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 Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Top News
De Beers Shares Latest Research on US Consumer Trends
London: Natural diamonds are the most desired luxury jewellery product, average purchase prices have increased 25%, Gen Z is now the second largest generation buying diamonds, and non-bridal occasions account for three-quarters of overall US demand. These are some of the key findings of De Beers Group’s latest US Diamond Acquisition Study, featuring responses from 18,500 women aged 18 –
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
Indian Customs Implements Paperless Exports
New Delhi: The procedure for exports from India has been transformed into an end to end paperless process with the introduction of a Secure QR coded Shipping Bill that will be dispatched electronically to exporters, the Ministry of Finance, Government of India announced in a statement released yesterday. It said that from June 22, 2020, the end to end Customs
India’s G&J Exports Fell by 83% in April-May 2020
Mumbai: India’s gross exports of gems and jewellery (G&J) during the months of April and May 2020 dipped significantly to US$ 572.18 million, down 83.68% as compared to the same months a year earlier, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC). The slump, as a result of the total closure of all manufacturing
Sodiam Records Net Profit of $27,1 mln in 2019
Luanda: Sodiam, the National Diamond Trading Company of Angola recorded a net profit of US$27,1 million in 2019, despite the worldwide decline registered in the diamond market.Sodiam underlines that last year the company saw its operating costs drop by 17%, maintaining the trend started in 2018, while its tax contribution increased by around 21%. The company’s management considers that the
Doyen of Indian Diamond Ind. Arun Mehta Passes Away
Mumbai: Shri Arun R. Mehta, an industry stalwart and highly respected community leader passed away today. He was a guiding force and mentor to many. He was 80 and is survived by his wife Rajnika, son Russell and daughters Amita Samir Mehta and Alpa Nishit Kothari, his daughter in law Mona, and sons in law Samir Mehta and Nishit Kothari,
