We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
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‘Advanced Leadership Programme in Gold Entrepreneurship’
Mumbai: The Indian Association for Gold Excellence and Standards (IAGES), announced the launch of the Advanced Leadership Programme in Gold Entrepreneurship, developed jointly with SPJIMR (Bharatiya Vidya Bhavan’s S. P. Jain Institute of Management & Research). The six-month executive programme is designed to build a new generation of professionally trained leaders for India’s gold and jewellery industry, combining SPJIMR’s academic
Did Natural Diamond Ind. Misjudge LGD Threat?
The natural diamond industry is finally confronting a question it perhaps should have asked much earlier: Did it underestimate the speed, scale and nature of the laboratory-grown diamond (LGD) revolution? For years, laboratory-grown diamonds (LGDs) were treated by much of the natural diamond industry as a niche product—an inexpensive alternative with limited appeal to serious jewellery consumers. The assumption was
India’s G&J Exports Rise 2.44% in April–July 2026
Mumbai: India’s gross gems and jewellery (G&J) exports for the April–July 2026 period stood at US$ 9.17 billion (Rs. 87,078.01 crore), registering 2.44% growth in US Dollar terms and 13.58% growth in Rupee terms over the corresponding period last year, according to figures provided by Gem & Jewellery Export Promotion Council (GJEPC). The growth has been led by value-added segments.
Russia Plans Europe’s Largest Diamond Cutting Cluster
Moscow: Russia is planning to create the largest cluster of diamond-cutting facilities in Europe, in a move aimed at retaining more value from its stones. The cluster will combine Alrosa’s Kristall cutting plant in Smolensk with facilities in the Republic of Sakha (Yakutia), Russia’s main diamond-producing region. President Vladimir Putin formalized the plan in an executive order signed August 6.
Gemfields Earns $18.6 mln from Emerald Auctions
Mumbai: Gemfields’ 75%-owned Kagem Mining has raked in $18.6 million from 3.92 million carats of emerald sold in Lusaka, Zambia at an overall average value of $4.75 per carat. The auction saw 37% of the 10.68 million carats offered being sold.Gemfields’ 33 auctions of emeralds and beryl mined at Kagem since July 2009 have generated $608 million in total revenues.
CaratLane – A Tanishq Partnership: Now in Powai
Mumbai: CaratLane – A Tanishq Partnership, is now open at Mumbai’s upbeat neighborhood – City Park in Powai. This outpost of CaratLane brings a brand new jewellery buying experience to shoppers in the vicinity, especially to consumers that love to try before they buy. “The thing I love the most about CaratLane is that their designs are light-weight and made for everyday wear. They also have
GJNRF Donates 2 Vans to Roti Bank
Mumbai: India’s Gems and Jewellery National Relief Foundation (GJNRF) and Bharat Diamond Bourse (BDB) yesterday donated 2 vans to Roti Bank, one of Mumbai’s largest non-profit organisation which bridges the gap between hunger and excess food. Mr. D Sivanandhan, former Commissioner of Police, Mumbai, now Mentor at Roti Bank graced the occasion and addressed the gathering about the Roti Bank. He informed that just in over
Albert Milton of De Beers Group Dies
Gaborone: De Beers Group has announced the demise of Mr. Albert Milton, Managing Director, Debswana, the 50/50 joint venture between the Government of the Republic of Botswana and De Beers Group. Mr. Albert became unwell in Johannesburg on Thursday evening. He was admitted to hospital but died early on Friday morning. The Group expressed deepest condolences to Albert’s family, relatives
