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
Top News
Budget Has Disappointed Lakhs of Jewellers: GJC
Mumbai: India’s jewellers are expecting a reduction in import duty of gold and a cut in income tax for the common people in the recently presented Union Budget to spur demand. But the Government has not proposed any proposals that can give boost to the already prevailing sluggishness in the trade. Reacting to the budgetary proposals, Mr. Anantha Padmanaban, Chairman, All
GJEPC Organized Seminars on Union Budget 2020
Surat: The Gem & Jewellery Export Promotion Council (GJEPC), Surat and RSM Astute jointly organized two seminars to analyse the Union Budget 2020 and discuss its implications for the gem and jewellery industry. The first was held on February 3, and a second session, covering the same theme, was held on February 4, due to the overwhelming response from the
HK Shows Postponed Amid Corona Virus Fears
Hong Kong: As fears over the spread of the corona virus mount, show organizers in Hong Kong have announced that some upcoming events have been postponed. The Hong Kong Trade and Development Council (HKTDC) has moved the HKTDC Hong Kong International Diamond, Gem & Pearl Show 2020 (originally scheduled for March 2-6) and the HKTDC Hong Kong International Jewellery Show
GJEPC Seeks Roll Back of Duty Proposed in Budget
Mumbai: The Finance Minister in her Union Budget for fiscal year 2020-21 presented a gamut of initiatives, which cheered the entire gems and jewellery industry in the country. The government proposed to reduce the import duty on platinum from existing 12.5 percent to now 7.5 percent. Also, the proposal for establishing a bullion exchange at GIFT City is an encouraging move to attract international bullion
Dr. Akinwumi Adesina is Chairperson of Diamonds for Development Fund
Gaborone: The Government of the Republic of Botswana and De Beers Group are delighted to confirm that Dr. Akinwumi Adesina has been appointed as the Diamonds for Development Fund’s Chairperson. Dr. Adesina is a widely respected global leader and renowned development economist with close to 40 years of experience in global and African development issues. He was the 8th elected President
GJEPC Showcases India’s Craftsmanship at JCK Las Vegas
Las Vegas: The Gem & Jewellery Export Promotion Council (GJEPC) marks a defining milestone this year, celebrating its 21st consecutive participation at JCK Las Vegas, the world’s premier jewellery trade event. From May 29th to June 1st, 2026, at The Venetian Expo, the India Pavilion will serve as a global stage for 33 of India’s most visionary member exporters. Spanning
Edward Asscher Re-Elected as RJC Vice Chair
London: Edward Asscher is re elected as the Vice Chairman of the Responsible Jewellery Council (RJC). Mr. Asscher has served in the role for the past four years. In 2024, Asscher was a nominee for the chairman position. However, he ultimately lost the vote to Richline CEO Dave Meleski and remained vice chairman. Though Asscher retired in 2020 after five decades at the helm of family-run
NDC Welcomes GJEPC Membership
Las Vegas: India’s Gem & Jewellery Export Promotion Council (GJEPC) has recently joined the Natural Diamond Council (NDC). The NDC announced membership of GJEPC, making it the first industry body to progress toward NDC membership under the Luanda Accord framework. The milestone follows GJEPC’s signing of the Luanda Accord in June 2025 and the Memorandum of Understanding during the second
