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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Surging Opportunities in LGDs
Dubai: DMCC has released a special edition of its Future of Trade thought leadership report series focused on lab-grown diamonds (LGDs), the rapid global rise of this nascent technology and its transformative impact on the industry. The report, titled “Coming of Age – The Future of Lab Grown Diamonds,” is a culmination of industry expertise and in-depth analysis. It provides
PM Vishwakarma Yojna for Artisans Launched
Mumbai: India’s Prime Minister Mr. Narendra Modi launched the ‘PM Vishwakarma Scheme’ PM Vishwakarma logo, tagline and portal for traditional artisans and craftspeople on the occasion of Vishwakarma Jayanti on 17th September. The Prime Minister acknowledged the contribution of the Shramiks and Vishwakarmas in the construction of the India International Convention and Expo Centre (Yashobhoomi). “Today I dedicate ‘Yashobhoomi’ to
India Pavilion at HK Fair Features 72 Companies
Hong Kong: The Jewellery & Gem World Hong Kong (JGW) has made a return to its signature “One Fair, Two Venues” B2B format, with over 3,500 exhibitors converging to showcase their latest collections to trade buyers from around the world. Organised by the GJEPC, the India Pavilion at Asia World-Expo (AWE) from 18th-22nd September boasts an impressive 72 companies occupying
NDC Partners with Jewellery Brands in China
Mumbai: The Natural Diamond Council (NDC) recently announced a strategic partnership with two prominent leaders in China: DR Diamond Ring (Darry Ring), the world’s leading engagement ring brand(*), and LIU GUI FU JEWELRY, a renowned Chinese jewellery brand. Together, they will produce a range of digital content, online and offline communication projects. In addition, they will also leverage their educational
Diavik Gets TSM Excellence Award
Perth: Rio Tinto’s Diavik diamond mine has been awarded the Towards Sustainable Mining (TSM) Environmental Excellence Award for its solar power plant, the largest off-grid solar installation in Canada’s territories. Activated in July last year, the 3.5-MW facility features 6 620 bi-facial panels and is designed to meet up to 25% of the site’s power needs during closure, which is
Jewellery Industry Unites to Protect Consumer Confidence
Milan: In a landmark move for the jewellery sector, the World Jewellery Confederation (CIBJO) has launched a four-month public consultation for The Blue List: The Responsible Jewellery Supply Chain Lexicon. This initiative marks the culmination of a collaborative effort spanning more than three years to establish a globally harmonized glossary of responsible sourcing and sustainability terminology for the jewellery, gemstone
Tariff War: U.S. Jewellery Industry at Risk
New York: World Diamond Council (WDC), the U.S. based organization representing the international natural diamond value chain, acknowledges the U.S. Government’s emphasis on fair and reciprocal trade and advocates for policies that support strengthening American manufacturing to deliver tangible benefits to U.S. businesses, workers and consumers. In this spirit, the WDC respectfully urges the U.S. Administration to consider granting a
Surging Gold ETFs Fuel Q1 Demand
Mumbai: The World Gold Council’s (WGC) Q1 2025 Gold Demand Trends report reveals total quarterly gold demand (including OTC ) was 1,206t, a 1% increase year-on-year, in a record high price environment, in which gold surpassed US$3,000/oz. The gold ETF revival fuelled a more-than doubling of total investment demand to 552t, a 170% year-on-year increase and the highest since Q1
