We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
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NDC Welcomes Rulings from ASA
London: Natural Diamond Council has welcomed two rulings from the UK’s advertising watchdog backing its efforts to protect consumers from misleading adverts of synthetic diamonds. The not-for-profit organisation, which exists to promote and protect the integrity of the global natural diamond industry, complained to the Advertising Standards Authority (ASA) about adverts by two retailers that failed to mention their products
Second edition of “TREASURES” in Lisbon
Lisbon: The second Edition of TREASURES, an award-winning international colloquium, will take place under the patronage of the President of the Republic of Portugal at the Royal Treasure Museum, Palácio Nacional da Ajuda, in Lisboa, Portugal, November 13-14, 2026. The theme of this year’s edition is “Crowns and Tiaras.” During the two-day colloquium, participants will enjoy presentations by a choice
GJC Gets New Office in Mumbai
Mumbai: The All India Gem & Jewellery Domestic Council (GJC), representing over six lakh jewellers across India, marked another significant milestone in its journey with the inauguration of its new office at Trust House, Parel East, Mumbai. Over the past two decades, GJC has emerged as a leading national trade body advocating policy reforms, promoting transparency, encouraging responsible trade practices,
High Gold Prices, Advantage Platinum Jewellery
Mumbai: As gold and silver prices soar to record highs in 2026, driven by import duty hikes and strong market demand, platinum jewellery is emerging as a premium yet increasingly competitive alternative. With gold prices exceeding ₹1 lakh per 10 grams, the relative price difference for rare, durable platinum has narrowed, making it a compelling choice for consumers seeking luxury
Chairman of GJEPC Discusses Industry Issues
Mumbai: Mr. Praveenshankar Pandya, the newly elected Chairman and Mr. Russell Mehta, the Vice Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) addressed their inaugural Press Meet on Tuesday where they focused on some of the issues faced by the gem & jewellery industry and enlisted the industry’s budgetary demands. Commenting on the slowdown in the global market,
PNG Jewellers Opens Showroom at Fremont, USA
Mumbai: The latest international showroom of PNG Jewellers was launched in Fremont, California on 16th October at 6 PM by Bollywood Actress Preity Zinta. PNG Jewllers is one of the most reputed jewellers in the country, with over 183 years of legacy and has been growing to be an international brand since past two decades. They have proudly presented their
Taliban Reportedly Involved in Gold, Lapis Trade
New York: The Taliban is illegally mining gold and controls access to a source of lapis lazuli, according to a United Nations Security Council report on Afghanistan issued in August. The report, issued by the council’s sanctions monitoring team, quotes Afghan officials as saying Taliban forces have gained control of an illegal gold mining operation in Arghistan, Afghanistan. The fundamentalist
Rough Display at BDB Not Taxable
Mumbai: Operations related to the display of rough diamonds at the Special Notified Zone (SNZ) in Bharat Diamond Bourse (BDB) in Mumbai are expected to commence within the next few weeks. This follows the announcement by the Ministry of Finance, Government of India on 16th Oct. that it had decided to exempt income from display of rough diamonds within a
