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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HRD Antwerp Opens New Office & Lab in Dubai
Dubai: HRD Antwerp, Europe’s leading authority in diamond and jewellery grading and a subsidiary of the Antwerp World Diamond Centre (AWDC), has officially opened its new office and laboratory in Almas Tower, Jumeirah Lakes Towers,Dubai. The opening took place in the presence of H.E. Mr Rik Van Droogenbroeck, Ambassador of Belgium to the United Arab Emirates, and HRD Antwerp’s executive
Sky Gold & Diamonds Reports 90% Growth in Q2
Mumbai: Sky Gold & Diamonds has reported a big growth in its net profit and revenue for the Q2 of FY27. The Company posted a consolidated net profit of Rs. 127.87 crore in the quarter ended September 2026, registering growth of 90.9% from Rs 66.99 crore in the year-ago period. Q2FY27 and H1FY27 Financial Highlights (Consolidated) (All figures in ₹
Unlocking Digital Gold’s US$ 700bn Opportunity
Las Vegas: The digital gold market, worth US$45–55bn today, could unlock up to US$700bn in latent demand, according to new research from World Gold Council (WGC) and Boston Consulting Group. The report points to substantial untapped appetite among retail investors, with nearly nine in ten surveyed saying they would consider digital gold under the right conditions. The US$700bn opportunity represents
Construction of India Jewellery Park, Mumbai Begins
Navi Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) yesterday marked a historic milestone in the development of India Jewellery Park Mumbai (IJPM) with the commencement of construction at Mahape, Navi Mumbai. The ceremony marks the transition of this long-cherished industry vision into the construction phase, bringing India’s ambition to establish a world-class, integrated jewellery manufacturing hub a significant
Jewellery Design in Limelight at JNA Conference
Hong Kong: JNA, the publication of Informa Markets’ Jewellery Group, will chart jewellery designers’ fascinating creative process from mind to market in its conference during the September Hong Kong Jewellery & Gem Fair 2019 in Hong Kong, China. The JNA Conference: “From Inspiration to Innovation – The Designer’s Journey of Creativity” takes place on 19 September 2019 from 3pm to 5pm at Rooms S426
Karisma Kapoor Unveils Forevermark Festive Collection
Mumbai: OM Jewellers launched their festive collection crafted with genuine, natural Forevermark diamonds. Film star Karisma Kapoor graced the occasion at their Borivali, Mumbai store yesterday. Highlighting the exquisite brilliance of a Forevermark diamond, OM Jewellers has expertly curated 300 gorgeous pieces crafted in beautiful, rare and responsibly sourced diamonds making it ideal to gift or self-purchase during the festive season. Each of the designs
De Beers Sales Continues to Drop
Gaborone: The seventh cycle of De Beers has generated $280 million, a whopping 44% less than the $503 of the same cycle in 2018. The current sales number is slightly higher than the $280 in the sixth cycle. Mr. Bruce Cleaver, CEO, De Beers Group, said, “With midstream participants continuing to work down polished diamond inventory levels and reduced levels
Gemewizard Launches Gem Color Academy
Ramat Gan: Gemewizard, the Company in digital solutions for the analysis, description, pricing and trading of color in gemstones and colored diamonds, has inaugurated the Gem Color Academy, its online educational arm that will provide professional-level knowledge and experience for the gem and jewelry industries. With the start of operations, the Gem Color Academy is launching a landmark course dedicated
