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
India’s New Shopping Mindset, Before You Buy Gold, #PehlaCheckIAGES
Mumbai: Indian consumers are being given the choice to make more informed decisions while buying gold. The efforts of Indian Association of Gold Excellence and Standards (IAGES), a self-regulatory organization created by the gold industry, is beginning to see the fruits of the groundwork it has put, into encouraging a shift in the gold-buying mindset of people with its pan
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
Diamond Grading & Inscription Facility in Surat
Surat: The De Beers Group of Companies announced on Tuesday the opening of its newest and most technologically advanced Forevermark diamond inscription and grading operation in the world – the International Institute of Diamond Grading and Inscription facility in Surat, India. The facility is a $10 million investment by De Beers and has been equipped with leading proprietary diamond technology.
Assocham Opposes Budgetary Proposals on Gold
Mumbai: With the government retaining high customs duty on gold imports in this year’s budget, industry body Assocham on Tuesday said smuggling of the yellow metal in India is likely to shoot up and introduction of mandatory PAN declaration on high-value gold purchases will dampen the industry. “In the absence of lower (import) duty, smuggling of the precious material would
Refusals Exceed 30% at De Beers March Sight
Gaborone: Pessimism prevailed at De Beers March sight with more than 30 percent of goods refused, according to several sightholders. Negative sentiment at the sight stemmed from a shared belief that polished sales and prices were unlikely to increase in the second quarter of 2015 and that De Beers sight prices have not fallen enough to restore profitability in the
Dubai Diamond Conference-15 to put ‘Africa First’
Dubai: The Dubai Diamond Conference 2015, slated for April 21-22 in Dubai will witness ministers and officials from Africa play a crucial part in discussions this year. The event, organized by the Dubai Diamond Exchange (DDE) and the Dubai Multi Commodities Centre (DMCC), will also bring together delegates and keynote speakers from the Middle East and Asia, heads of global
