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
Top News
Rajesh Exports Reports Stellar Growth in Revenues
Bangalore (By Evaluate Research): Rajesh Exports reported stellar growth in revenues on a QoQ and YoY basis despite a global economic slowdown and a higher gold price. Revenues for the fiscal fourth quarter [ended March] came in at Rs.476 bn, up 38% and 17% on a YoY and QoQ basis, respectively. The strategy to focus on the sale of high
No COVID-19 Cases Detected at Diavik Diamond Mine
Perth: Nearly 2,600 tests for COVID-19 have now been completed at Rio Tinto’s Diavik diamond mine in the Northwest Territories of Canada, with no cases detected in the workforce. On-site testing using nasopharyngeal swabs was introduced for Diavik employees and contractors seven weeks ago in collaboration with the Chief Public Health Officer of the Northwest Territories, as an extra precautionary
GJEPC Reschedules IIJS Premiere to January 2021
Mumbai: The world renowned and India’s largest jewellery trade show, the India International Jewellery Show (IIJS) Premiere, has been rescheduled due to the ongoing Covid-19 pandemic. The Gem and Jewellery Export Promotion Council (GJEPC), the organisers of the show, after consultation with the participants from India and other countries, have decided to reschedule the event in January 2021. IIJS Premiere witnesses the industry’s biggest
Get Diamonds & Jewelers of America Sign Agreement
Antwerp: Jewelers of America (JA), the national trade association for businesses serving the fine jewelry marketplace, and Get Diamonds, the world’s largest B2B online diamond marketplace that is backed and supported by the World Federation of Diamond Bourses (WFDB), have announced a Member Benefit Partner agreement. Through this agreement, JA Members now have access to VIP enrollment as well as
CIBJO Congress Focuses on Standards & Sustainability
Paris: The 2025 Annual Congress of the World Jewellery Confederation (CIBJO) opened on October 27 at the Comet Auditorium in Paris, welcoming more than 250 delegates from across the global jewellery supply chain. The gathering marks a milestone year for CIBJO as it nears its centenary, reaffirming its position as the guardian of industry standards, consumer trust, and ethical business
De Beers Reports Increase in Q3 Production
London: De Beers reported a sharp increase in rough diamond sales and production for the third quarter of 2025 compared to the same period last year. The sales volume tripled due to an extra selling event (Sight) in Q3 2025, which was reduced during the market downturn in Q3 2024. Production was up 38% year-on-year, primarily driven by higher output from
India Govt. Releases Special BDB Postal Stamp
Bharat Diamond Bourse (BDB), the world’s largest diamond trading exchange, proudly marks a dual milestone this year; 41 years since its incorporation and 15 glorious years of successful operations at its iconic Bandra Kurla Complex premises since 17th October 2010. To commemorate this milestone, the Department of Posts, Government of India, released a special BDB Postal Stamp recognizing the Bourse’s outstanding contribution to India’s diamond industry and global trade excellence. The
Sky Gold & Diamonds Strengthens Mangalsutra Business with Strategic Acquisition
Mumbai: Sky Gold & Diamonds Ltd., manufacturer and exporter of gold and diamond jewellery, recently announced that its wholly owned subsidiary, Starmangalsutra Pvt. Ltd., has entered into an non binding term sheet to acquire a majority stake in Shri Rishab Gold, a reputed Mumbai-based jewellery firm. The partnership marks a significant step in Sky Gold & Diamonds’ strategy to establish
