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
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
India’s Gem-Jewellery Exports Drop 10.2% in 2019-20
Mumbai: India’s gross exports of gems and jewellery dipped by 10.19% during the fiscal year that ended on March 31, 2020 declining to US$ 35.53 billion as compared to US$ 39.56 billion in the same period of the previous year, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC). Imports across the sector during fiscal
Webinar on Banking Stresses Need for Self-discipline
Mumbai: A distinguished panel comprising representatives of government and the banking sector deliberated on wide range of banking issues related to the challenges being faced by the gem and jewellery sector particularly during the Covid-19 pandemic at a webinar hosted by GJEPC on May 15. The panel, which had Ms Rupa Dutta, economic advisor, ministry of commerce & industry, Government
Breakthrough Study on Precious Coral Identification
Basel: A breakthrough study entitled “DNA fingerprinting: an effective tool for taxonomic identification of precious corals in jewelry,” authored by researchers from the Swiss Gemmological Institute SSEF and the University of Zurich’s Institute of Forensic Medicine (IRM) and recently published in the leading peer-reviewed journal Scientific Reports (Nature Group), has led to a new service being offered by SSEF to
Pink Diamond Prices set to Rise with Closure of Argyle
Perth: The price of super-rare pink diamonds is to set to rocket with the forthcoming closure of the Argyle mine in Western Australia, which has been responsible for 90% of world supplies, reports the South China Morning Post newspaper. Owner Rio Tinto plans to cease production by the end of 2020, when economically-viable reserves will run out. The value of
