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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GJEPC Gears Up Industry for India–UK CETA Rollout
Mumbai: The implementation of the landmark India–UK Free Trade Agreement (FTA) on 15 July 2026 marks a transformative milestone for India’s gem and jewellery industry, opening the door to significantly greater market access, enhanced competitiveness and accelerated bilateral trade with one of its key export markets. With zero-duty access for nearly 99% of Indian exports to the UK, the agreement
Global Gold City Project Announced
Hyderabad: Goldsikka Limited, a Hyderabad based Company, has introduced the Global Gold City Project (GGC), a pioneering initiative to establish India’s first integrated gold ecosystem. This project will consolidate mining, refining, trading, manufacturing, and digital infrastructure into a single hub, positioning India as a global leader in the gold industry. The project’s main objective is to Build a world class gold
P N Gadgil Jewellers Reports Revenue Growth of 41% YoY
Mumbai: P N Gadgil Jewellers has recently announced its quarterly results. The Company delivered a strong performance in Q1 FY27, reporting robust revenue growth of 41% YoY. The Retail segment grew 56% YoY, with robust same-store sales growth (SSSG) of 46% YoY as the primary driver, indicating that the growth was substantially organic in nature, driven by deeper customer engagement
India-UK BSM 2026 kicks off in London
London: With the India–UK Free Trade Agreement (FTA) set to come into force on 15 July 2026, India’s Gem & Jewellery Export Promotion Council (GJEPC) has brought together 20 leading Indian gem & jewellery manufacturers and prominent UK buyers for two days of focused business meetings at the Arsenal Executive Box, Emirates Stadium, London. The event marks another significant step
Forevermark Unveils It's Latest Podcast Episode
Mumbai: This Earth Day, Forevermark has released its latest podcast episode, Levison Wood: Walking with Elephants on “The Power of the Diamond” series. Featuring renowned British explorer, conservationist, author and photographer Levison Wood, in conversation with Charlie Mayhew, CEO of Tusk, Levison speaks about his love of elephants from when he was a child; to his most recent expedition in the spectacular Botswana landscape trekking alongside these majestic creatures on
Industry Leaders Discuss Way Forward Post Covid-19
Mumbai: A panel comprising some of the biggest names in the global diamond and gold industry came together at a GJEPC hosted Webinar to discuss a key question that has been uppermost in the minds of diamantaires and jewellers the world over – ‘The Way Forward for the Industry Post Covid-19’. The thought-provoking exchange of views was moderated by GJEPC
India’s Gold Imports Down by 14% in FY 2020
Mumbai: Gold imports into India fell by 14.23% in value terms during FY2019-20 to US$ 28.2 billion, news agency PTI reported, quoting statistics released by the Ministry of Commerce. During FY2018-19, the country’s imports of the yellow metal stood at US$32.91 billion, the report added. Growth in gold imports turned negative during the last four months of the fiscal, PTI
Yoram Dvash Elected Acting President of WFDB
Antwerp: Mr. Yoram Dvash, President of the Israel Diamond Bourse, was yesterday unanimously elected as the Acting President of the World Federation of Diamond Bourses (WFDB). “The diamond industry like all other industries is going through a very difficult time due to the coronavirus pandemic that has struck so much devastation in human, as well as business terms, across the
