We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
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GJEPC Charts $100 Bln. Export Vision for India’s G&J Sector
New Delhi: Mr. Kirit Bhansali, Chairman, Gem & Jewellery Export Promotion Council (GJEPC), was invited to attend the meeting organized with selected representatives of various industry sectors that contribute majorly to India’s merchandise exports chaired by Hon’ble Prime Minister Mr. Narendra Modi at New Delhi, on 3rd November 2025. Mr. Kirit Bhansali was representing the Gems & Jewellery sector that contributes 7%
Registrations for CIBJO Congress Now Open
Milan: Registrations for the 2026 congress of the World Jewellery Confederation (CIBJO) via the dedicated congress website located at: www.cibjo.org/congress-2026/ are now open. The congress will take place in Vicenza, Italy, from Friday, September 4, 2026, through Monday, September 7, 2026. The milestone event has been declared the Centenary Congress, and it will mark 100 years since CIBJO’s establishment in 1926.
World Diamond Congress from 12 to 15th July in Singapore
Singapore: As the Organizing Committee of the 41st World Diamond Congress (WDC) is finalizing the preparations for World Diamond Congress to be held for the second time in the Island City. The Congress venue has been moved from Marina Bay Sands to the iconic, eco-chic PARKROYAL COLLECTION Marina Bay hotel . “This venue offers a more intimate, sophisticated, and beautifully sustainable setting for our
India-Oman CEPA Comes Into Force
Muscat: The India-Oman Comprehensive Economic Partnership Agreement (CEPA) has come into force on 1 June 2026, ushering in a new phase in bilateral trade relations and creating fresh export opportunities across sectors including gems and jewellery, engineering goods, textiles, agriculture, pharmaceuticals and services. Signed on 18 December 2025 following negotiations launched in November 2023, the agreement grants India duty-free market
The 'Design Connect' Ends with Great Success
Mumbai: Design Connect 2019, a platform for jewellery designers to help connect and collaborate with manufacturers and retailers, was successfully held in Mumbai recently. Organised by Gem and Jewellery Skill Council of India (GJSCI) and Women’s Jewelry Association (WJA) – India Chapter, the event witnessed more than 35 jewellery manufacturers and retailers conducting interview rounds with 100+ jewellery designers. Ms. Nirupa Bhatt,
GJC Seeks Pro Consumer Initiatives in Budget
Mumbai: All India Gem and Jewellery Domestic Council (GJC) has sought reduction in Import Duty on Gold as per of its pre-Union Budget recommendations. GJC Chairman and delegation submitted the pre-Budget recommendations to the Hon. Union Finance Minister. The indigenous Gem & Jewellery industry is predominantly hand crafted and labour intensive. Over 1 crore skilled labour force is engaged in
De Beers' Cycle 5 Sales Drop
De Beers Group’s Cycle 5 2019 (provisional) rough diamond sales (Global Sightholder Sales and Auctions) amounted to US$ 390 million, the lowest for the past 18 months. While Cycle 4 2019 rough diamond sales (actual) amounted to US$ 416 million; sales for Cycle 5 2018 (actual) stood at US$ 581 million. Hence, the latest sale represents a drop of almost
PNG Jewellers Partners with Forevermark Diamonds
Mumbai: PNG Jewellers, a brand that embodies values, trust, and who are strong believers of innovation have partnered with Forevermark, the diamond brand from the De Beers Group, to retail Forevermark diamonds across all their stores in India. Forevermark diamonds are the world’s most carefully selected diamonds, while PNG Jewellers is known for its high standards of precision and quality in crafting their diamond jewellery. The synergy
