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
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
NDC Plans Higher Spend for India: Amber Pepper
Mumbai: Ms. Amber Pepper, the newly appointed CEO of the Natural Diamond Council (NDC), signalled a major strategic shift towards the Indian market during a high-level meeting at the Gem & Jewellery Export Promotion Council (GJEPC) head office in Mumbai on 30th April. Accompanied by Ms. Richa Singh, Managing Director for India and the Middle East, NDC, Pepper met with top
‘Know Your Diamonds-From Basics to Boosting Sales’
Chandigarh: HRD Antwerp, in collaboration with the Johari Association Chandigarh, successfully hosted an exclusive retailer seminar recently titled “Know Your Diamonds – From Basics to Boosting Sales” at The Piccadily Chandigarh. The seminar witnessed strong participation from jewellery retailers across Chandigarh, who gathered to gain deeper insights into diamonds, certification, and modern retail selling strategies.3 Key Takeaways from The Seminar:
Gold should be Looked as Portfolio Diversifier
Mumbai: Gold should be embraced as a portfolio diversifier and hedging strategy by an investor in the current environment. The present difficult time amid pandemic COVID-19 will continue to reinforce the role of gold as a strategic asset, said eminent experts in a Webinar on Gold Investment Opportunity and Price Outlook organised by PHD Chamber of Commerce and Industry. Eminent experts
IDE Hosts Successful KOIN Tender of Large Stones
Ramat Gan: The Israel Diamond Exchange (IDE) last week completed a successful first tender by KOIN International at its International Tender Center. The tender offered rough diamonds of 10.80 carats and over as well as fancy color diamonds as from the EKAPA (Kimberley) Mine in South Africa. Among the stones was an extraordinary 49 carat Vivid Yellow diamond. Although mostly
ED Files New Charges Against Mehul Choksi
Mumbai: The Enforcement Directorate of India (ED) has filed a charge sheet against fugitive jeweller Mehul Choksi, elaborating how he allegedly ran an organised racket to cheat customers and lenders in India, Dubai and the US, including top financial institutions, by dealing in “lab grown diamonds” and selling off properties, details accessed by Hindustan Times reveal. The charge sheet is
GJEPC Suggests Ways to Boost Exports from SEZs
Mumbai: The global gem and jewellery export market is valued at $629.06 billion of which India’s share is 6.2% or $31.45 billion. Of this, every year almost a quarter of India’s gem and jewellery exports have been generated through Special Economic Zones (SEZs). In a recent video meeting with the Department of Commerce, India’s Gem and Jewellery Export Promotion Council
