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 $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
Top News
ALROSA Expects Reduced Rough Production
Moscow: The Strategic Planning Committee of ALROSA’s Supervisory Board reviewed options to cut spending and optimise production as proposed by the management and recommended that the management be guided by proposals envisaging lower output, the company said. According to preliminary estimates, when implementing measures to reduce production, ALROSA’s production in 2020 may reach 28-31 million carats compared to the initial
RJC Elects New Board of Directors
New York: The Responsible Jewellery Council (RJC) recently held its first ever virtual Annual General Meeting, which also coincided with its 15th anniversary. The organisation, which has seen membership grow 32% in the last three years, also elected the Board of Directors for the next term in office. Joining the Chair, David Bouffard, and Vice-Chair, Peter Karakchiev from ALROSA, two
RBI Cuts Repo Rate by 40 bps to 4%
Mumbai: The Reserve Bank of India (RBI) has decided to reduce the policy repo rate by 40 basis points from 4.4 per cent to 4 per cent. “RBI’s Monetary Policy Committee met again from May 20-22. MPC voted to 5:1 majority to reduce the policy repo rate by 40 basis points from 4.4 to 4%,” Mr. Shaktikanta Das said. Earlier,
India’s Gem-Jewellery Exports Drop 10.2% in 2019-20
Mumbai: India’s gross exports of gems and jewellery dipped by 10.19% during the fiscal year that ended on March 31, 2020 declining to US$ 35.53 billion as compared to US$ 39.56 billion in the same period of the previous year, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC). Imports across the sector during fiscal
De Beers Announces Changes to Exe. Committee
London: De Beers Group has announced changes to its Executive Committee, with current Chief Operating Officer, Burger Greeff, retiring at the end of the year following three decades of exceptional service. Kevin Smith, currently Executive Vice President, Corporate Affairs & Strategy, will become Interim Chief Operating Officer, while Eirik Waerness, currently Senior Vice President & Chief Economist, will move into
D.P. Abhushan Delivers Strong Performance in Ǫ2
Mumbai: D.P. Abhushan Limited (NSE: DPABHUSHAN, BSE: 544161), a company marking golden legacy of 85 years into Jewellery Industry known for its highest purity & designs standards, transparency & wide range of products portfolio at 11 different geographics in India, announced its financial results for the Second quarter and half year ended 30th September 2025. Ǫ2FY2C Highlights: H1FY2C Highlights: Commenting on the performance,
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 the Prime Minister Mr. Narendra Modi at New Delhi, on 3rd November 2025. Mr. Bhansali was representing the Gems & Jewellery (G&J) sector that
GSI Detects Undisclosed LGDs in Diamond Jewellery
New York: Gemological Science International (GSI) has identified undisclosed lab-grown diamonds (LGDs) in jewellery set with natural brown diamonds. The discovery comes at a critical time, as the global jewelry trade increasingly promotes off-color natural diamonds, such as brown and champagne hues, as unique, fashionable, and affordable alternatives to traditional colorless stones. Using advanced instrumentation, including Fourier Transform Infrared Spectroscopy
