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 the Fed’s First Rate Hike Since 2023, Indian Gold & Silver Rise as Oil Drives Prices
Macro Snapshot: Federal Reserve raised its target range by 25 basis points to 3.75% to 4.00% on 16 September, a unanimous 12-0 vote and the first increase since July 2023. Updated projections showed 16 of 18 participants expecting at least one further hike before the end of 2026, put the median path at 4.1% for both 2026 and 2027, and pencilled headline PCE inflation at 3.7% for 2026 with no return to the 2% target until 2029. Bond and currency
Despite the Fed’s First Rate Hike Since 2023, Indian Gold & Silver Rise as Oil Drives Prices
Macro Snapshot: Federal Reserve raised its target range by 25 basis points to 3.75% to 4.00% on 16 September, a unanimous 12-0 vote and the first increase since July 2023. Updated projections showed 16 of 18 participants expecting at least one further hike before the end of 2026, put the median path at 4.1% for both 2026 and 2027, and pencilled headline PCE inflation at 3.7% for 2026 with no return to the 2% target until 2029. Bond and currency
Top News
Global Gold City Project Announced
Hyderabad: Goldsikka Limited, a Hyderabad based Company, has introduced the Global Gold City Project (GGC), a pioneering initiative to establish India’s first integrated gold ecosystem. This project will consolidate mining, refining, trading, manufacturing, and digital infrastructure into a single hub, positioning India as a global leader in the gold industry. The project’s main objective is to Build a world class gold
P N Gadgil Jewellers Reports Revenue Growth of 41% YoY
Mumbai: P N Gadgil Jewellers has recently announced its quarterly results. The Company delivered a strong performance in Q1 FY27, reporting robust revenue growth of 41% YoY. The Retail segment grew 56% YoY, with robust same-store sales growth (SSSG) of 46% YoY as the primary driver, indicating that the growth was substantially organic in nature, driven by deeper customer engagement
India-UK BSM 2026 kicks off in London
London: With the India–UK Free Trade Agreement (FTA) set to come into force on 15 July 2026, India’s Gem & Jewellery Export Promotion Council (GJEPC) has brought together 20 leading Indian gem & jewellery manufacturers and prominent UK buyers for two days of focused business meetings at the Arsenal Executive Box, Emirates Stadium, London. The event marks another significant step
Forevermark Presents ICON Bracelet Inspired by Abhishek Shama
Mumbai: Forevermark Diamond Jewellery gifted a bespoke ICON bracelet for ace Indian cricketer Abhishek Sharma, a culmination of sports, design & inspiration. The bracelet was designed in association with the cricketer and reimagines the brand’s most recognizable symbol, The North Star- as a bold, contemporary jewellery design. Set in 18 carat white gold, delicate pavé diamond links connect each ICON element, adding brilliance and refinement throughout.The continuous sequence of icons across the bracelet symbolizes excellence, consistency and enduring value, qualities that reflect
Zimbabwe’s VP Lashes out at India’s Surat
Harare: Zimbabwe’s often reserved vice president Joyce Mujuru has sparked a potential diplomatic spat following her weekend tongue-in-cheek comment over India’s Surat. Surat, a city in the Indian state of Gujarat, was considered the world’s biggest diamond cutting and polishing centre. She was quoted in the local press as having said that India had “built a whole town” from smuggled
Winners Take Home Trophies at 2014 JNA Awards
Hong Kong: Anoop Mehta of the Bharat Diamond Bourse (BDB) and Ahmed Bin Sulayem of the Dubai Multi Commodities Centre (DMCC) – exceptional and inspiring leaders who are making an incredible impact in the gemstone and jewellery industry – led this year’s crop of 20 JNA Awards recipients. The awardees were feted in a spectacular ceremony and gala dinner that
Now Polygon Bans EGL Reports From Network
New York: The Polygon trading network will no longer list diamonds with European Gemological Laboratory (EGL) International reports on its service—although another platform, IDEX, says EGL reports remain welcome. The announcements come in the wake of trading network RapNet’s decision to ban all EGL reports. “We have been closely following the current discussions regarding EGL International, both on and off
De Beers Held Talks with Dubai Diamond Exchange
Dubai: A delegation of senior executives from De Beers visited the Dubai Diamond Exchange (DDE) on September 14, with the sides discussing future collaboration, the increasing role that the producing nations play along the New Silk Route and the opportunities this shift is bringing. DDE Chairman Peter Meeus hosted the delegation along DMCC Chief Executive Officer Gautam Sashittal. The De
