We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
Top News
European Natural Diamonds Exempted from US Tariffs
Antwerp: Natural diamonds cut in Europe will once again be exempted from US import tariffs. This brings an end to the 10% import tariff that had been in effect for the past six months. The restored exemption is significant news for the Antwerp diamond sector: Antwerp is Europe’s leading diamond-cutting centre, and the United States is a major trading partner
De Beers’ Rough Production Rises 88% in Q2 2026
London: De Beers has reported that its rough diamond production was 88% higher at 7.8 million carats, reflecting the impact of the extended maintenance shutdown in the comparative period at Orapa in Botswana, as well as the planned mining of higher-grade ore at both Jwaneng in Botswana and Gahcho Kué in Canada. Planned plant maintenance at Orapa and Jwaneng during
Only Natural Diamonds Should be Graded with 4Cs: CIBJO
Milan: The Diamond Commission of the World Jewellery Confederation (CIBJO) has insisted that the 4C polished diamond grading system (cut, color, clarity, and carat weight) should only be used for natural stones, but not synthetic ones. In the Special Report prepared for the upcoming 2026 CIBJO Congress, the Commission’s head Udi Sheintal also urged the industry’s stakeholders to use the
Forevermark Diamond Jewellery Enters East India
Kolkata: Forevermark Diamond Jewellery from De Beers Group has strengthened its presence in East India with the launch of its new store at South City Mall, Kolkata, marking the opening of its 10th store in India and another significant milestone in the brand’s retail expansion journey. Inaugurated by filmstar Raima Sen, the store brings Forevermark’s signature collection of natural diamond jewellery to one of the
DiamondCorp Up for Sale or Merger
London: DiamondCorp opened itself to a merger or takeover after saying the London-based company urgently needs about $615,623 (GBP 500,000) to address immediate funding requirements. The board said the company should conduct a strategic review while continuing discussions to secure funding. DiamondCorp’s options include a “merger with or offer for the group by a third party or a sale of
$174.6 Million Jade Stone Discovered in Myanmar
Naypyidaw: Miners in Myanmar have uncovered a jade stone that is estimated to be worth $174.6 million. The stone, which measures 18 feet by 18 feet by 9 feet and is estimated to weigh 175 tons, was uncovered at a mining site operated by the Yadanar Taungtan Co. and the Ministry of Mining. ”We thought we had won the lottery,”
Dev Shetty Resigns from Gemfields
London: Gemfields plc has announced, through an official press release the resignation of COO, Mr. Devidas Shetty, who will leave the Gemfields Group and step down from the board of directors on Monday the 31st October 2016 to pursue new opportunities outside of the business. Janet Boyce, CFO, will join the board on that date subject to completion of standard
Glimpz-16 Exhibition by IIGJ Students Concluded
Mumbai: ‘Glimpz-16 ‘Exhibition was an important event for the Indian Institute of Gems & Jewellery (IIGJ), Mumbai. Every year the 3 Year Diploma Course culminates with a Graduating Project during which the students create collections of jewellery on particular themes. This year the students of Diploma Bach 10 were asked to work on the Theme “Innovate” where they were inspired
