We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors
Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly
Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors
Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly
Top News
De Beers Diamond Output Rises 17% in Q1 2026
London: De Beers Group reported a 17% rise in rough diamond production to 7.1 million carats in Q1 2026, driven by higher volumes from Canada and South Africa. The increase was operational. Canada recorded the sharpest growth, with production rising to 1.0 million carats, up 163% on planned ore release from Gahcho Kué. South Africa output surged 53% to 0.7
IIGJ Udupi Centre Inaugurated by India’s FM
Udupi, (Karnataka): Marking a significant milestone in India’s gem and jewellery skill development landscape, the Indian Institute of Gems & Jewellery (IIGJ), Udupi was unveiled yesterday as a new centre of excellence by India’s Finance Minister (FM) Mrs. Nirmala Sitharaman, reaffirming the government’s continued focus on skilling, innovation and employment generation for the sector. The ceremony was attended by Mr.
India and New Zealand Sign Strategic FTA
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has welcomed the signing of the India–New Zealand Free Trade Agreement (FTA) on 27 April 2026, calling it a timely and strategic step that opens a high-potential market for Indian gem and jewellery exporters. India’s current gem and jewellery exports to New Zealand stand at approximately USD 16.61 million. With zero-duty
Suresh Hathiramani Elected as Chairman of WDHB
Singapore: The World Diamond Heritage Board (WDHB) has announced the appointment of Mr. Suresh Hathiramani as Chairman and Mr. Alex Popov as Vice-Chairman, of the Selection Committee of the World Diamond Heritage List (WDHL). A Historic Initiative for the Diamond Industry: The World Diamond Heritage List is an initiative designed to identify and document the 100 diamonds that have shaped
Angola Reboots Diamond Polishing Activity
Luanda: Angola has restarted a diamond polishing and jewellery making plant in the country after years of inactivity. Angolan state-owned news agency, Angop quoted Angolan National Diamond Company (Endiama) chief executive Carlos Sumbula as saying that the projects would be implemented in a more sustainable way. He said the projects would also increase job opportunities in the country. “Opening this
Sophia Loren Visits Taiwan to Promote Jewellery
Taipei: Italian movie star Sophia Loren is in Taiwan to promote a line of jewellery created in her honour. A report by icrt.com.tw said the world-famous celebrity waved and blew kisses to reporters upon her arrival at Taiwan Taoyuan International Airport from Dubai on November 2. Loren is promoting a line of jewellery created by Damiani, an Italian luxury jewellery
GIA Suspends Sealing Service
New York: Gemological Institute of America’s lab has begun an investigation and suspended its diamond sealing service after it spotted a sealed diamond the report of which didn’t match the stone. Diamond sealing—which involves putting the gem in a secure tamper-resistant package—is an additional service offered by the lab, generally for the investment market. Only one-tenth of one percent of
Forevermark Unveils Global Marketing Campaign
Mumbai: Forevermark, the diamond brand from The De Beers Group of Companies has unveiled its new global marketing campaign that aims to inspire people to renew their belief in the power of a promise and celebrate life’s most meaningful promises with a Forevermark diamond. At the heart of Forevermark is a driving belief that a promise is a powerful and
