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 Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Top News
Anoop Mehta Elected as Vice President of WDC
Antwerp: Mr. Ronnie Vanderlinden was elected as the president of World Diamond Council (WDC) and Mr. Anoop Mehta was elected as Vice President of the WDC un-opposed. During the recently held AGM of WDC in Antwerp, Mr. Ronnie Vanderlinden was appointed President of WDC and Mr. Anoop Mehta who is currently serving as the President of Bharat Diamond Bourse (BDB),
IAGES Grows to 550+ Accredited Partner Outlets
Mumbai: The Indian Association for Gold Excellence and Standards (IAGES), a self-regulatory body has crossed the 100+ accredited partner landmark, establish a strong presence with 550+ partner outlets. With its footprint spanning 240+ cities pan India, IAGES consolidates its position as the facilitator of trust, transparency, and standardization in the gold sector. The IAGES accreditation network today spans the entire
Kama Jewelry Turns 30
Mumbai: Mumbai-based Kama Jewelry has marked three decades of fine jewelry manufacturing, Rs.982 Crore in revenue, 1,200 craftspeople, 260+ clients across four continents, and a 27% CAGR that rivals the best long-term compounders in Indian business. • Rs.982 Cr — FY2025-26 Revenue | +22% YoY growth• 27.1% — 30-Year CAGR | No outside capital raised• 1,200+ — Master craftspeople, all
Record Gold Prices Continue to Shift Demand Dynamics
Mumbai: The World Gold Council’s (WGC) Q1 2026 Gold Demand Trends report reveals that total quarterly gold demand (including OTC) reached 1,231t, a 2% increase year-on-year. While volumes increased modestly, the value of demand surged to a record US$193bn, up 74% year-on-year. Around the world, retail investors were drawn to gold’s price momentum and safe-haven appeal,driving bar and coin demand
GJEPC Opens New Office at Zaveri Bazar, Mumbai
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), the leading authority in India’s gem and jewellery trade, inaugurated its second office on 1st November, located at Zaveri Bazaar, Mumbai. The opening ceremony was graced by Dr. Harshdeep Kamble, IAS, Principal Secretary of Industries for the Government of Maharashtra, along with Mr. Vipul Shah, Chairman, GJEPC, Mr. Kirit Bhansali, Vice Chairman,
Land Allocated for Worker Housing Near IJPM
Mumbai: Maharashtra’s Minister of Industry Mr. Uday Samant during his visit to GJEPC and Bharat Diamond Bourse (BDB) announced that the State has taken a decision to allocate additional land adjacent to the Park for India Jewellery Park workers’ residence. India’s first-ever Jewellery Park in MHAPE (Navi Mumbai), spread over 21 acres is expected to create one lakh new jobs. Mr.
IDE to Hold Special Sales Event in NY with DDC
Ramat Gan: The Israel Diamond Exchange (IDE) has announced that it will hold a special sales event in New York, in collaboration with the New York Diamond Dealers Club, under the headline STAND WITH ISRAEL. The event will be held from November 27 – 30, 2023, on the new trading floor of the DDC. Due to the war with Gaza, the Israeli
Exclusive Ukrainian Jewellery at GemGenève
Geneva: For the fourth time in a row, the Strong & Precious Art Foundation (S&P) showcases emerging Ukrainian jewelry brands at GemGenève, a small but prestigious biennial gemstone and high-end jewelry exhibition held in Geneva, Switzerland. At GemGenève’s upcoming edition, of November 2 -5, 2023, S&P’s lineup includes jewelry brands Nomis, Drutis Jewellery, Yuval Studios, Inesa Kovalova, and Zhernov Artifactory, all of which participated in previous editions of
