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
Gemfields Announces Recent Auction Results
London: Gemfields recently announced the results of its auction, which primarily featured commercial-quality sapphire, corundum, and ruby. Held from 2 to 4 September 2024, the auction generated significant positive outcomes, particularly for lower-priced rough gems. The auction achieved a total revenue of USD 2.3 million, with 5.7 million carats (equivalent to 1,130 kilograms) offered across 10 lots, all of which
New Benefits Now Available for Courier Exports
New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) under the Dept. of Revenue, Ministry of Finance has issued a circular introducing a new system that extends export-related benefits, including Duty Drawback, Remission of Duties or Taxes on Exported Products (RoDTEP), and Rebate of State and Central Taxes and Levies on Export of Goods (RoSCTL), to exports made
Gem-A Launches Autumn Issue of The Journal of Gemmology
London: The Gemmological Association of Great Britain (Gem-A) has launched the latest issue of its academic publication, The Journal of Gemmology (Volume 39, No. 3, 2024). Released digitally on September 12, this issue contains news and research from the international gemmological community, including an article reviewing Bohemian garnet (Cr-bearing pyrope) from the Czech Republic. Mined since the fifth century CE, Bohemian garnet
Register for Artisan Awards 2025
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has organized the 2025 Artisan Awards. It presents the following theme for designers to create, play & push the limits of design: Indian jewellery craft techniques have long been revered for their intricacy, cultural significance, and timeless beauty. In the global contemporary jewellery landscape, these techniques are being revived and reimagined
DDC Makes Award to Pankaj Parekh
New York: The incoming chairman of India’s Gems & Jewellery Export Promotion Council (GJEPC), Pankaj Kumar Parekh, was presented with an award by Reuven Kaufman, president of the Diamond Dealers Club, and Eli Izhakoff, WFDB and DDC honorary president, at a reception in honor of the first India Diamond Week in New York, reports idexonline. Parekh was recognized for his
De Beers Introduces U.S. Diamond Reselling Insight Program
New York: De Beers created a program through its independent entity, the International Institute of Diamond Valuation (IIDV), that is meant to enhance the understanding of consumer diamond reselling activity in the U.S. and will being operating with a small number of retailers. The program was created to assess the effectiveness of reselling approaches and to explore ways to improve
Argyle Pink Diamonds Celebrates 30 Years
Sydney: Argyle Pink Diamonds is marking its 30th anniversary with a limited edition pink diamond encrusted feather pendant. Dubbed the Argyle Pink Plume, the necklace is set with more than 1 carat of natural Argyle pink diamonds. Only 100 of the anniversary pendants will be made. Each piece has a numbered “1 of 100” laser inscription and is accompanied by
Purple-Pink Diamond May Set New Record
Hong Kong: Auctioneer Sotheby’s will put an 8.41-carat pear-shaped internally flawless fancy vivid purple-pink diamond on the block in Hong Kong on October 7, with a pre-sale estimate of $12.8 million to $15.4 million. If the diamond is sold at the top of the estimate range, it will become one of the top three pink stones ever sold at auction
