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
GJEPC Highlights Key Policy Priorities at Meeting with CIM
New Delhi: India’s Gem & Jewellery Export Promotion Council (GJEPC) highlighted the industry’s key policy priorities during a meeting chaired by Mr. Piyush Goyal, the Union Minister of Commerce & Industry, with Export Promotion Councils (EPCs) and industry associations in New Delhi on 24 June to review the Export Promotion Mission (EPM). Ashish Borda, Convenor – PMBD, GJEPC, and Sabyasachi
Thangamayil Jewellery, Receives IAGES Accreditation
Madurai: Gold buyers in Tamil Nadu can now purchase their favourite precious metal with complete trust and transparency from Thangamayil Jewellery Limited (TMJL), one of the most recognized chain of jewellery stores in the state. TMJL has officially received its IAGES accreditation, further cementing its commitment to serve its consumers in the most ethical, responsible and sustainable manner. The Indian
Russia to Levy 8% Duty on Rough from Sep.
Moscow: The Russian government has announced that it will impose an 8% export duty on rough diamonds weighing between 0.45 carats and 10.8 carats, as well as on special-size diamonds exceeding 10.8 carats, effective September 1, 2026. The new duty will apply to rough diamonds in weight categories that are considered economically viable for domestic cutting and polishing. Russia had
GJEPC Urges Simpler Path to Gold Monetization
Mumbai: India’s gold monetization efforts must focus on simplicity, trust and convenience if the country is to unlock the vast stock of idle household gold, said Khushboo Ranawat, Regional Chairperson – West, and Member – National Exhibitions, GJEPC, during a panel discussion at the ‘India’s Gold Revolution: Monetization, Tokenization & Financial Transformation’ seminar organized by the Bombay Chamber of Commerce &
Gemeprice 4.0 Pricing System for G&J Released
Ramat Gan: Gemewizard has announced the release of GemePrice 4.0, the latest generation of the gem industry’s leading online dynamic price list and pricing system for colorless and colored diamonds, gemstones and jewelry. The new system comes with a range of exciting new features, as well upgrades of existing elements. These include second-color moderators for colored diamonds, more gemstone types,
Winners of Baselworld Design Competition
Basel: Jewellery-focused 3D wax printing specialist Solidscape has announced the winners of the fourth annual Baselworld Design Competition. Capturing the Platinum Award for jewellery the third year in a row is the OG-Art Studio team from Bialystok, Poland. The brand produced a spectacular Dragon Pendant design that features complex geometry and incredible detail requiring the highest precision in 3D printing
Israel to Revive Diamond Manufacturing
Ramat Gan: An advanced “one-stop shop” for diamond manufacturing, recently opened near the Israel Diamond Complex in Ramat Gan, is the first step in an ambitious plan by Israeli diamond leaders to bring back a large part of the offshore diamond polishing business to the country. The plan is being supported by the Israel Diamond Exchange (IDE), the Israel Diamond
Zimbabwe Miners ‘Afraid of Saying No’ to Merger
Harare: Some diamond miners operating in Zimbabwe are said to be “afraid of saying no” to the proposed merger of their operations, according to a report published in Rough & Polished. Zimbabwe recently announced plans to merge all six diamond mining operations in Marange as well as Rio Tinto’s Murowa and DTZ-OZGEO into one firm in which the State would
