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’s CG, Dubai, V V Reddy, Interacts with BDB Committee
Mumbai: India’s Consul General (CG) to Dubai, Mr. Vishnu Vardhan Reddy, visited the Bharat Diamond Boure (BDB) complex on July 24. He engaged with members of the BDB Committee. The visit enabled the CG to gather better insights into the functioning of the diamond trade, the operations within the Bourse. He also observed the smooth functioning of import-export trade in
Dhoni Joins Malabar Gold as Brand Ambassador
Mumbai: Malabar Gold & Diamonds, a responsible jeweller, recently announced MS Dhoni as its Brand Ambassador, marking the beginning of a long-term association centred around The Responsible Jeweller, the brand’s philosophy of taking responsibility beyond jewellery. At a time when consumers are placing greater emphasis on transparency, authenticity and trust, Malabar Gold & Diamonds is reinforcing its commitment to responsibility across every
IIJS Bharat Premiere Receives Special Messages from India’s FM, Gujarat CM
Mumbai: IIJS Bharat – Premiere 2026 has received special messages from India’s Finance Minister and Minister of Corporate Affairs, Mrs. Nirmala Sitharaman and also from Gujarat Chief Minister Mr. Bhupendra Patel, recognizing India’s growing leadership in the global gem & jewellery industry. IIJS Bharat Premiere has grown into one of the world’s leading business platforms for the gem and jewellery
PNG Jewellers Achieves Record Q1 FY27 Revenue of 24,130 Mn
Pune: P N Gadgil Jewellers Limited has announced its unaudited financial results for the quarter ended 30th June 2026. Key Financial & Operational Highlights: § Retail Contribution: Retail sales continued to strengthen, with the retail share of total revenue increasing to 78% in Q1 FY27 from 70% in Q1 FY26, reflecting the Company’s continued focus on expanding its high-margin retail business. § Strong Same-Store Performance: The Company delivered a robust Same-Store Sales Growth (SSSG) of 46.1% YoY, driven by healthy
Diamcor Readies for “Largest” Rough Tender
Johannesburg: Diamcor Mining said it is preparing a diamond inventory for its “largest” tender to date, with about 6,800 carats of rough diamonds recovered from its Krone-Endora project in South Africa set to go under the hammer. It said in a statement that rough diamonds in this initial tender of the company’s third fiscal quarter ending December 31, 2015, would
Indian Trade Groups Probe GIA Data Breach
Mumbai: India’s Gems and Jewellery Export Promotion Council (GJEPC) and the Bharat Diamond Bourse (BDB) have formed a joint committee to investigate the alteration of Gemological Institute of America (GIA) diamond grading reports, according to The Times of India (TOI). The GIA last week published the names and suspended the accounts of 19 firms implicated in the alleged computer hacking
India to Issue Sovereign Gold Bonds from Nov 26
New Delhi: India will issue sovereign gold bonds from Nov. 26, offering an annual interest rate of 2.75 percent to domestic investors, a government statement said on Friday. The bonds will be sold through banks and designated post offices and will be part of New Delhi’s market-borrowing programme. The decision to sell gold bonds is part of the government’s plan
Zimbabwe Ups Levy for Miners to Fund Exploration
Harare: The Zimbabwean government is said to have increased a mining levy to fund exploration activities as it transforms the Minerals Marketing Corporation of Zimbabwe (MMCZ) into a state exploration company. Zimbabwe had vast mineral wealth spanning diamonds, platinum, gold, nickel, chrome and coal among other natural resources. However, much of the minerals remained underground and there was no much
