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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First-Ever Sale of 100% Traceable Artisanal Diamonds from Congo
Antwerp/Kinshasa: Today, fully traceable, artisanal diamonds from the Democratic Republic of Congo were sold on the international market for the very first time in Antwerp. The diamonds, originating from the Kasai region, are part of OrigemA:a Belgian-Congolese initiative that provides artisanal miners with access to international markets, guarantees fair prices, and supports the livelihoods of more than 3 million people. During this first
New Source of Paraíba Tourmalines Reportedly Discovered in Ethiopia
Basel: Copper-bearing tourmalines—widely known in the trade as Paraíba tourmalines—have captivated gem dealers, collectors, and enthusiasts around the world since they first appeared on the market in the late 1980s. The Swiss Gemmological Institute SSEF has received credible reports from trade sources that indicate a new deposit of copper-bearing tourmaline has been discovered in Ethiopia. To date, the number of
Lukson Opens its 10th Exclusive Store in Bandra
Mumbai: Lukson, one of India’s fastest-growing lab-grown diamond jewellery brands and the D2C arm of the 34-year-old JK Star Group, announced the opening of its 10th exclusive retail store in Bandra, Mumbai, one of India’s most coveted fashion, luxury, and lifestyle destinations. The milestone opening marks a significant chapter in Lukson’s rapid retail expansion and reinforces the brand’s commitment to making
JGA 2026 Opened in Hong Kong
Hong Kong: Nearly 1,100 exhibitors from around 30 countries and regions have gathered at the Hong Kong Convention & Exhibition Centre to showcase their latest collections to international buyers at Jewellery & Gem ASIA Hong Kong (JGA) 2026, which runs until Sunday, June 21, 2026. Organised by Informa Markets Jewellery, Asia’s No.1 mid-year B2B jewellery buying destination brings together two co-located
93 Israeli Cos. to Participate in March HK Show
Ramat Gan: The Israeli Diamond Industry is preparing a major presence at HKTDC’s Hong Kong International Diamond, Gem & Pearl Show this March. The Israel Diamond Pavilion, organized by the Israel Diamond Institute Group of Companies (IDI), will host 93 companies. There will also be 10 Israeli companies exhibiting in other locations throughout the show. Among the Israeli exhibitors there
PC Jeweller Buys Azva Brand from WGC
Mumbai: Listed jewellery firm PC Jeweller Ltd has acquired bridal jewellery brand Azva from the World Gold Council (WGC) for an undisclosed amount, as per a stock market disclosure, reports vccircle.com. The acquisition has been routed through one of its wholly-owned subsidiaries. Launched in 2012 by WGC, Azva Is derived from the Sanskrit word ‘ashvaa’ and was India’s first concept-based
Zim Orders Diamond Miners to Halt Operations
Harare: At a press conference earlier yesterday, the government of Zimbabwe has given all diamond mining companies in Marange a 90-day ultimatum to remove equipment after ordering them to halt operations with immediate effect for rejecting a proposal to consolidate the sector, Mines Minister Walter Chidhakwa said after announcing that their licences had also expired. The consolidation saga started last
IIDGR to Launch Grading Service in New Markets
Gaborone: The De Beers Group of Companies yesterday announced that its International Institute of Diamond Grading & Research (IIDGR) has launched its grading service in the Far East, Middle East, India and Europe. Following an initial pilot testing of the service in the Far East, IIDGR will now also provide a grading service from each of its laboratories in Belgium,
