We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
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Bharat Diamond Week [BDW] Goes Digital
Mumbai: The organizing committee of Bharat Diamond Week [BDW], world’s foremost ‘only diamond show’ decided that the BDW will go Digital. The decision was taken by the committee over an online meeting yesterday. The Bharat Diamond Week in its 4th edition was slated to be orgnaised during the first week of August 2020. Looking at the unprecedented events that are
Father of Saurabh Gadgil Passes Away
Pune: Shri Vidyadhar Anant Gadgil, father of PNG Jewellers chairman and managing director, Mr. Saurabh Gadgil left for heavenly abode after a prolonged illness in Pune. Shri Vidyadhar Gadgil was the son of Maharashtra thespian and founder of PNG Jewellers, Shri Daji kaka Gadgil. Born on 18th October 1947, Vidyadhar Gadgil was a director with PNG Jewellers since the 1970s. He lived
Fusion of Online and Offline Will Drive Business
Mumbai: A panel of speakers from different markets across the world who participated in a Webinar organised by The Gem & Jewellery Export Promotion Council (GJEPC) to discuss the “International market scenario & way forward post lockdown” said that the future would see a greater fusion of online and offline sales on both B2B and B2C platforms. The panel comprised
De Beers Revises Production Guidance for 2020
Gaborone: Providing its quarterly production update for Q1 2020, De Beers said that total production for the period at 7,750,000 carats was virtually flat – only lower by 1% – over the Q1 2019 total production of 7,852,000 carats. “Rough diamond production was in line with prior year at 7.8 million carats, with limited impact from COVID-19 measures introduced at
Industry Expectations on Akshay Tritiya Sales
Mumbai: Akshay Tritiya is one of the most auspicious days in the Hindu calendar to buy gold, symbolizing lasting prosperity and wealth. Gold prices have risen significantly (nearly 60% up from last year) with 24K hovering around ₹1,55,570 per 10g in mid-April 2026. Digital gold, coins, and jewelry are popular purchasing options. Despite high prices, demand remains high as gold
India’s G&J Exports Grew During April’25 & Mar’26
Mumbai: India’s gem and jewellery exports for the financial year April 2025 – March 2026 stood at ₹2,44,827.26 crore, registering a growth of 0.93% in rupee terms compared to ₹2,42,559.39 crore in the previous financial year. In dollar terms, exports were recorded at US$ 27.72 billion, reflecting a moderate decline of 3.32% year-on-year. The performance comes amid a year marked by geopolitical
Gaetano Cavalieri Awarded 2nd Highest Rank in Italian Knighthood Order
Milan: CIBJO President Mr. Gaetano Cavalieri has been named a Grande Ufficiale (Grand Officer), the second-highest rank within the Ordine al Merito della Repubblica Italiana, the most senior knighthood order of merit in the Italian Republic. Established in 1951, the order recognizes accomplishments in the fields of science, literature, arts, economy, public service, and social, philanthropic and humanitarian activities and for
Zen Diamond Opens New Store in Hyderabad
Hyderabad: Zen Diamond, the globally acclaimed fine jewellery brand with a presence across more than 450 stores worldwide, continues to expand its presence in India with the opening of its new store at Lake Shore Mall, Hyderabad. After establishing a strong foothold in Mumbai with stores in Bandra and Borivali, and further strengthening its presence in Chandigarh with one store
