birla Jewellery, operating under the brand name Indriya. Launched by the Aditya Birla Group in July 2024, Indriya stands as a luxury jewellery brand that intricately blends traditional Indian craftsmanship with contemporary design. With ambitions to become one of the top jewellery retailers in India within the next five years, this collaboration marks a major step for Sky Gold Ltd. in aligning with
SA Platinum Producers to Launch Promotion Body
Johannesburg: South African platinum producers are planning to launch an industry body to promote investment demand for the precious metal in the coming months aimed at boosting sales in the face of falling prices, industry and banking sources said. The new body, to be called the World Platinum Investment Council, is likely to be based in London or Johannesburg, the
Angola Tips Zimbabwe for KP Chair
Harare: Angola said when presented with an opportunity to chair the Kimberley Process (KP), Zimbabwe should make a bid, as the African continent will support it as a candidate. The global diamond trade watchdog was established in 2003 in Kimberley, South Africa to stem the illicit trading of gems. Member countries chair the organization on a rotational basis for a
WDC Presi Advices KP Plenary
Guangzhou: “We should always remember that millions of people are depending on the well-being of the diamond industry for their livelihoods. From the miners and their families in the producing countries, through to the polishing and trading centers, the jewelry manufacturers and the retailers, we all need to face the future and contribute together to make the diamond world a
India’s Jewellery Exports Jump 22% in Apr-Sept
Mumbai: Exports of gold jewellery, coins and medallions rose by 22 per cent to Rs 33,594 crore in the first half of this fiscal mainly due to RBI’s 80:20 scheme. Under the 80:20 scheme, the Reserve Bank, in August last year, had allowed nominated agencies to import gold on the condition that 20 per cent of the import would be
