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
Forevermark Unveils Short Film About Translocation
London: For World Elephant Day 2019, Forevermark, the diamond brand from De Beers Group has unveiled a compelling six-part short film series revealing the epic journey of one of the world’s keystone species as they embark on one of the largest and longest translocations ever undertaken in South Africa. In 2018, De Beers Group announced that it was commencing a major conservation initiative titled Moving
GJSCI Promotes India's Traditional Jewellery Art Forms
Mumbai: One of the highlights of the IIJS 2019 was the Craft Pavilion by Gem and Jewellery Skill Council of India (GJSCI), the nodal body for skill development of the Indian Gems & Jewellery industry under the National Skill Development Council (NSDC). India’s traditional Jewellery art forms like Thewa, Gajra, Bindri, Tarakasi, etc, are among the few jewellery forms which today have just a
GIA India Launched Diamond Origin Report
Mumbai: To help ensure the public trust in gems and jewellery and in an effort to build consumer confidence through transparency and traceability, GIA India has launched the GIA Diamond Origin Report in India on Aug. 9 at their Booth # 1D066. The GIA Diamond Origin Report confirms the country of origin of a polished diamond and includes a full
GJEPC Donates Rs. 1 Crore Through CRS Initiative
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) through its CSR initiative ‘Jewellers for Hope’ charity dinner raised funds to donate the proceeds towards Indian Army Welfare, Tribal Integrated Development & Education Trust (TIDE) and Shrimad Rajchandra Love & Care (SRLC), held on 8th August, Mumbai. Mr. Pramod Kumar Agrawal, Chairman, GJEPC, hosted Jewellers for Hope charity dinner in the presence of Guest
US Tariff Could Dent Growth of India’s G&J Industry: GJC
Mumbai: The United States (US) has maintained a 10% additional tariff on Indian gem and jewellery (G&J) exports under a permanent Section 301 regime, which replaced the previous temporary Section 122 surcharge on July 24, 2026. This duty applies to natural diamonds, lab-grown diamonds, coloured gemstones, and finished jewellery, impacting India’s primary overseas market. Expressing his dissatisfaction on the move,
The Platinum Buyer Seller Meet Ends Successfully
Kochi: The Platinum Buyer-Seller Meet (BSM) 2026, hosted by Platinum Guild International (PGI) in Kochi on 8th & 9th July, brought together 10 manufacturers, more than 70 retailers and industry partners for discussions on product innovation, changing consumer demand and the future growth of platinum jewellery in India. Over the last few years, platinum jewellery has sustained double-digit growth in
New Tariff Puts India’s G&J Exports Under Pressure
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has taken note of the United States’ transition from the temporary Section 122 balance-of-payments surcharge to the new Section 301 tariff regime, effective from 24 July 2026, under which the additional tariff on Indian gem and jewellery (G&J) exports remain unchanged at 10%. The new tariff framework follows the conclusion of investigations
European Natural Diamonds Exempted from US Tariffs
Antwerp: Natural diamonds cut in Europe will once again be exempted from US import tariffs. This brings an end to the 10% import tariff that had been in effect for the past six months. The restored exemption is significant news for the Antwerp diamond sector: Antwerp is Europe’s leading diamond-cutting centre, and the United States is a major trading partner
