We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
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IIGJ to Provide Services from Udupi also
Mumbai: Shri Suresh Prabhu, Hon. Union Minister of Commerce & Industry and Civil Aviation, inaugurated the Indian Institute of Gems & Jewellery (IIGJ), Udupi, an initiative of the Gem & Jewellery Export Promotion Council (GJEPC), established with the support of Ms. Nirmala Sitharaman Hon’ble Union Minister of Defence. With this IIGJ Udupi and others in Mumbai, New Delhi, Varanasi & Jaipur, GJEPC
Coimbatore Gets Common Facility Centre
Mumbai: India’s Minister for Commerce & Industry and Civil Aviation, Mr. Suresh Prabhu laid the foundation of the Common Facility Centre (CFC) at Coimbatore – the ‘Ratna Abhushan Suvidha Kendra’, is a project by the Gem & Jewellery Export Promotion Council (GJEPC), sponsored by the Ministry of Commerce & Industry. Present on the occasion were Mr. B Sabarinath (President, Coimbatore
DPA Launches New Diamond Campaign
Mumbai: Diamond Producers Association (DPA) recently announced the third wave of the Real is Rare, Real is a Diamond campaign. Entitled ‘For Me, From Me’, the campaign is inspired by the natural diamond industry’s strongest growth engine, women self-purchase, which today represents one-third of all diamond jewelry sales in the US, a $43 billion diamond market that grew +4% in
De Beers' Revenue Grows in 2018
London: Anglo American said De Beers’ revenue leaped 4% to $6.1 billion in 2018 compared with $5.8 billion, a year earlier. The diversified mining group, which has an 85% stake in De Beers, said rough diamond sales also increased by 4% to $5.4 billion against $5.2 billion in 2017, driven by improved overall consumer demand for diamond jewellery and a 1%
De Beers Introduces Desert Diamonds Icons
Las Vegas: At the annual JCK Las Vegas Show – the largest jewellery event in the global calendar – De Beers Group yesterday set out its view on the way forward for the natural diamond sector, calling on the trade to work together to capitalize on the early success of the Desert diamonds ‘beacon’ campaign with the introduction of Desert diamonds Icons. The Desert
Dr. Akinwumi Adesina is Chairperson of Diamonds for Development Fund
Gaborone: The Government of the Republic of Botswana and De Beers Group are delighted to confirm that Dr. Akinwumi Adesina has been appointed as the Diamonds for Development Fund’s Chairperson. Dr. Adesina is a widely respected global leader and renowned development economist with close to 40 years of experience in global and African development issues. He was the 8th elected President
GJEPC Showcases India’s Craftsmanship at JCK Las Vegas
Las Vegas: The Gem & Jewellery Export Promotion Council (GJEPC) marks a defining milestone this year, celebrating its 21st consecutive participation at JCK Las Vegas, the world’s premier jewellery trade event. From May 29th to June 1st, 2026, at The Venetian Expo, the India Pavilion will serve as a global stage for 33 of India’s most visionary member exporters. Spanning
Edward Asscher Re-Elected as RJC Vice Chair
London: Edward Asscher is re elected as the Vice Chairman of the Responsible Jewellery Council (RJC). Mr. Asscher has served in the role for the past four years. In 2024, Asscher was a nominee for the chairman position. However, he ultimately lost the vote to Richline CEO Dave Meleski and remained vice chairman. Though Asscher retired in 2020 after five decades at the helm of family-run
