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
India is the Second Largest Market: Paul Rowley
Mumbai: Mr. Paul Rowley, Executive Vice President, Diamond Trading, De Beers group, while opening of the sustainable De Beers group booth at IIJS Premiere Show 2024 said, “The Indian consumer’s love affair with natural diamonds and all they represent is going from strength to strength. With demand for diamond jewellery growing faster in India than anywhere else in the world,
40th IIJS Premiere Inaugurated in Mumbai
Mumbai: Hon. Governor of Maharashtra Mr. C. P. Radhakrishnan inaugurated one of the world’s largest gem & jewellery B2B shows – India International Jewellery Show (IIJS) Premiere 2024 organized by India’s apex trade body, The Gem & Jewellery Export Promotion Council (GJEPC) at the JIO World Convention Centre in Bandra Kurla Complex, Mumbai. Mr. Mangal Prabhat Lodha, Hon. Minister of
‘Indian Association for Gold Excellence and Standards’ Formed
Mumbai: The Indian gold industry has today announced the formation of the Indian Association for Gold Excellence and Standards (IAGES – pronounced as I-AAY-GES), a self-regulatory organisation (SRO) created by the Indian gold industry, for the Indian gold industry and supported by the World Gold Council. IAGES will aim at increasing consumer confidence and enhancing trust in the Indian gold
Discussion on Strengthening Indian Market for Natural Diamonds
Mumbai: De Beers and India’s Gem & Jewellery Export Promotion Council (GJEPC) held a meeting on 1st August in Mumbai to discuss strategies for bolstering the natural diamond market in India. The discussion centred around the need for education and awareness around natural diamonds. Ms. Shweta Harit, Global Senior VP, De Beers; Mr. Amit Pratihari, Vice President of De Beers
Candere Signs Shah Rukh Khan as Brand Ambassador
Mumbai: Candere, the lifestyle jewellery brand from the House of Kalyan, has appointed Shah Rukh Khan as its brand ambassador, marking a pivotal moment in its national expansion strategy. This partnership underscores Candere’s commitment to redefining jewellery for a new customer category – celebrating individuality, meaningful gifting, and everyday self-expression. With his global appeal and timeless charm, Shah Rukh Khan
Gemfields Announced $30 Mln. Rights Issue
London: Gemfields Group Limited, a company incorporated in Guernsey and listed on the Johannesburg Stock Exchange (JSE:GML) and AIM (AIM:GEM), has announced the launch of a fully underwritten Rights Issue to raise approximately $30 million. The Rights Issue will offer 10 new shares for every 21 existing shares at a price of 4.22 pence or ZAR1.06860 per new share. The
KP Progresses in Expanding Conflict Definition
Dubai: World Diamond Council (WDC) has welcomed the meaningful progress made towards expanding the Kimberley Process (KP) definition of conflict diamonds, after a successful week of open and productive dialogue at the 2025 Intersessional in Dubai. The meeting, hosted by the UAE and current KP Chair Ahmed Bin Sulayem, marked a significant breakthrough in seeking to expand the definition of
GJC Urges Ban on G&J Trade with Tuekey, Azerbaijan
Mumbai: All India Gem and Jewellery Domestic Council (GJC), the apex body representing India’s domestic gem and jewellery industry, announced its unwavering support for ‘Operation Sindoor’ and in alignment with national interest urges the India’s gems & jewellery industry to cease business transactions with Turkey and Azerbaijan. This decisive action follows Turkey’s public support for Pakistan in the aftermath of
