We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
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Membership of India's GJEPC Grows to 9000
Mumbai: The total number of members of the Gem and Jewellery Export Promotion Council (GJEPC), the apex body of Gem & Jewellery trade in India, has grown to 9000 members, its highest ever, registering a 38% increase as compared to 6,500 members in 2021. Mr. Vipul Shah, Chairman, GJEPC said, “The Council attributes this milestone to the leadership and continued
Rio Tinto to Proceed with Diavik’s A21 Pipe
YELLOWKNIFE, Canada: Rio Tinto has approved a $40-million investment in the first phase of underground mining below the existing A21 open pit at its Diavik Diamond Mine in the Northwest Territories of Canada. Based on the updated mine plan and production schedule including the A154N and A154S pipes, and subject to approval of the second phase of the A21 underground
De Beers 2022 Revenues Rise 18% To $6.6 Billion
London: De Beers’ total revenue for the full year 2022 increased 18% to $6.6 billion compared with $5.6 billion in 2021. Rough diamond sales in value terms grew 22% to $6.0 billion versus $4.9 billion in 2021, reflecting strong demand for rough diamonds, particularly in the first half of the year, with the midstream replenishing stocks following strong consumer demand
JGTD Attains 20% Growth
Dubai: Jewellery, Gem & Technology in Dubai (JGTD) saw a year-over-year 20% boost in buyer attendance throughout its three-day run, driven by an influx of new and returning buyers from 95 countries and regions. Held from 12 to 14 February at the Dubai World Trade Centre (DWTC), the B2B show is poised to live up to its boundless potential as
India-Thailand Ink MoUs to Boost G&J Trade
Bangkok: A high-level delegation of 18 members from the Gem and Jewellery Export Promotion Council (GJEPC), Jewellers Association Jaipur, and Sitapura Gems and Jewellery Industry Association visited Thailand from 22nd to 24th February 2025 to explore collaborative opportunities in the sector, reflecting a unified effort to strengthen trade ties between India and Thailand. The most significant highlight of the delegation
Momentum is Gearing up for IIJS Tritiya
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is gearing up for the upcoming IIJS Tritiya 2025, scheduled to take place from 21-24 March 2025, at the Bengaluru International Exhibition Centre (BIEC). The excitement surrounding the event is palpable, with stall allotment currently underway at the Bharat Ratnam Mega CFC, in Seepz, Mumbai. The IIJS Tritiya 2025 edition, now
AWDC Welcomes Postponement of Mandatory Traceability
Antwerp: Antwerp World Diamond Centre (AWDC), the industry organization representing the interests of Belgian diamond companies, has welcomed the provisions of the 16th sanctions package against Russia, announced recently by the G7. AWDC considers the postponement of the deadline for the mandatory implementation of a traceability mechanism for diamonds to January 1, 2026, an important signal, as it grants diamond
Argyle Pink Diamonds Partners with West Australian Ballet
Mumbai: Argyle Pink Diamonds has forged a collaboration with the West Australian Ballet, Australia’s oldest ballet company, to establish the Rare Gem partnership. This initiative will fund a 12-month scholarship within the prestigious Young Artists Program, providing emerging ballet dancers with invaluable stage experience, mentorship, and preparation for a professional career. Lauren Major, Executive Director of West Australian Ballet, expressed
