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
Top News
Nearly 80% of Belgian Diamond Traders Pass First-Ever Anti-Money Laundering Exam
Antwerp: For the very first time, the Belgian FPS Economy and the Antwerp World Diamond Centre (AWDC) organized a large-scale anti-money laundering (AML) exam for Belgian diamond traders. The sector delivered strong results, with nearly 80%of the 196 participants passing the test. The exam, which assesses knowledge of Belgian AML obligations, is part of broader efforts to further strengthen compliance
Gemfields CEO to Step Down: Ruby Auction Fetches $23.1 Mln.
London: Gemfields Group recently announced that its CEO Mr. Sean Gilbertson will step down by mutual agreement on 15 July 2026, with Chief Financial Officer Mr. David Lovett appointed Interim CEO while retaining his current role. The Board has begun the process of identifying a permanent successor. The announcement coincided with the results of Gemfields’ inaugural Trade Select ruby auction,
GJC Calls for Balanced Policy & Consumer Friendly Reforms
Mumbai: The All India Gem & Jewellery Domestic Council (GJC) released yesterday its half‑yearly review of the gold and silver market for 2026, noting that the first six months of the year were marked by historic peaks in bullion prices, followed by corrections that reshaped consumer sentiment and industry outlook. The Council emphasized that taxation changes, customs duty hikes, and global geopolitical
Two New Gold & Silver Vending Machines Launched in Mumbai
Mumbai: Aspect Bullion & Refinery, the pioneer behind India’s first-ever Gold & Silver Vending Machine, has launched two new vending machine installations in Mumbai this June. This expansion marks another significant milestone in the company’s mission to make buying gold and silver more accessible, seamless, and convenient through an innovative, secure, and hassle-free purchasing experience. A vending machine was launched at
Argyle Diamond Mine Delivers its Final Production
Perth: After 37 years of operations and having exhausted its economic reserves, the iconic Argyle mine in the remote east Kimberley region of Western Australia has celebrated its final day of mining. Arnaud Soirat, Rio Tinto’s chief executive of Copper & Diamonds said, “Fifty years ago there were very few people who believed there were diamonds in Australia – even
IDE Inducts 115 New Members
Ramat Gan: The Israel Diamond Exchange (IDE) inducted yesterday an unusually large group of new members in a festive ceremony held for the first time over video. The 115 new members are of varying ages, and include both diamond polishers and traders. Most of the new inductees, which include 20 women, are the next generation of current IDE members. The
1st Ever Rough Gemstones Sourcing Show Inaugurated
Jaipur: The Gem and Jewellery Export Promotion Council of India (GJEPC), the apex body for promotion of gems and jewellery, inaugurated the first-ever rough gemstone souring show in the presence of Chief Guest, Mr. Subhash Chandra Agrawal, Commissioner of Customs (Preventive), Jaipur; Mr. Colin Shah, Chairman, GJEPC; Mr. Nirmal Kr. Bardiya, Regional Chairman, Jaipur Region; Mr. Vijay Kedia, Convener, Coloured
GJEPC Seeks Policy Changes to Double Exports
Mumbai: With an aspiration to increase the Indian gems and jewellery exports to $70Bn in the next five years by 2025, the Gem and Jewellery Export Promotion Council of India (GJEPC), the apex body for promotion of gems and jewellery exports, have proposed a sea change in certain reforms with respect to gems and jewellery exports. In its Budget Recommendations,
