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
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Gemfields’ Final Film Explores July’s Birthstone
Mumbai: Gemfields has released fourth and final instalment in its short film series devoted to coloured gemstones. Fittingly, this one is all about the ruby – the vibrant birthstone for the month of July. Representing passion, prosperity and protection – early warriors would even carry them into battle – rubies hold a special place in the hearts of many, their
Global Rough Output -6.8% to $13.47 Bln. in '19: KP
Mumbai: Worldwide rough diamond production in 2019 slipped 6.8% in value terms to $13.47 billion, and dropped 12% in volume to 130.34 million carats, according to statistics released by the Kimberley Process (KP), the global monitoring system that was set up to prevent conflict diamonds. The average price of rough production in 2019 increased 6.1% to $103.41 per carat as
GJEPC Discusses Critical Issues with FM
Mumbai: The chairman of India’s Gem and Jewellery Export Promotion Council (GJEPC) Mr. Colin Shah, vice chairman Mr. Vipul Shah and executive director Mr. Sabyasachi Ray held a video meeting with the Hon’ble Finance Minister (FM), Mrs. Nirmala Sitharaman, on 6th July, and made a presentation on the critical issues concerning the gem and jewellery industry with the Finance Ministry.
Appeal to Voluntarily Curtail Rough Imports in India
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) along with four prominent diamond bodies Bharat Diamond Bourse (BDB), Mumbai Diamond Merchants Association (MDMA), Surat Diamond Association (SDA) and Surat Diamond Bourse (SDB) have jointly appealed to the Indian industry to once again voluntarily curtail imports of rough diamonds between 10th and 31st July, 2020. The situation will be reviewed
De Beers Group Science & Technology Showcases SynthDetect 2
London: De Beers Group’s Science & Technology division today revealed SynthDetect 2, the next generation desktop diamond screening instrument. The first SynthDetect instrument and its successor SynthDetect XL – released in 2017 and 2018 respectively – have been among the most successful instruments in De Beers Group’s suite of diamond verification instruments due to their outstanding technical screening functionality and
Amit Shah Graces 52nd India Gems & Jewellery Awards
Industry’s premier awards bring together national and state leadership, recognising excellence and India’s growing global ambitions Mumbai: In a landmark gathering that brought together the country’s political leadership and the leadership of India’s gem and jewellery industry, the Gem & Jewellery Export Promotion Council (GJEPC) hosted the prestigious 52nd India Gems & Jewellery Awards (IGJA), with Shri Amit Shah, Hon’ble
Gemfields Generates $29.6m from Emerald Auction
London: Gemfields Group Limited announced that its latest commercial-quality emerald auction generated $29.6 million, with every lot sold and the average realized price rising sharply from its previous sale. The auction, held between 24 August and 10 September, achieved $9.72 per carat, compared with $7.46 at the November-December 2025 auction. Total proceeds were also up from $25.4 million despite the volume
WGC Unveils New Chapter of ‘The Moment is Gold’
The World Gold Council (WGC) has unveiled the latest chapter of its ongoing campaign, ‘The Moment is Gold’. Building on the campaign’s central idea of celebrating life’s meaningful moments through gold, the latest film “First Diwali” captures a young couple experiencing their first Diwali together, a deeply personal milestone marked by warmth, belonging and new beginnings. The campaign reinforces how gold
