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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Physical Show of Vicenzaoro Planned in Jan 2022
Vicenza: Italian Exhibition Group S.p.A. (IEG) is organising Vicenzaoro January at the Vicenza Expo Centre from 21st to 26th January 2022. With the support of the Ministry of Foreign Affairs and International Cooperation and ITA, the Italian Trade Agency, the show will welcome international visitors, exhibitors, buyers and traders from various countries around the world, especially from Europe and the
BIS-Registered Jewellers Nearly Triple in India
Mumbai: Since the Government of India made gold jewellery hallmarking mandatory in mid-June this year, the number of jewellers registered with the Bureau of Indian Standards (BIS) has nearly tripled (+187%) from 43,153 in June 2021 to 1,24,034 as of 15th November, according to data available with the Gem & Jewellery Export Promotion Council (GJEPC). This compares with a 3%
WGC Members Contributed $38bn to Local Economies
Mumbai: A new report by the World Gold Council (WGC) highlights the role of its members, many of the world’s most forward-thinking gold mining companies, in contributing to socio-economic development in the countries and communities where they operate. Collectively, WGC member companies contributed$37.9bn to the GDP of the countries where they operate in the form of taxes, salaries and payments
New Emeralds from Musakashi Appear in Market
Basel: Advanced testing using Laser Ablation Inductively Coupled Plasma Mass Spectrometry (LAICPMS) on an anomalous stone from a batch of 10 emeralds submitted to the Swiss Gemmological Institute SSEF has indicated that it is likely to have been sourced at Musakashi, in the Solwezi district of central Zambia. This suggests that production at that site has been increased. The other
Antwerp’s Diamond Trade Increased by 20% in Q1
Antwerp: According to figures from the Antwerp World Diamond Centre (AWDC), the total volume of diamonds traded in Antwerp increased by nearly 20% in the first quarter of 2026 compared to the same period last year. The import of rough diamonds in particular saw strong growth, with a 35.7% increase in volume. In terms of total trade value, the trading
India Govt. Includes Jewellery in FTWZ
New Delhi: In a significant policy clarification, the Government of India has brought jewellery under the ambit of Free Trade Warehousing Zones (FTWZ), extending the scope of the existing framework governed by the SEZ Rules, 2006. Under a Circular dated 3rd March 2016, FTWZ units were already permitted to undertake storage and vaulting of precious commodities such as gold, silver,
Sennes Launches its 1st Exclusive LGD Store in Noida
Noida: Backed by the legacy and trust of Senco Gold & Diamonds, Sennes – Senco’s lab-grown diamond (LGD) focused lifestyle brand – announced the launch of its first exclusive store in Noida at Gaur City Mall. This marks Sennes’ 12th store in the country and its debut in the Noida market, further strengthening its presence across key urban centres. Positioned
Botswana Leadership Takes its Place on The World Stage
Gaborone: The Government of Botswana in collaboration with the Diamond Sector, has launched the 60 Years of Diamond Leadership Initiative and unveiled the diamond embedded medals for the Debswana World Athletics Relays Gaborone 26 at the Botswana National Museum. This moment marks a defining shift in Botswana’s diamond journey: from resource extraction to global reputation; from mineral value to public
