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 $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
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NDC to be Truely Consumer Centric: David Kellie
The Diamond Producers Association (DPA) has been recently re launched as the Natural Diamond Council (NDC). The NDC will continue the DPA’s mandate to promote the desirability of natural diamonds and support the integrity of the diamond jewelry industry. CEO of the NDC Mr. David Kellie here talks to gems2jewellery.com about its plans and future strategy. Responding to a question,
Indian Customs Implements Paperless Exports
New Delhi: The procedure for exports from India has been transformed into an end to end paperless process with the introduction of a Secure QR coded Shipping Bill that will be dispatched electronically to exporters, the Ministry of Finance, Government of India announced in a statement released yesterday. It said that from June 22, 2020, the end to end Customs
India’s G&J Exports Fell by 83% in April-May 2020
Mumbai: India’s gross exports of gems and jewellery (G&J) during the months of April and May 2020 dipped significantly to US$ 572.18 million, down 83.68% as compared to the same months a year earlier, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC). The slump, as a result of the total closure of all manufacturing
Sodiam Records Net Profit of $27,1 mln in 2019
Luanda: Sodiam, the National Diamond Trading Company of Angola recorded a net profit of US$27,1 million in 2019, despite the worldwide decline registered in the diamond market.Sodiam underlines that last year the company saw its operating costs drop by 17%, maintaining the trend started in 2018, while its tax contribution increased by around 21%. The company’s management considers that the
End of Diamond Production at Diavik Mine
Toronto: Diamond production at the Diavik mine, in Canada’s Northwest Territories, came to an end last week after 23 years. It produced over 150 million carats during its lifetime, more than either of NWT’s other mines – Ekati (owned by Burgundy) and Gahcho Kue (joint venture, De Beers and Mountain Province ). The closure on Thursday, 26 March 2026, also
GJEPC to Organize ‘Design Inspirations’ on 9th April
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) has organized ‘Design Inspirations’ event on 9th April, 2026 at Bharat Ratnam Mega CFC, Mumbai. The design seminar invites a galaxy of eminent speakers to share their insights on a wide range of topics. The workshop aims to provide the industry with relevant updates, enabling them to plan their designs and
IIJS Bharat Tritiya 2026 Ends with Great Success
Bengaluru: The 4th edition of IIJS Bharat Tritiya 2026, organized by India’s Gem & Jewellery Export Promotion Council (GJEPC), concluded on a triumphant note at the Bengaluru International Exhibition Centre (BIEC), solidifying its position as India’s third-largest B2B jewellery exhibition. The show witnessed a massive scale-up, hosting over 1,100 exhibitors and 1,900 stalls, while attracting 15,000 trade buyers from 500
GJEPC Team Meets Nirmala Sitharaman
New Delhi: A GJEPC delegation met Union Finance Minister Mrs. Nirmala Sitharaman in New Delhi on 27th March 2026 to discuss matters concerning the industry. The Council delegation, led by Mr. Kirit Bhansali, Chairman, GJEPC, also included Mr. Shaunak Parikh, Vice Chairman, GJEPC; Mr. Sabyasachi Ray, Executive Director, GJEPC and Mr. K.K. Duggal, Director – Policy, GJEPC. A key focus
