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
Lighthouse invests Rs. 284 Cr. in Kushal’s
Bengaluru: Lighthouse India Fund IV AIF has invested INR 284 crores in Kushal’s, India’s leading fashion and silver jewellery brand. Kushal’s is the first investment by Lighthouse from its newly raised, fourth private equity fund. This round also includes a secondary buy-out providing part exit to its first institutional investor India SME Investments, which invested in 2019. Founded in 2006
GJNRF Wins ‘NGO Leadership Award’
Mumbai: Gem & Jewellery National Relief Foundation (GJNRF), the apex body coordinating the common social intervention efforts of the gem and jewellery industry in India, was conferred with the NGO LEADERSHIP AWARD at the prestigious 13thWorld CSR Day Awards organised by World CSR Congress and certified by the World Federation of CSR Professionals. The award was received by GJNRF Jt.
Sachin Jain Appointed as CEO of WGC
Mumbai: The World Gold Council (WGC) has appointed Mr. Sachin Jain as its new CEO, India, who will take up the role from March 2024. Mr. Sachin joins from De Beers where he has held several senior roles for the past 13 years. As Managing Director of De Beers India, he has led the De Beers Forevermark business in India
WGC Launches New ‘You are Gold’ Campaign
Mumbai: World Gold Council (WGC) has launched new ‘You are Gold’ multimedia campaign to reinvigorate the relationship of millennials and Gen Z with gold in a meaningful way in India. The campaign introduces a film that embraces a broader audience, presenting gold as an ally for youth, both women and men. The film focuses on highlighting stories of individuals that are getting
India’s G&J Exports Stood at US$ 4.27 Bln in April–May 2026
Mumbai: India’s gem and jewellery exports stood at US$ 4.27 billion (Rs. 40,398.97 crore) during April–May 2026 as compared to US$ 4.55 billion (Rs. 38,848.42 crore) during the corresponding period of the previous year. While overall exports declined by 6.03% in dollar terms, they registered a growth of 3.99% in rupee terms. The figures are provided by India’s Gem &
Fraudulent Filling of Fissures in Emeralds
Basel: Based on a number of recent cases, the Swiss Gemmological Institute SSEF is issuing a trade alert concerning a fraudulent practice that has resurfaced in the emerald market. It concerns the filling of fissures in stones after they have been tested, with the emerald stone being offered for sale along with the earlier report that indicated little or no
Global Jewellery Industry Meets at IIJS Bharat Premiere 2026
Mumbai: Over 2,700+ international visitors from 80+ countries & 50,000+ trade visitors are set to converge in Mumbai for the most anticipated gathering of the global jewellery industry. Among them is Suzan Von Zahn of SVZ Jewellery, South Africa, who shares her excitement about attending IIJS Bharat Premiere 2026 and exploring the exceptional craftsmanship and business opportunities the show has
A Golden Milestone in India–Oman Trade Relations
Kolkata: Marking a significant step in strengthening bilateral trade ties, the first gold jewellery export shipment from Kolkata to Oman was successfully dispatched under the India–Oman CEPA framework. India’s gems & jewellery exports to Oman currently stand at -USD 35 million, including ~USD 10 million in gold jewellery. Exports could reach nearly USD 150 million over the next three years.
