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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GJEPC Suggests Changes to Gold Deposit Scheme
Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) has proposed changes in the revamped gold deposit scheme to make it more attractive, enable its larger acceptance and garner additional deposits of idle gold in the country. The council suggested changes to the Revamped – Gold Deposit Scheme (R-GDS) in a video conference with Tarun Bajaj, Secretary in the Department
MUBRI World Meeting Goes Virtual from 2-4 October
Panama: From October 2nd to 4th, the 5th edition of the MUBRI World Meeting – an event promote by the renowned MUBRI International Group, an association created in 2016, in Panama City, for the promotion, development and professional advancement of entrepreneurs in the jewelry, precious stones and watches sector. With past editions held in Italy – VicenzaOro, Spain – Madrid
Kim Pelletier Named CEO of Get Diamonds Platform
Antwerp: The World Federation of Diamond Bourses (WFDB) announced today that it has recruited industry veteran Ms. Kim E. Pelletier to serve as CEO of the newly formed Get Diamonds B2B diamond trading platform. Get Diamonds, which is owned by the WFDB, is the only non-profit entity diamond trading platform whose slogan is “By the industry, for the industry.”Get Diamonds
Sovereign Gold Bonds Open Today for Subscription
Mumbai : The sixth tranche of gold bonds of this fiscal opens for subscription tomorrow amid volatile prices of the yellow metal in recent days. The Reserve Bank of India (RBI) has fixed the issue price at 5,117 per gram. Those applying online and making payment online get a discount of ₹50 per gram. For such investors, the issue price of
GemLead-A Landmark Collaboration between IIMA & GJC
Ahmedabad: The Indian Institute of Management Ahmedabad (IIMA), one of India’s premier management institutes, and the All India Gem and Jewellery Domestic Council (GJC), the country’s topmost jewellers’ representative body, yesterday begin a pioneering collaboration to launch “GemLead – Gems & Jewellery Executive Masterclass on Leadership, Excellence and Advanced Development.” This landmark initiative is designed exclusively for GJC members and
CIBJO Congress to be Held Under Patronage of France President
Milan: The Élysée Palace, the official seat of French head of state, has confirmed that the 2025 CIBJO Congress of the World Jewellery Confederation, which is scheduled to take place in Paris from October 27 to October 29, 2025, will be under the official patronage of Emmanuel Macron, the President of the Republic of France. The agreement of the French
1,800 Diamantaires Head to Antwerp for Auction
Antwerp: The Antwerp diamond district is notably busy this month, with eight diamond auctions taking place, including four running simultaneously during the first week of September. More than 1,800 diamantaires from all over the world are traveling to Antwerp to bid on 900 different parcels of rough diamonds. The Antwerp branch of diamond auction house Bonas is the only place
GJEPC Welcomes Drastic Reforms in GST
New Delhi: The Goods and Services Tax (GST) Council, in its 56th meeting yesterday, cleared the next-generation reforms under the eight-year old indirect tax regime. This effectively paves the way for a broad two-slab structure of 5 per cent and 18 per cent with a demerit rate of 40 per cent rate only for super luxury, sin and demerit goods.
