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
Milan Chokshi is New Chairman of GJSCI
Mumbai: Gem & Jewellery Skill Council of India (GJSCI) has announced the election of Mr. Milan Chokshi as its new Chairman. The decision was made at a Board of Directors meeting held on 15th October, 2024. Chokshi, a prominent figure in the gem and jewellery industry, succeeds Shri. Adil Kotwal, whose tenure was marked by significant contributions to the Council. Under
Botswana and G7 Announce G7 Verification Point
Antwerp: The Diamond Technical Team of the G7 and Botswana announced in a joint statement that an Export Verification Point for rough diamonds would be established in Botswana. For the development of this G7 verification point, Botswana will receive support and expertise from the Antwerp World Diamond Centre (AWDC), which has been operating as a G7 verification and certification hub
Forevermark’s Minimalist Bridal Jewellery
Mumbai: As the celebratory wedding season takes off, Forevermark presents a sophisticated range of jewellery for the modern bride, blending timeless elegance with versatility. The Millemoi, Avaanti, Icon and Forevermark Setting collections are thoughtfully designed for the contemporary bride, effortlessly transitioning from wedding celebrations to everyday moments. These versatile pieces are ideal for every milestone, from bachelorette parties and pre-wedding shoots to haldi, sangeet, and
Smriti Irani Commends Indian Women Exporters
Dubai: Mrs. Smriti Zubin Irani, India’s Former Union Minister, visited the India Jewellery Exposition Centre (IJEX) in Dubai recently, where she engaged with women exporters from India and women jewellery professionals based in Dubai. Her visit highlighted the remarkable contributions of women in the jewellery industry and the pivotal role of IJEX, an initiative of GJEPC, in boosting exports and
Platinum EVARA’s Exquisite Jewellery
Mumbai: This monsoon, let the rhythm of the rain inspire your style. Platinum Evara’s exquisite jewellery, crafted from pure platinum, brings a subtle yet striking charm to every rainy day, infusing your look with effortless glamour. Our collection, made from 95% pure platinum, epitomizes understated sophistication. With its natural white sheen and meticulous craftsmanship, these pieces are essential for your
Direct Export Import is now Possible from SDB
Surat: The Central Board of Indirect Taxes & Customs (CBIC) has approved the setting up of a customs house at the Surat Diamond Bourse (SDB). According to a statement issued by SDB, all necessary formalities were finalized on Tuesday. The customs house, occupying an area of 40,000 square feet, is now ready for use at SDB. Direct export and import from Surat Diamond Bourse
Q2 Gold Demand Hits Record High: WGC
Mumbai: The World Gold Council’s (WGC) Q2 2024 Gold Demand Trends report reveals that total global gold demand increased 4% year-on-year to 1,258t, marking the strongest Q2 in our data series. Total demand was supported by healthy over-the-counter (OTC) transactions, up a notable 53% year-on-year at 329t. Increased OTC demand, continued buying from central banks, and a slowdown in ETF
De Beers’ Rough Sales Down by 20% in H1
Mumbai: Diamond mining giant De Beers announced its financial results for the first half of 2024, revealing a challenging operating environment marked by softening demand and increased competition from lab-grown diamonds (LGDs). The company reported a 21% decline in total revenue to $2.2 billion compared to $2.8 billion in the same period last year. Rough diamond sales also fell 20%
