We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
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Platinum Demand Surged 25% in 2023: WPIC
Mumbai: World Platinum Investment Council (WPIC) has published a new study of the platinum market that says the demand surged 25% in 2023 to 8 million ounces, while total supply fell to 7.13 million ounces. Analysts at WPIC believe that platinum demand will remain robust in 2024, however it is expected to drop by 6% to 7.51 million ounces. Meanwhile,
Development of Clear Sustainability Strategies Now Imperative
Milan: The development of coherent and well communicated strategies that address environmental and social sustainability issues, responsible sourcing and proper governance are now management requestites in the jewellery gemstone and precious metals industries, Gaetano Cavalieri, President of the World Jewellery Confederation (CIBJO) has told an international group of graduate students during a lecture he delivered on February 28, 2024, at
GJEPC Explores Partnership with France’s Luxury Sector
Mumbai: India and France are looking to strengthen their ties in the luxury sector, as they held a meeting on 28th February to discuss the opportunities and challenges of collaboration. The meeting was attended by Mr. Eric Fajole, Trade Commissioner at the Embassy of France in India, and Mr. Ashish Kothari, Co-Convener, SEZ Sub-Committee, GJEPC, along with other representatives from
WFDB Calls to Action Regarding G7 Diamond Restrictions
Antwerp: The World Federation of Diamond Bourses (WFDB) has launched a campaign to unite the industry in presenting its concerns regarding the proposed G7 restrictions on diamonds. The WFDB has sent out a letter recently to the G7 and EU government representatives, detailing the challenges that the “one import node” solution creates for the industry. In addition to the signature
India Pavilion Dazzles at Watch & Jewellery Show
Sharjah: The India Pavilion shined bright on the opening day of the Watch and Jewellery Show Middle East 2025 with 12 exhibitors (Badalia Gems Private Limited, Rajesh Gems, Diarah Jewels Private Limited, Sejal Exports (India), N K Jewels, Fine Colour Gems Private Limited, N.J. Gems, Shubham Motiwala & Jewellers Pvt. Ltd, Manoj Ornaments Pvt. Ltd.) The Pavilion is being organized
Botswana President to Headline WFDB Meeting
New York: The World Federation of Diamond Bourses (WFDB) Presidents’ Meeting, June 10–11 in New York, will feature an illustrious list of speakers, led by Botswana President Duma Boko and U.S. Secretary of Commerce Howard Lutnick and including Angolan Minister of Mineral Resources, Petroleum, and Gas Diamantino Azevedo and Botswana Minister of Minerals and Energy Bogolo Kenewendo. The meeting, which
Platinum Love Bands Unveils ‘Wedding Edition’
Mumbai: As the summer wedding season reaches its vibrant peak, Platinum Love Bands unveils ‘The Wedding Edition’, a thoughtfully curated collection of couple bands designed to mark a once-in-a-lifetime love story. Rooted in the insight that real commitment comes from emotional clarity, these platinum bands are more than symbols — they are promises. Crafted in 95% pure platinum – Platinum
Civil Society Questions the “Breakthrough”
Dubai: The Kimberley Process Civil Society Coalition (KP CSC) attended the Kimberley Process (KP) intersessional meeting in Dubai from 12–16 May. Statements made at the close of the meeting declared a breakthrough in the long-standing debate over revising the KP’s notoriously narrow definition of conflict diamonds. From the KP CSC’s perspective, it is unclear where such a breakthrough occurred—unless the
