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 Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Top News
Qatar Diamond Exchange Broadens Asian Presence
Doha: The Qatar Diamond Exchange (QDE) has signed a Memorandum of Understanding (MoU) with the Diamond Federation of Hong Kong, China (DFHK), establishing a strategic partnership between the two organizations. The agreement was formalized in Hong Kong by Ghanim Al-Saadi, Director of the Qatar Diamond Exchange, and Lawrence Ma, President of DFHK. Founded in 2000, DFHK represents Hong Kong’s diamond
Diamonds for Development Fund Receives Initial Funding
Gaborone: The Government of the Republic of Botswana and De Beers Group yesterday announced that De Beers Group has transferred its initial contribution of BWP1 billion to the Diamond for Development Fund, marking a major milestone in the progress of the Fund and its mandate to support Botswana’s long-term economic diversification. The disbursement follows the establishment of the Fund’s governance
De Beers Reports Lower Q3 Output
London: De Beers reported an 11% year-on-year decrease in rough diamond production to 6.8-million carats for the quarter ended September 30, primarily driven by planned plant maintenance at Orapa, in Botswana, and a slowdown at Venetia, in South Africa, ahead of a planned two-year production pause. Operational Performance: De Beers notes that rough diamond production was 11% lower at 6.8
New FEMA Guidelines to Exporters Explained
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in association with IndusInd Bank, organized a webinar on 16 October 2026 to explain the revised Foreign Exchange Management Act (FEMA) guidelines and their implications for the gem and jewellery trade. Prakash Kumar Rath, Head – Gems, Jewellery and Diamond Division, IndusInd Bank, addressed key changes under the revised framework, which
Silver Demand Hits Four-Year Low
Physical silver demand seen at 1,064.60 mln oz, down 9 pct Physical deficit seen at 52.2 mln oz vs 124.0 mln oz GRAPHIC-2016 metal returns: tmsnrt.rs/2eqHKkL London: Physical silver demand hit a four-year low this year as higher prices and weaker consumer sentiment put people off buying jewellery, coins and bars, GFMS analysts at Thomson Reuters predicted on Thursday. A
SSEF to Introduce Chemical Analysis System
Basel: The Swiss Gemmological Institute SSEF has become the first gem laboratory worldwide to introduce into its facility the ground-breaking GemTOF instrument, which conducts chemical analysis through laser ablation, thereby providing more information about the origin of a variety of gems, as well precisely identifying a range of other elements in coloured gemstones, diamonds and pearls. Considered a next-generation elemental
WFDB Reiterates Position on Synthetics
Antwerp: World Federation of Diamond Bourses (WFDB) President Ernie Blom has reiterated the organisation’s position on the issue of synthetic diamonds, while also emphasising the importance of ensuring artisanal miners are better rewarded. Blom was speaking at panel discussions as part of the Plenary meeting of the Kimberley Process Certification Scheme (KPCS) which is taking place in Dubai, UAE, this
IDE Invites Diamond Tech Co.s to Take Part in IDWI
Ramat Gan: The Israel Diamond Exchange (IDE) is reaching out to diamond technology companies around the world to invite them to exhibit at DiamTech, which will take place during the International Diamond Week (IDWI) from February 13 – 16, 2017. As in past years, at DiamTech, technology companies and high-tech service providers will be able to present their latest innovations
