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
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Reena Ahluwalia’s Painting Accessioned into Smithsonian
Toronto: Visual Artist Reena Ahluwalia’s painting, “The Legacy of The Winston Red Diamond,” has been accessioned into the Smithsonian National Museum of Natural History. At a May 6 ceremony in the Janet Annenberg Hooker Hall of Geology, Gems, and Minerals, Dr. Gabriela Farfan, the Coralyn W. Whitney Curator of Gems and Minerals, accepted the painting. This is the first contemporary
India’s PM Appeals People Not to Buy Gold
New Delhi: India’s Prime Minister Mr. Narendra Modi has appealed country’s citizens not to buy gold for one year. His may have sounded unusual at first, especially in a country where gold is deeply linked to tradition, savings and family celebrations. But behind the statement lies a larger economic concern: pressure on India’s foreign exchange reserves and the weakening rupee
WDC ‘A Champion for Natural Diamond Trade’
Antwerp: The World Diamond Council (WDC) is a champion for the natural diamond trade, with the primary objective of building confidence in natural diamonds and helping the trade sell them, according to its incoming President Ronnie VanderLinden. He was speaking at the Annual General Meeting of the WDC, which took place May 7, 2026, in Antwerp, Belgium. Taking office at
Feriel Zerouki Forced Diamond ind. to Face Itself
Antwerp: Feriel Zerouki forced the diamond industry to confront the questions it had long avoided during her presidency of the World Diamond Council (WDC), a tenure defined by service to those most exposed at the front line of the trade. Taking office at a time of rising scrutiny, tightening regulation and changing consumer expectations, Zerouki placed reform of the Kimberley
ETPs Continue to Drive Gold Demand in Q3 2016
Mumbai: Global gold demand reached 993 tonnes (t) in the third quarter of 2016, a fall of 10% compared to the same period last year, according to the World Gold Council’s (WGC) latest Gold Demand Trends report. Net inflows into Exchange-traded products (ETPs) helped drive a sharp increase in investment demand, but this was not enough to offset falls in
GJF Meets Maharashtra Finance Minister on GST
Mumbai: The apex body for domestic gems and jewellery industry All India Gems and Jewellery Trade Federation (GJF) Director Mr. Ashok Minawala and delegates from Maharashtra, met Maharashtra Finance Minister Mr. Sudhir Mungantiwar at Nagpur and submitted their representation on GST. GJF has proposed GST rate of 1.25% for the gems & jewellery sector. GJF sought minimal GST rates even
Japan Auction House Launches Branch at IDE
Ramat Gan: Israel Diamond Exchange (IDE) President Yoram Dvash met yesterday with Anup Agarwal, President of Japan Auction House (JAH) to mark the opening of a branch of the company in the Israeli bourse. JAH, part of Indian-based Rich Diamonds, buys pre-owned polished diamonds in Japan from the local market for sale in auctions, currently in Japan and Hong Kong.
De Beers Sight Dates for 2017
Gaborone: De Beers released its sales timetable for 2017, maintaining its schedule of 10 sights a year. The company sells approximately 90 percent of its rough supply through its global sightholder sales division and the remainder through its auction platform. With two more sights left this year, the November sale begins this week in Gaborone. The dates for 2017 are
