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
De Beers & Diacore Purchase 40ct Blue Diamond
Johannesburg: De Beers Group and Diacore are proud to have partnered for the purchase of an exceptional fancy colour diamond, with the purchase of a 39.34 carat blue diamond from Cullinan Diamond Mine for a total purchase price of $ 40.18 million, split equally between the companies. This follows a similar partnership in November 2020 in which De Beers Group and
Rough Market Thrives with Double Digit Growth
Antwerp: Figures on the trade in Antwerp in the first six months of the year demonstrate the city is back on track of the pre-pandemic upturn seen in the first few months of 2020, outperforming 2019 figures on rough trade with double digit growth. Polished trade, still suffering from the lack of trade shows and the effects of the pandemic in India, shows
Rs. 792 Cr Raised as SBI Sells Shares of Defaulters
Mumbai: A consortium of India’s banks led by the country’s largest lender, State Bank of India (SBI), has realised Rs 792.11 crore after selling shares handed over to it by the Enforcement Directorate (ED), following confiscation to assets of fugitive businessmen Vijay Mallya, Nirav Modi and Mehul Choksi, according to media reports. Mehul Choksi The ED said that till date
G&J Exports Record Staggering 8.46% Growth in Q1
Studded Gold Jewellery Exports record a growth of 69.87% Cut and Polished diamond exports register a growth of 26.45% Mumbai: India’s gems and jewellery (G&J) exports is back to the pre-covid levels. The overall gross exports of G&J witnessed a growth of 8.46% to Rs. 67265.66 Crore (3% to US$ 9.18 billion) during April – June 2021 as compared to Rs. 62018.48 Crore
WFDB Concludes the International Summit
Gaborone: The World Federation of Diamond Bourses (WFDB) has concluded its International Summit in Gaborone, Botswana, bringing together senior government representatives, industry leaders and stakeholders from across the global natural diamond value chain to examine the sector’s future amid shifting market dynamics and evolving consumer expectations. Held from 18-19 May in collaboration with Botswana’s Ministry of Minerals and Energy under
WDHB Opens Nominations for World Diamond Heritage List
Singapore: The World Diamond Heritage Board (WDHB) has announced the official opening of the public nomination phase for the World Diamond Heritage List (WDHL); an inaugural selection of 100 natural diamonds of outstanding historical importance. Nominations are open from May 18 to June 18, 2026. Every person — from industry professionals to diamond lovers — is invited to nominate up
GJEPC Meets Maharashtra CM to Discuss Key Ind. Priorities
Mumbai: Mr. Kirit Bhansali, Chairman of Gem & Jewellery Export Promotion Council (GJEPC) and Mr. Anoop Mehta, Convener, Diamond Panel & President, Bharat Diamond Bourse (BDB), yesterday met Hon’ble Chief Minister of Maharashtra Mr. Devendra Fadnavis to discuss key priorities concerning the growth and development of the gem and jewellery sector in the state. The discussions focused on strategic initiatives
India is Committed to Strengthening Credibility in Diamond Sector
Mumbai: The Kimberley Process (KP) Intersessional Meeting 2026 concluded in Mumbai under India’s Chairship, bringing together representatives from KP Participants, Observers, industry stakeholders and civil society organizations for four days of deliberations on the future of the natural diamond sector. Welcoming the conclusion of the Intersessional, Union Minister of Commerce and Industry Mr. Piyush Goyal said India, as the world’s
