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
KP Fully Lifts CAR Diamond Exports Ban
Dubai: The Kimberley Process (KP) Plenary, which took place last week in Dubai, United Arab Emirates (UAE), saw members voting to lift a decade-long ban on rough diamond exports from the Central African Republic (CAR). KP suspended diamond exports from the country in May 2013 after the Seleka fighters seized the capital Bangui in March of the same year, overthrowing
India’s Significant Achievement at KP
Dubai: The delegation, led by Mr. Siddharth Mahajan, Joint Secretary, Ministry of Commerce, Government of India, and consisted Mr. R. Arulanandan, Director and Mr. Sabyasachi Ray Executive Director and team from GJEPC, participated in discussions in order to promote conflict-free rough diamond trade. India’s proactive engagement with the KP process highlights our dedication to upholding ethical sourcing practices, combating conflict
Civil Society Slams KP in Plenary Meeting
Dubai: The Kimberley Process Civil Society Coalition (KPCSC) has criticized the diamond industry’s regulatory body for its lack of meaningful reforms, accusing it of going in circles without real progress. Speaking at the Kimberley Process plenary in Dubai, KPCSC coordinator Jaff Bamenjo expressed frustration over the UN-backed organization entering its second year of another reform cycle while persistent challenges remain
Oct. 2024 Marks Revival in CPD Exports
Mumbai: India’s gem and jewellery exports has made strides in October 2024, marking a turning point with positive growth in multiple product categories, notably cut and polished diamonds, gold Jewellery (plain & studded), and polished lab-grown diamonds. In October 2024, the overall gross exports of gems and jewellery reached USD 2,998.04 million (Rs. 25,194.41 crores), marking a growth of 9.18% in
WGC Launches a Vision for the Next-Generation Gold Market
Mumbai: The World Gold Council (WGC), Linklaters and Hilltop Walk Consulting have unveiled a pioneering vision to transform the global gold market through the introduction of Wholesale Digital Gold—a transformative concept that will enhance how gold is owned, traded, and utilized. In today’s wholesale market, gold trades are settled in two main structures. The first is allocated gold which involves
GJEPC Reinforces India’s Diamond Leadership at ICC Conclave
Kolkata: The Indian Chamber of Commerce (ICC) hosted the Diamond Conclave 2.0, themed “India Shining for the Global Stage,” with GJEPC as co-partner. The conclave, held in Kolkata on 30th August, brought together industry leaders, policymakers, and trade experts to deliberate on the challenges and opportunities shaping the future of India’s gem and jewellery sector. In his address, Sabyasachi Ray, Executive Director,
India Pavilion at Jewellery Show London
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC)-led India Pavilion is hosting Indian Jewellery manufacturers at the Jewellery Show London from 31st August to 1st September at Olympia London . The SELECT exhibitors, including G.C. Gems Corp, Minal Info Jewels, Steckbeck Jewellery Pvt. Ltd, Sejal Exports, Romil Jewellery, Blossom Jewels LLP, Dharam Export (India) Pvt Ltd, Shrinath Roto pack
GDP Growth Reflects Resilience of India’s Economy: Kirit Bhansali
Mumbai: India’s strong services activity has helped GDP growth comfortably beat expectations for the second quarter in a row, rising to an impressive high of 7.8% for April-June 2025. The swift growth in the first quarter of the current financial year further consolidates India’s position as the world’s fastest growing major economy. Currently the world’s fourth-largest economy, India is on
