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
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
Gaetano Cavalieri Awarded 2nd Highest Rank in Italian Knighthood Order
Milan: CIBJO President Mr. Gaetano Cavalieri has been named a Grande Ufficiale (Grand Officer), the second-highest rank within the Ordine al Merito della Repubblica Italiana, the most senior knighthood order of merit in the Italian Republic. Established in 1951, the order recognizes accomplishments in the fields of science, literature, arts, economy, public service, and social, philanthropic and humanitarian activities and for
Zen Diamond Opens New Store in Hyderabad
Hyderabad: Zen Diamond, the globally acclaimed fine jewellery brand with a presence across more than 450 stores worldwide, continues to expand its presence in India with the opening of its new store at Lake Shore Mall, Hyderabad. After establishing a strong foothold in Mumbai with stores in Bandra and Borivali, and further strengthening its presence in Chandigarh with one store
Russia Overtakes Botswana as Rough Producer
Moscow: Russia extended its lead over Botswana as the world’s largest rough diamond producer, according to data released by the Kimberley Process (KP). Russia’s output leaped 9.4 percent to 41.9 million carats worth $4.24 billion last year while that of Botswana eased 16 percent to 20.8 million carats valued at to $2.99 billion. Diamonds from the southern African nation recorded
“HRD Antwerp Certified" Flagship Store in Paris
Paris: In the presence of the Belgian Ambassador in France, H.E. Vincent Mertens de Wilmars and Peter Macken, CEO HRD Antwerp, HRD Antwerp’s first flagship store was inaugurated on 23 June 2016 in Paris. An exclusive partnership between HRD Antwerp, Europe’s leading authority in diamond certification and selected retailers. The “flagship” designation is liberally applied to stores in prestigious locations,
Poor Pay in India’s Gem Trade: ASSOCHAM
New Delhi: Salaries in India’s gem and jewellery sector are half of those in other industries, according to a report that highlights a labor shortage driven by rock-bottom pay and dangerous working conditions. Workers in the industry earn an average of $3,740 (INR 252,000) per year, according to a study by the Associated Chambers of Commerce & Industry of India
New Technic to Produce Artificial Diamonds
Moscow: Experts of the Institute of Solid State Chemistry and Mechanochemistry (ISSCM) of the Siberian Branch of the Russian Academy of Sciences (SB RAS) have developed a technique to produce artificial diamonds, which permits to make them a thousand times faster, much faster than the methods used today. The news was broken to reporters by Boris Tolochko, Senior Research Fellow,
