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
Divine Solitaires, SGL Launch ‘Know Your Diamond’ Zone
Mumbai: The initiative equips Divine Solitaires’ reputed partner jewellers with advanced screening technology that can help verify key characteristics of diamonds,including whether a diamond is natural or laboratory-grown, checking laser inscriptions andverifying Hearts & Arrows (H&A). The screening machines will be provided as inventory to premium Divine Solitaires partner jewellers, enabling consumers to access the technology free of charge at
Sky Gold & Diamonds Acquires Purvi Gems
Mumbai: Sky Gold & Diamonds Ltd., (Sky Gold) one of India’s leading jewellery manufacturers and exporters, has successfully completed the acquisition of 100% equity shares of Purvi Gems & Jewellery (India) Private Limited, a company engaged in the manufacturing of uncut and precia jewellery and related products. Following the completion of the acquisition on October 7, 2026, Sky Gold is
‘UNNATI’ to Power Women in G&J Industry
Surat: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of India’s gem and jewellery industry, yesterday launched ‘UNNATI – Powering Women in Gems & Jewellery’, a national mission to drive women in the sector learn, lead and grow as skilled professionals, entrepreneurs and future leaders. Beginning with its Gujarat chapter at Sardar Patel Smruti Bhavan, Surat, UNNATI
QDE Widens its Scope with CIBJO Membership
Doha: The Qatar Diamond Exchange (QDE) has been admitted to membership of CIBJO, the World Jewellery Confederation (CIBJO), the international jewellery industry’s principal representative and standards-setting body. QDE joins as a National Association Member, extending the exchange’s international standing beyond the diamond trade into the wider diamond, coloured gemstone and jewellery sector. QDE’s membership was approved in CIBJO’s centenary year.
How is Financial Health of Diamond Industry?
Dubai: The 37th edition of the World Diamond Congress, the biennial meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), will take place in Dubai, United Arab Emirates, from May 16 to 19, 2016. The Secretary-General of IDMA Mr. Ronnie VanderLinden has listed a few of the global diamond industry concerns in the
ALROSA Cuts Production Target for 2016
Moscow: ALROSA lowered its guidance for production of rough diamonds in 2016 as the Moscow-based miner plans to reduce accumulated inventory from last year. In a meeting on April 1, the company cut its target for production to between 37 million and 39 million carats, from 39 million carats, ALROSA said in a statement. The revision will be achieved by
RBI Eases Norms for Diamond Imports
Mumbai: The Reserve Bank of India (RBI) allowed banks to approve clean credit facility given by foreign supplier to Indian importers of rough, cut and polished diamonds, even beyond 180 days. “To ease the operational difficulties faced by importers, it has been decided, in consultation with the Government of India, to delegate the powers for permitting such clean credit for
Antwerp Diamond Industry Pleased with Modi
Brussels: Given the importance of diamonds in the trade relations between Belgium and India, Indian Prime Minister personally welcomed members from the Antwerp World Diamond Centre’s Board of Directors during his visit to Belgium. Several points were discussed, including the Reserve Bank of India’s (RBI) norms on imports. Belgium is one of Europe’s top three trade partners with India, and
