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 Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
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Forevermark Preparing Contingency Plans to Recover
(Exclusive) Mumbai: The Covid-19 pandemic has hit hard health of global gem and jewellery industry. It has pushed the world economy into an unprecedented crisis. Gems2jewellery.com contacted Mr. Sachin Jain, President, Forevermark (India) to assess its sales loss caused by the Covid-19 and its future strategy to recover from the current crisis. He says, these are extraordinary circumstances and we
Gemfields Reports Record Revenue for FY 2019
Mumbai: Gemfields has Announced its audited financial results for the year ended December 31, 2019. The company reported record group revenues amounting to US$216.2 million for the period, as compared to revenues of US$206.1 million earned in 2018. The Company said its free cash flow increased by 16% to US$31.1 million as against a free cash flow of US$26.9 million
Senco Group Contributes to Covid-19 Funds
Kolkata: Senco Gold & Diamonds Group in its continued commitment towards supporting the nation in its fight against COVID-19, has pledged INR 1.5 Crores towards the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) set up by the Hon’ble Prime Minister Narendra Modi and West Bengal State Emergency Relief Fund set up by the Hon’ble Chief Minister Mamata Banerjee cumulatively. The overall
De Beers Contributes towards Covid-19 Crisis
Gaborone: De Beers Group announced that it would contribute $2,500,000 across Botswana and Namibia to aid the response to the COVID-19 crisis. De Beers Group is a 50/50 joint venture partner with both Botswana and Namibia in the recovery and sorting of rough diamonds. Its contribution in both countries forms part of a larger effort across De Beers Group’s four
De Beers Group Science & Technology Showcases SynthDetect 2
London: De Beers Group’s Science & Technology division today revealed SynthDetect 2, the next generation desktop diamond screening instrument. The first SynthDetect instrument and its successor SynthDetect XL – released in 2017 and 2018 respectively – have been among the most successful instruments in De Beers Group’s suite of diamond verification instruments due to their outstanding technical screening functionality and
Amit Shah Graces 52nd India Gems & Jewellery Awards
Industry’s premier awards bring together national and state leadership, recognising excellence and India’s growing global ambitions Mumbai: In a landmark gathering that brought together the country’s political leadership and the leadership of India’s gem and jewellery industry, the Gem & Jewellery Export Promotion Council (GJEPC) hosted the prestigious 52nd India Gems & Jewellery Awards (IGJA), with Shri Amit Shah, Hon’ble
Gemfields Generates $29.6m from Emerald Auction
London: Gemfields Group Limited announced that its latest commercial-quality emerald auction generated $29.6 million, with every lot sold and the average realized price rising sharply from its previous sale. The auction, held between 24 August and 10 September, achieved $9.72 per carat, compared with $7.46 at the November-December 2025 auction. Total proceeds were also up from $25.4 million despite the volume
WGC Unveils New Chapter of ‘The Moment is Gold’
The World Gold Council (WGC) has unveiled the latest chapter of its ongoing campaign, ‘The Moment is Gold’. Building on the campaign’s central idea of celebrating life’s meaningful moments through gold, the latest film “First Diwali” captures a young couple experiencing their first Diwali together, a deeply personal milestone marked by warmth, belonging and new beginnings. The campaign reinforces how gold
