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
Top News
DMIA to Launch Diamond Screening & Verification Lab
New York: The Diamond Manufacturers & Importers Association of America (DMIA) will hold a special member meeting to announce the launch and opening of the DMIA Diamond Screening and Verification Laboratory and the collaboration between DMIA and the International Gemological Institute (IGI) to develop a same-day diamond verification service. The event will be held at 12:00 noon on Wednesday, January
Devendra Fadnavis Inaugurated Signature & IGJME
Mumbai: Gems & jewellery industry belongs to Mumbai as Mumbai accounts for 72% of the annual USD 37 bn of exports, proclaimed Dr. Devendra Fadnavis, Hon. Dy. Chief Minister of Maharashtra, while inaugurating the largest-ever IIJS Signature & IGJME 2024 twin Exhibitions organised by the Gem & Jewellery Export Promotion Council (GJEPC) at the Bombay Exhibition Centre, NESCO Goregaon. For
Piyush Goyal Inaugurated IIJS Signature 2024
Mumbai: India’s Minister Mr. Piyush Goyal inaugurated the New Year’s first and largest-ever India International Jewellery Trade Show-IIJS Signature Gem & Jewellery Trade organised by the country’s apex trade body, the Gem & Jewellery Export Promotion Council (GJEPC). The 16th edition of GJEPC’s IIJS Signature will witness 30,000+ visitors (including international buyers) from 800 Indian cities and 60 countries. The
Narendra Modi, Vipul Shah Named Most Influential People in Diamond Industry
Mumbai: The world’s most influential and most read diamond-focussed publication ‘Rapaport’ named Hon. Prime Minister of India Mr. Narendra Modi among the movers and shakers of the global diamond industry in the year 2023. Other members including Mr. Vipul Shah, Chairman of Gem & Jewellery Export Promotion Council (GJEPC); Gina Drosos, CEO, Signet Jewelers; Feriel Zerouki, president, World Diamond Council
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
Gemfields Showcases 36 Ct. Ruby at June 2025 Auction
London: Gemfields will offer a broader range of secondary-type material at its forthcoming mixed-quality ruby auction in June 2025. The auction will include rubies recovered from a newer section of its Mozambican mine that has not previously been represented at auction in meaningful quantities and with a notable 36-carat ruby forming part of the offering. The gems, from the newer
Arvog Opens First Gold Loan Branch in Chennai
Chennai: Arvog, a smart-tech-enabled diversified finance company that provides financial products and services, particularly focusing on digital lending for personal and gold loans, announced the launch of its first Gold Loan Branch in Chennai, marking a strategic milestone in the company’s expansion into South India. The setting up of the branch will serve as a physical touchpoint for consumers to
