We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
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Dubai Diamond Conference on 21st Feb
Dubai: The Dubai Multi Commodities Centre (DMCC) announced that it would be hosting the 5th edition of its Dubai Diamond Conference (DDC 2022) with the support of leading industry organisations on 21 February 2022 at Atlantis, The Palm, Dubai, with the theme ‘The Future of Diamonds’. The DDC 2022 will be held with the support of three Platinum Sponsors –
Israeli Diamond Trade Sees Rapid Recovery in 2021
Ramat Gan: The Israeli diamond industry (IDI) showed an impressive recovery during 2021, and even surpassed the figures for 2019, according to import and export data published by the Israel Diamond Controller of the Ministry of Economy and Industry. During 2021, net polished diamond exports totalled $3.65 billion, an increase of 54% compared to 2020, and 7.5% compared to 2019.
CIBJO General Assembly in Vicenza Postponed
Milan: CIBJO, the World Jewellery Confederation, has announced that the gathering of its General Assembly, which had been scheduled to take place in Vicenza, Italy, on January 24 and 25, has been postponed to Thursday, March 17, and Friday, March 18. It will be held at the same venue. The announcement comes after the Italian Exhibition Group (IEG), which will
New Method of Setting Diamonds Invented
Saskatoon (Canada): A diamond cutter based in Prince Albert believes he has developed a new method of setting diamonds that will revolutionize the jewellery industry, according to a report published in ckom.com. Ten years ago, Mike Botha and New Zealand jeweller Ian Douglas set out to develop a new design to hold solitaire diamonds without the use of prongs and
‘Know Your Diamonds-From Basics to Boosting Sales’
Chandigarh: HRD Antwerp, in collaboration with the Johari Association Chandigarh, successfully hosted an exclusive retailer seminar recently titled “Know Your Diamonds – From Basics to Boosting Sales” at The Piccadily Chandigarh. The seminar witnessed strong participation from jewellery retailers across Chandigarh, who gathered to gain deeper insights into diamonds, certification, and modern retail selling strategies.3 Key Takeaways from The Seminar:
Size of UK Jewellery Industry to Rise by 2.1%
London: A New research published by 77 Diamonds shows that the size of the United Kingdom (UK) jewellery manufacturing industry is set to increase by 2.1% by the end of 2026, with total market revenue forecast to exceed £1 billion for the first time since 2023. 77 Diamonds has analysed historical data on the estimated annual revenue of the UK
GJC Submits Jeweller-Integrated Framework for GMS
Mumbai: All India Gem and Jewellery Domestic Council (GJC) has been actively engaging with senior officials of the Reserve Bank of India (RBI) and the Ministry of Finance (MoF) to advance a comprehensive revamp of the Gold Monetization Scheme (GMS). GJC has submitted a refined, jeweller-integrated framework for GMS, developed through structured stakeholder consultations across the banking, refining, and jewellery sectors. The
India’s New Shopping Mindset, Before You Buy Gold, #PehlaCheckIAGES
Mumbai: Indian consumers are being given the choice to make more informed decisions while buying gold. The efforts of Indian Association of Gold Excellence and Standards (IAGES), a self-regulatory organization created by the gold industry, is beginning to see the fruits of the groundwork it has put, into encouraging a shift in the gold-buying mindset of people with its pan
