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
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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
Forevermark India Presents Pink Haze Collection
Mumbai: Highlighting the exquisite brilliance of a diamond, Forevermark India presents a jewellery collection that will trend as the cocktail pieces this wedding season. This delicate-yet-playful collection, coined as the Pink Haze, shines with Forevermark diamonds encased in magical rose gold. The essence of this collection is the ingredient of the diamond which is beautiful, rare and responsibly sourced. It
50 Indian Exhibitors Participate in Jewellery Arabia
Bahrain: The Gem & Jewellery Export Promotion Council (GJEPC) is organizing India Pavilion featuring leading names from the Indian gem and jewellery industry at the forthcoming Jewellery Arabia. The largest and most prestigious jewellery exhibition in the Middle East is slated from 22 to 26 November 2016 at the Bahrain International Exhibition and Convention Centre. India Pavilion which will be
Platinum Jewellery for Men’s Forays into Lucknow
Lucknow: Randeep Hooda – the award-winning actor, recently launched the platinum jewellery collection for men at Mohan Shyam Kalyan Das Jewellers in Lucknow. The collection includes an elegant mix of designs that spell out sophistication and style. Through the ages, the most discerning of men have preferred platinum when it comes to their jewellery. The metal is a classic reflection
Demand for Gems & Jewellery to Decline: Ind-Ra
New Delhi: The sudden and abrupt announcement by the government to make the currency notes of INR 500 and INR 1,000 invalid as legal tender from mid night of 8 November is part of the government’s attempt to crack the whip on black money and fake currency, says India Ratings and Research (Ind-Ra). This comes after the disappointing collections made
