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
Platinum Season of Love Begins from 17th April
Mumbai: Platinum Guild International (PGI) India has announced the launch of Platinum Season of Love 2026, its signature nationwide retail activation set to run from 17th April to 31st May 2026 across jewellery stores in India. A key strategic initiative in PGI India’s annual calendar, the programme is designed to drive consumer demand and retail momentum for platinum jewellery across
Edward Asscher Announces Candidacy for VC of the RJC
Amsterdam: Edward Asscher, the incumbent Vice Chair of the Responsible Jewelry Council (RJC), announced that he will run for another term in the position. In a letter to the RJC membership, he noted that the diamond, gem, and jewellery industry would be facing greater commercial challenges than ever before. “After serving four years as Vice Chair, I continue to argue
Industry Expectations on Akshay Tritiya Sales
Mumbai: Akshay Tritiya is one of the most auspicious days in the Hindu calendar to buy gold, symbolizing lasting prosperity and wealth. Gold prices have risen significantly (nearly 60% up from last year) with 24K hovering around ₹1,55,570 per 10g in mid-April 2026. Digital gold, coins, and jewelry are popular purchasing options. Despite high prices, demand remains high as gold
India’s G&J Exports Grew During April’25 & Mar’26
Mumbai: India’s gem and jewellery exports for the financial year April 2025 – March 2026 stood at ₹2,44,827.26 crore, registering a growth of 0.93% in rupee terms compared to ₹2,42,559.39 crore in the previous financial year. In dollar terms, exports were recorded at US$ 27.72 billion, reflecting a moderate decline of 3.32% year-on-year. The performance comes amid a year marked by geopolitical
Argyle Pink Diamonds Tender World Preview
Sydney: Rio Tinto’s spectacular Argyle Pink Diamonds Tender has been launched during a world exclusive preview at the Sydney Opera House, with this year’s iconic collection including some of the most vivid pink and red diamonds ever unearthed from the Argyle mine. The 2015 Tender, known as the “Connoisseur’s Collection”, comprises 65 diamonds weighing a total of 44.14 carats, including
Impasse Regarding KP Vice Chair Remains
Luanda: The impasse regarding the second most important post of the Kimberley Process, whose vice presidency is being disputed by Australia and Dubai still remains without a sign of consensus. Last Tuesday, the interventions relating to this matter, in the meeting taking place in Luanda, revealed that the participants – members of the Kimberley Process – are doing all they
De Beers Yields to Namibia’s Demands
Gaborone; Diamond giant, De Beers, which is 85 percent controlled by Anglo American, has reportedly “agreed in principle” with the Namibian government to introduce changes in a proposed new diamond sales and marketing contract. The Namibian newspaper reports that Windhoek had demanded that 25-30 percent of the diamonds produced by Namdeb, a joint venture between the Namibian government and DeBeers,
New Dispute Breaks Out Over Zimbabwe Gems
Luanda: The Kimberly Process Certification Scheme intercessional plenary meeting opened in Luanda, Angola, on Tuesday with Zimbabwe and some Western nations and human rights groups renewing their hostilities. Resource Exploitation Watch chairman, Tafadzwa Musarara, and some government insiders are accusing the West of trying to block trade in Zimbabwean gems alleging that they might be laundered through the sale of
