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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Forevermark to Continue Investing in India: Nancy Liu
Mumbai: The recently appointed CEO of Forevermark Ms. Nancy Liu talks exclusively to G2J about the growth and prospects of the brand. Here are the excerpts: Answering a question, she said, “India is an incredibly important market for Forevermark that holds tremendous potential and we are committed to continuing to invest to support our strong growth in the country. Our aim is to continue to
Hike in Gold Import Duty Attracts Sharp Reactions
Mumbai: India’s Finance Minister (FM) Ms. Nirmala Sitharaman has proposed to hike the import duty on gold and other precious metals by 2.5% in Union Budget 2019. Prices for gold and other precious metals will go up with the latest announcement. Import of gold currently attracts a 10% customs duty. “It is also proposed to increase custom duty on gold
GJSCI Announces 'Anant' Design Competition Winners
Mumbai: The Gem & Jewellery Skill Council of India (GJSCI) in its endeavor to revive some dying arts in our country aimed at promoting design development, product innovation and diversification of India’s for heritage arts form viz. Hupari Payal (Kolhapur), Tarakasi (Cuttack), Thewa (Rajasthan) & Gajra (Bhuj, Gujarat) designed a contest around these arts. The objective behind the whole concept
GJC Members Pledge to Do Ethical Business
Mumbai: Jeweller members of All India Gem & Jewellery Domestic Council (GJC) took a pledge of Trust, Transparency, Ethics, Compliance and Customer First! “We pledge to always be ethical in our services. We pledge to treat our customers and vendors with utmost respect. We pledge to always be compliant in our businesses. We pledge to stand together in times of difficulty. We
Senco Gold Opens Store in Bhubaneshwar
Bhubaneshwar: Senco Gold & Diamonds marked the beginning of the festive season with the grand launch of its flagship Janpath store in Bhubaneswar, inaugurated by actor Ms. Rakul Preet Singh. The occasion brought together festive glamour, timeless craftsmanship and contemporary design, offering customers an early glimpse into the season’s most coveted jewellery trends, from statement natural diamond creations for weddings
Ekati Diamond Mine to Close Following Unsuccessful Sale Process
Toronto: Canada’s Ekati diamond mine is set to cease operations after owner Burgundy Diamond Mines failed to secure a buyer for the asset during a court-supervised sale process. According to documents filed with the Supreme Court of British Columbia, the sale process did not attract any compliant bids, leaving the company without the funding needed to continue operations. Burgundy has
IIJS Bharat Premiere Receives Message from PM
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is organizing the 42nd edition of IIJS Bharat – Premiere from 5th to 9th August 2026 at Jio Convention Centre, BKC and from 6th to 10th August at the NESCO, Goregaon, Mumbai. On this occasion, India’s Prime Minister Mr. Narendra Modi has sent a special message to the GJEPC wishing the
IIJ Awards on 2nd October in Mumbai
Mumbai: The India International Jewellery Awards (IIJA), an initiative by IBJA (India Bullion and Jewellers Association Ltd.) & Tefla’s is back—bringing together industry excellence, inspiring stories, and a distinguished celebrity jury. A $90B+ industry — and until now, no single honour platform that recognized all of it: from the master karigar at the workbench to the global icon whose work
