We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Top News
High Gold Prices, Advantage Platinum Jewellery
Mumbai: As gold and silver prices soar to record highs in 2026, driven by import duty hikes and strong market demand, platinum jewellery is emerging as a premium yet increasingly competitive alternative. With gold prices exceeding ₹1 lakh per 10 grams, the relative price difference for rare, durable platinum has narrowed, making it a compelling choice for consumers seeking luxury
GJEPC Takes Bold Stance on Recent Hike in Import Duty
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) acknowledged the Government’s decision to raise gold import duty to 10% from 5% and Agri cess to 5% from 1%. An official statement issued by the organization says, “As an industry, we remain committed to the spirit of ‘Nation First’ echoed by Honorable Prime Minister Mr. Narendra Modi. In response to
Need to Further Strengthen Trust in the System: KP Chair
Mumbai: The Kimberley Process (KP) Intersessional Meeting 2026 commenced in Mumbai under India’s Chairmanship. The meeting, being held from May 11 to May 14, 2026, has brought together representatives from Kimberley Process Participants, Observers and industry stakeholders from across the world to deliberate on key issues related to the global trade in natural diamonds. Addressing the gathering, KP Chair 2026,
Sky Gold and Diamonds Appoints MSKA & Associates
Mumbai: Sky Gold and Diamonds Limited has appointed M/s M S K A & Associates LLP, Chartered Accountants, a member firm of BDO International, as the Statutory Auditors of the Company and its material subsidiaries, subject to shareholders’ approval. The appointment has been approved by the Board of Directors following the recommendation of the Audit Committee. The move marks a
IIJS Adopts Big Changes to Achieve 25% Growth
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has introduced over-hauling changes in the up-coming India International Jewellery Show (IIJS) to achieve about 25% growth in one of the Asia’s largest B2B trade shows. IIJS has been experiencing acute space constraint since last many years, as a result of which at least 400 aspiring exhibitors are being left out
RJC Concludes AGM with Visit to Surat & SEEPZ
Mumbai: The Responsible Jewellery Council (RJC) held its Annual General Meeting (AGM) in Mumbai on April 13, 2015, followed by visits to key diamond and jewellery manufacturing centres in Surat and the SEEPZ Special Economic Zone. The event was co-hosted by The Gem and Jewellery Export Promotion Council (GJEPC) and Bharat Diamond Bourse (BDB). This was the first RJC AGM
Indian Govt. Eyeing On the Gold in Temples
New Delhi: Around 3000 tonnes of gold is said to be amassed by the temples of India in the form of offerings from devotees and, the worth of other jewellery can be price less. Now, the government of Narendra Modi is planning to introduce a new deposit scheme for Temples from May and thus combat the Trade Imbalance faced by
Huge Haul of Gems Stolen in London
London: On April 7, thieves using heavy cutting equipment broke into 60–70 safe deposit boxes in London’s Hatton Garden district, home to numerous diamond and jewelry wholesalers, according to a statement by the local Metropolitan Police. Reports say that the thieves may have gotten as much as $300 million in gold and diamonds, which John Kennedy, president of the Jewelers’
