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
First-Ever Lab-grown Diamond BSM Kicks Off in Surat
Surat: India’s Gem & Jewellery Export Promotion Council (GJEPC) commenced the first-ever Lab-grown Diamond Buyer Seller Meet (BSM) in Surat. The event was inaugurated by Mr. Virendra Singh, ITS, Development Commissioner & Additional DGFT; Mr. Kirit Bhansali, Vice Chairman, GJEPC; Mr. Vijay Mangukiya, Regional Chairman, Gujarat; Mr. Smit Patel, Convener, Lab-grown diamonds committee, GJEPC; Mr. Sabyasachi Ray, ED, GJEPC along
Edward Asscher Defends KPCS
Ramat Gan: Edward Asscher, outgoing president of the World Diamond Council (WDC), defended the Kimberley Process (KP) and addressed the “white elephant” of Russian sanctions at the World Federation of Diamond Bourses (WFDB) Congress in Israel. “Today, through the KP and the work that we all do, I am convinced that 99.9 percent of all diamonds in the global marketplace
Eminent Jury for Artisan Awards 2023
Mumbai: The second round of Artisan Awards 2023 that ensued recently, was on actual bejewelled pieces based on design replicability and category relevance. The theme was India Moderne, divided into 3 sub-categories – Abstraction, Print, and Sculpture. The first round was on the technical screening of the illustrated designs. 28 jewellery designs were up for evaluation, of which 10 were from
2nd IGJS Buyer-Seller Meet Inaugurated in Jaipur
Jaipur: The unveiling of the second edition of International Gem & Jewellery Show’s (IGJS) Jaipur Buyer Seller Meet was marked with a grand opening in the August presence of the Chief guest Mr. Sugrive Meena, Commissioner, Customs, Jaipur. From India’s Gem & Jewellery Export Promotion Council (GJEPC) leadership team Kirit Bhansali, Vice Chairman, Nirmal Bardiya, Regional Chairman Rajasthan, Krishna Behari
First Pre-CIBJO Congress Special Report
Milan: With nine weeks to go to the opening of the 2026 CIBJO Congress in Vicenza, Italy, on September 4, 2026, the first of the pre-congress Special Reports has been released. Prepared by the CIBJO Sustainable Development Commission, headed by John Mulligan, the report considers both the challenges and opportunities presented to the jewellery industry as government regulations concerning social
Gold Faces Pivotal H2 as Geopolitical Risk
New York: After a volatile start to the year, gold now faces a pivotal second half that will be shaped by unpredictability from geopolitics, rates, and investor sentiment, according to the Gold Mid-Year Outlook 2026 released by the World Gold Council (WGC) recently. Gold set more than 12 all-time highs and reached a record US$5,405/oz in late January before pulling
Nearly 80% of Belgian Diamond Traders Pass First-Ever Anti-Money Laundering Exam
Antwerp: For the very first time, the Belgian FPS Economy and the Antwerp World Diamond Centre (AWDC) organized a large-scale anti-money laundering (AML) exam for Belgian diamond traders. The sector delivered strong results, with nearly 80%of the 196 participants passing the test. The exam, which assesses knowledge of Belgian AML obligations, is part of broader efforts to further strengthen compliance
Gemfields CEO to Step Down: Ruby Auction Fetches $23.1 Mln.
London: Gemfields Group recently announced that its CEO Mr. Sean Gilbertson will step down by mutual agreement on 15 July 2026, with Chief Financial Officer Mr. David Lovett appointed Interim CEO while retaining his current role. The Board has begun the process of identifying a permanent successor. The announcement coincided with the results of Gemfields’ inaugural Trade Select ruby auction,
