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
HK to Build an International Gold Trading Market
Hong Kong: The Chief Executive of Hong Kong Special Administrative Region (SAR) John Lee Ka-chiu has announced the establishment of an international gold trading market in the SAR, reports rough-polished.expert/en/ As he noted in his policy address, Hong Kong is one of the world’s largest gold import and export markets by volume. According to John Lee, the city’s security and
Consolidated Mining Standard Initiative Launches 1st Public Consultation
London: The Copper Mark, Mining Association of Canada, ICMM and World Gold Council (WGC) – Partners of the Consolidated Mining Standard Initiative (CMSI) – have published a draft consolidated standard, governance model, assurance process and related reporting and claims policy, and encourage stakeholders to provide their views during a 60-day public consultation. The vision for the Initiative is for a sustainable
De Beers “to Cut Sightholder Numbers”
Gaborone: De Beers is reportedly planning to further cut the number of sightholders. The UK-based has steadily reduced the number from an historic peak of 350 to a current total of just over 60, reports the idexonline.com. That number is to be further reduced, as of January 2026, according to a letter sent by De Beers last month. “Sightholder selection
BDB Prepares Ind. Members for Sustainable Future
Mumbai: India’s Bharat Diamond Bourse (BDB) had organized a seminar to address Industry members, titled, “Polishing Our Future” on 11th October 2024 at BDB Convention Hall, Mumbai. Inviting world renowned speakers like Paul Zimnisky, Diamond analyst and expert, Tawhid Abdullah, CEO Jawhara Jewellery Group, Amit Pratihari, Managing Director, India, De Beers, Ananthanarayanan Hariharan, Head Retail and Merchandising, Novel Jewels, Aditya
How Many Years will the Diamonds Reserves Last?
Mumbai: Global economically viable diamond reserves are estimated at about 1.8 billion carats. At the current annual production level of roughly 90 million carats, these reserves are expected to sustain the market for around 20 years. The estimate was shared by Sergey Takhiev, Head of Corporate Finance and Investor Relations at Alrosa. More than half of the world’s diamond reserves
Oman Abolishes Import Duty on Indian Jewellery
Mumbai: The India–Oman Comprehensive Economic Partnership Agreement (CEPA), which abolishes customs duty on imports of gems and jewellery in Oman from India, is expected to significantly boost India’s exports to Oman and strengthen direct trade linkages between the two countries, according to the Gem & Jewellery Export Promotion Council (GJEPC). India’s gem and jewellery exports to Oman currently stand at
BDB Honoured with Excellence in Surveillance Award
Mumbai: Bharat Diamond Bourse (BDB), the world’s largest diamond trading hub, has been awarded the Excellence in Surveillance Award at the prestigious IFSEC India Awards 2025, in recognition of its outstanding leadership in security management and advanced surveillance practices. The IFSEC India Awards are among the most respected recognitions in the security and safety industry, celebrating organizations that demonstrate innovation,
Comprehensive Discussion on Govt. G&J Policy
Mumbai: Bharat Diamond Bourse (BDB), in association with the Gem & Jewellery Export Promotion Council (GJEPC), organized an exclusive awareness and outreach session on the Maharashtra Gems & Jewellery (G&J) Policy 2025. The event featured an engaging and insightful interaction with Mr. Deependra Singh Kushwah (IAS), Development Commissioner (Industries), Government of Maharashtra whose forward-looking perspective offered industry stakeholders a comprehensive
