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
World Diamond Day Sparks Global Groundswell
Mumbai: The Natural Diamond Council (NDC) announced the successful inaugural launch of World Diamond Day (April 8, 2026), a global, social-first movement that mobilized the diamond industry across more than 50 countries in a single unified moment. Designed to ignite a groundswell across the trade, the first-ever World Diamond Day drove a surge in global searches and social mentions for natural diamonds,
Artisan Jewellery Design Awards ’26 Presented
Mumbai: 9th edition of the Artisan Jewellery Design Awards 2026, organised by the Gem & Jewellery Export Promotion Council (GJEPC) and curated by The Futurist, concluded in Mumbai on April 8, bringing together the finest expressions of creativity, craftsmanship, and innovation in jewellery design. The Artisan Awards 2026 was powered by GIA and supported by the World Gold Council (WGC).
BDB Collaborates with GIA Alumni Mumbai
Mumbai: The Bharat Diamond Bourse (BDB), recently organized a special address as part of its “Leadership Series.” The session featured Ms. Ali Pastorini, President of the International Jewellers Association MUBRI, and Mr. Sachin Jain, Regional CEO of the World Gold Council (WGC). Ms. Pastorini discussed the growing demand for Indian diamonds and jewellery in Latin America, providing encouraging statistics for
230+ International Buyers Visit IGJS Jaipur ’26
Jaipur: The International Gem & Jewellery Show (IGJS) Jaipur 2026, organized by the Gem & Jewellery Export Promotion Council (GJEPC), is currently underway in Jaipur from April 9 to 11, 2026, bringing together leading Indian manufacturers and global buyers under one roof. Recognized as a highly curated, business-focused platform, IGJS continues to strengthen India’s position as a preferred sourcing destination
Taxes May Force Rio to Close Gem Mine in Zim
Harare: Rio Tinto Group told staff in Zimbabwe that government taxes may force it to close its sole diamond mine in the country, a letter to staff shows. The Murowa Diamond Mine, which is 78 percent held by London-based Rio, was valued at $279 million by Deutsche Bank in 2013. It produced 101,000 carats of gems in the fourth quarter
Alrosa Production Reaches 36.21 Million Carats
Moscow: Alrosa announced that production in its fourth quarter increased 8 percent over the previous quarter, to reach 10.56 million carats. In 2014, diamond production totaled 36.21 million carats, exceeding expectations by 210,000 carats. The company said the production increase was driven by the completion of planned maintenance at the plants that process ore from the International, Aikhal and Mir
GIA Changing Colored Stone, Pearl Reports
New York: Gemological Institute of America has tweaked its colored stone and pearl reports, adding better imagery and more information geared toward consumers. Beginning Feb. 1, GIA will issue the same form report for both colored stones and pearls, although the reports will still list information specific only to those gems. Other changes include: The colored stone and pearl reports
De Beers Generates $450m from January Sight
Gaborone: De Beers is said to have earned about $450 million from its first sight of 2015, which ended recently in Botswana. Rapaport cited unnamed sightholders as saying that a number of boxes were deferred, representing about 20 percent of the overall sight value. Allegedly, rough diamond prices declined by about 4 percent and De Beers made significant price adjustments
