We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
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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
Divine Solitaires, SGL Launch ‘Know Your Diamond’ Zone
Mumbai: The initiative equips Divine Solitaires’ reputed partner jewellers with advanced screening technology that can help verify key characteristics of diamonds,including whether a diamond is natural or laboratory-grown, checking laser inscriptions andverifying Hearts & Arrows (H&A). The screening machines will be provided as inventory to premium Divine Solitaires partner jewellers, enabling consumers to access the technology free of charge at
Sky Gold & Diamonds Acquires Purvi Gems
Mumbai: Sky Gold & Diamonds Ltd., (Sky Gold) one of India’s leading jewellery manufacturers and exporters, has successfully completed the acquisition of 100% equity shares of Purvi Gems & Jewellery (India) Private Limited, a company engaged in the manufacturing of uncut and precia jewellery and related products. Following the completion of the acquisition on October 7, 2026, Sky Gold is
‘UNNATI’ to Power Women in G&J Industry
Surat: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of India’s gem and jewellery industry, yesterday launched ‘UNNATI – Powering Women in Gems & Jewellery’, a national mission to drive women in the sector learn, lead and grow as skilled professionals, entrepreneurs and future leaders. Beginning with its Gujarat chapter at Sardar Patel Smruti Bhavan, Surat, UNNATI
QDE Widens its Scope with CIBJO Membership
Doha: The Qatar Diamond Exchange (QDE) has been admitted to membership of CIBJO, the World Jewellery Confederation (CIBJO), the international jewellery industry’s principal representative and standards-setting body. QDE joins as a National Association Member, extending the exchange’s international standing beyond the diamond trade into the wider diamond, coloured gemstone and jewellery sector. QDE’s membership was approved in CIBJO’s centenary year.
GJEPC Welcomes GST Rate Rationalisation for CPDs
Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) has welcomed the government’s decision for rationalising the GST rates on cut and polished diamonds (CPDs) to 1.5 percent saying it will help resolve the industry’s issue on input tax credit (ITC). GST Council, in its 47th meeting held on 28th and 29th June 2022, has come up with revisions in
WDC President Notes Positive Shift to Reforming the KP
Kasane: Speaking on June 24, 2022, during the closing session of the 2022 Kimberley Process Intersessional in the town of Kasane, Botswana, WDC President Edward Asscher noted a positive shift in the readiness of members to reforming the KP. “This year, throughout our engagements with many government participants here in Kasane, there seems to be strong support for further reforms,
Get Diamonds Online Tenders Introduces New Features
Antwerp: The next online tender, on June 29, will offer up to 700 diamonds and will have two exclusive categories: “new on the market” stones that have never appeared on any online listing, and diamonds that are marked “special price” by suppliers offered at unprecedented prices. The new features are in addition to free shipping and zero commission on all
David Gotlib is New President of AWDC
Antwerp: The Antwerp World Diamond Centre (AWDC), the industry organization representing Antwerp’s 1600 diamond companies and service providers, has appointed David Gotlib as its new President, replacing outgoing President Chaim Pluczenik. The Board also appointed Sahag Arslanian and Amish Jain as Vice Presidents. David Gotlib, born and bred in the family business, is a third generation diamantaire, leading one of
