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
Top News
Lifetime Achievement Award for Stephen Lussier
New York: Jewelers of America (JA), the national trade association for businesses serving the fine jewelry marketplace, and the GEM Awards Committee announced that Stephen Lussier of De Beers, will be the recipient of the GEM Award for Lifetime Achievement at the 20th annual GEM Awards taking place on Friday, January 14, 2022, at Cipriani 42nd Street in New York
Gold Exchange Gets Clearance from Sebi
Mumbai: Sebi gave its nod to set up a Gold Exchange, which is expected to create a vibrant gold ecosystem in India commensurate with the country’s large share of global gold consumption. The capital markets regulator, the Securities and Exchange Board of India (Sebi), on September 28 came out with a series of significant guidelines. Sebi gave its nod to
Examining Impact of Online Trading on Pearl Sector
Milan: The COVID-19 pandemic has proven to be a watershed moment for jewellery’s pearl sector, as it has for most other parts of the industry, initiating changes that most probably are irreversible. The migration to online trading of loose pearls and pearl jewellery is certainly one of them. The pearl sector has always stood apart in the industry, and this
IGJS Dubai Scheduled from 11th-13th Oct. 2021
Mumbai: The astounding success of GJEPC’s IIJS Premiere in Bengaluru has energised and raised expectations of the exhibitors participating in the Council’s second physical show since covid, the International Gem & Jewellery Show (IGJS) Dubai, scheduled from 11th-13th October 2021. Mr. Colin Shah, Chairman, GJEPC, said, “We are grateful that the UAE government has granted permission to GJEPC to hold
FTAs Offer Immense Export Opportunity for Indian Jewellery
Jaipur: The Department of Commerce, Ministry of Commerce & Industry, Government of India recently organized a focused outreach programme on “Leveraging FTAs for the Gems & Jewellery (G&J) Sector” in Jaipur, in partnership with the Gems & Jewellery Export Promotion Council (GJEPC). Exporters, manufacturers, MSMEs and other industry stakeholders participated in the programme. The workshop is part of the Government’s
Golconda & Ancient Diamonds: A Historical Perspective
Singapore: On the third day of 41st World Diamond Congress, on July 15, distinguished jewellery historian and author, Dr. Usha Balakrishnan, of Mumbai, India, will be presenting a lecture entitled “Golconda and Ancient Diamonds – A Historical Perspective. ” “For nearly 2,000 years, every diamond the world had ever seen came from a mystical land, now known as India. These
Call for African Unity to Defend Natural Diamond Industry
Freetown, Sierra Leone: Against a backdrop of mounting concern over the future of Africa’s diamond sector, ministers from leading diamond-producing nations convened in Freetown, Sierra Leone, on May 20, 2026, to address a challenge that is rapidly transforming the global jewellery landscape—the growing dominance of laboratory-grown diamonds. A key voice at the Council of Ministers meeting of the African Diamond
Resilient Growth for Platinum Jewellery in 2025
Mumbai: Platinum Guild International (PGI) presented its annual Platinum Jewellery Business Review (PJBR) in an online presentation, themed “A year of resilience”. The review set out platinum jewellery demand across key markets in 2025 and the outlook for 2026, describing an exceptional year for platinum jewellery that was best characterized as a year of resilience. Mr. Tim Schlick, CEO of PGI, reviewed
