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 Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
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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
IIJS Bharat Premiere 2026 Crosses 25,000 Registrations
Mumbai: IIJS Bharat Premiere 2026 surpassed 25,000 visitor registrations, marking a strong response from the domestic and international jewellery trade. In view of the milestone, GJEPC has extended the Phase 1 visitor registration deadline to 10 July 2026, giving buyers and trade visitors additional time to register at the current rates before the next pricing phase. IIJS Bharat Premiere 2026,
Antwerp Presents Ring with 321 Natural Diamonds to the US
Antwerp: During the celebration of the 250th anniversary of the United States (US) in the Parc du Cinquantenaire in Brussels, the Antwerp diamond sector presented an exclusive ring set with 321 natural diamonds to U.S. President Donald Trump. The ring symbolizes the historic trade relationship between Antwerp and the United States – for decades the most important export market for
CIBJO's 2nd Webinar Series Kicks off from Sep 3
Milan: Season 2 of CIBJO’s popular webinar series will kick off on Thursday, September 3, 2020, with a panel of retail jewellery trade experts, who together will consider one of the most vexing challenges facing their sector in living memory – how to plan and prepare for the upcoming holiday seasons in the midst of a global pandemic. Traditionally, the
EL not Applicable on e-trade of Rough Diamonds
Mumbai: A delegation of India’s Gem and Jewellery Export Promotion Council (GJEPC) led by Mr. Colin Shah, Chairman, GJEPC, met Finance Minister Mrs. Nirmala Sitharaman on 26th August, in New Delhi, to raise concerns and implications arising on the diamond segment due to expansion of Scope of Equalisation Levy (EL). In a relief to the industry, the Finance Minister clarified
Indian Diamond Companies Cease Rough Imports
Mumbai: India being the global leader in diamonds, it produces 14 out of 15 diamonds set in jewellery worldwide and polishes one billion stones each year. In FY 2019, India’s major export markets for cut & polished diamonds were USA ($6,960.09 million), Hong Kong ($6,381.97 million), Middle East ($2113.63 million), Europe ($1,534.50 million). Although the year 2020 is reminiscent of the recession period of 2008-09 when the Indian diamond
Online Registration For Jewellers & Hallmarking Centres
Mumbai: India’s Union Minister for Consumer Affairs, Food & Public Distribution Mr. Ram Vilas Paswan, on 21st August virtually launched the online system of Registration and Renewal of Jewellers and online system of Recognition and Renewal of the Assaying and Hallmarking (A&H) Centres. This online system can be accessed through the Bureau of Indian Standards web portal www.manakonline.in. While launching the
