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
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A Webinar on IIBX Gold Supply Mechanism
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in association with IIBX, is organizing a webinar on “IIBX Gold Supply Mechanism for GJEPC Members and SEZ Units” on 19th June 2026 to provide insights into the gold procurement framework through the India International Bullion Exchange (IIBX). The webinar is scheduled from 3 pm onwards. Mr. Ashok Kumar Gautam, MD
Central Banks Set to Step up Gold Buying over the Next Year
London: The World Gold Council’s (WGC) annual Central Banks Gold Reserves Survey reveals that 89% of reserve managers expect global central bank gold holdings to continue increasing over the next 12 months. With gold recently overtaking US government bonds as the top reserve asset, the findings point to continued momentum in central bank demand for gold. That confidence is also
India’s G&J Exports Stood at US$ 4.27 Bln in April–May 2026
Mumbai: India’s gem and jewellery exports stood at US$ 4.27 billion (Rs. 40,398.97 crore) during April–May 2026 as compared to US$ 4.55 billion (Rs. 38,848.42 crore) during the corresponding period of the previous year. While overall exports declined by 6.03% in dollar terms, they registered a growth of 3.99% in rupee terms. The figures are provided by India’s Gem &
Fraudulent Filling of Fissures in Emeralds
Basel: Based on a number of recent cases, the Swiss Gemmological Institute SSEF is issuing a trade alert concerning a fraudulent practice that has resurfaced in the emerald market. It concerns the filling of fissures in stones after they have been tested, with the emerald stone being offered for sale along with the earlier report that indicated little or no
CIBJO & Intertek Announce Joint Initiative
Milan: CIBJO, the World Jewellery Confederation, and Intertek Italia SpA, the Italian subsidiary of the Intertek Group, a multinational assurance, inspection, product-testing and certification company that assists companies ensure that their operating procedures and products meet quality, health, environmental, safety, and social accountability standards, have announced a joint initiative to educate, train and certify CSR, sustainability and Sustainable Development Goals
Petra Finds Five Rare Blue Diamonds
Johannesburg: Struggling gem producer Petra Diamonds Ltd. found five blue stones, typically among the most valuable in the world, at its flagship mine in South Africa. While the discovery will be a boost for the company that’s put itself up for sale after being dragged down by huge debts and a collapse in the diamond market, Petra cautioned that it
First Virtual World Diamond Congress Deemed Success
Antwerp: The third day of the 39th World Diamond Congress was concluded with a closing session addressed by World Federation of Diamond Bourses (WFDB) President Yoram Dvash and International Diamond Manufacturers Association (IDMA) President Ronnie VanderLinden. Mr. Yoram Dvash said, “This has been a World Diamond Congress that we will never forget.” He noted that participation had been high despite
Yoram Dvash Elected as President of WFDB
Antwerp: During the Working Session of the World Federation of Diamond Bourses (WFDB) , held on the opening day of the virtual World Diamond Congress, Mr. Yoram Dvash, President of the Israel Diamond Exchange (IDE), was formally elected as President of the WFDB for a three-year term, after having served as Acting President since April. Lin Qiang, President of the
