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
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
S&P Sees Negative Outlook for Botswana
Gaborone: Standard & Poor’s (S&P) affirmed Botswana’s credit rating and gave the country a negative outlook, reflecting the risks over the next 12 to 18 months if the current diamond-sector slump proves more structural than cyclical in nature. The agency said it maintained its ‘A-/A-2’ long and short-term foreign and local currency sovereign credit ratings for the country. Even so,
Ali Pastorini Elected Presi. of Mujeres Brillantes
Bogota: The Second meeting of Latin America’s Mujeres Brillantes, (Woman Jewelers of Latin America) hosted by Cluster de Joyeria y Bisuteria de la Camara de Comercio de Bogota (Chamber of Commerce of Bogota) and took place at it’s headquarters in Bogota, Colombia, where additional 44 members attended the meeting. Established 4 months ago in Panama City, Panama the association has
Platinum Jewellery Leading the Trend: ASSOCHAM
Mumbai: Diamond studded or platinum jewellery is leading the trend this Diwali on the back of growing change in the mindset of women, particularly those working, away from their important role of homemakers, who take jewellery more as a daily wearable than buying gold as an investment avenue, an Associated Chambers of Commerce of India (ASSOCHAM) survey based on jewellers’
BrilliANT to Restore WFDB InterBourse Concept
Antwerp: Ten years after it debuted at the Iberjoya Jewellery Fair in Madrid, there will be a World Federation of Diamond Bourses (WFDB) ‘InterBourse’ pavilion at the eighth edition of BrilliANT, the Antwerp Diamond Trade Fair (ADTF). The WFDB Interbourse pavilion, which will accommodate members of visiting bourses in a ‘trading hall’ type set up, will be able to host
