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 $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
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Edward Asscher Announces Candidacy for VC of the RJC
Amsterdam: Edward Asscher, the incumbent Vice Chair of the Responsible Jewelry Council (RJC), announced that he will run for another term in the position. In a letter to the RJC membership, he noted that the diamond, gem, and jewellery industry would be facing greater commercial challenges than ever before. “After serving four years as Vice Chair, I continue to argue
Industry Expectations on Akshay Tritiya Sales
Mumbai: Akshay Tritiya is one of the most auspicious days in the Hindu calendar to buy gold, symbolizing lasting prosperity and wealth. Gold prices have risen significantly (nearly 60% up from last year) with 24K hovering around ₹1,55,570 per 10g in mid-April 2026. Digital gold, coins, and jewelry are popular purchasing options. Despite high prices, demand remains high as gold
India’s G&J Exports Grew During April’25 & Mar’26
Mumbai: India’s gem and jewellery exports for the financial year April 2025 – March 2026 stood at ₹2,44,827.26 crore, registering a growth of 0.93% in rupee terms compared to ₹2,42,559.39 crore in the previous financial year. In dollar terms, exports were recorded at US$ 27.72 billion, reflecting a moderate decline of 3.32% year-on-year. The performance comes amid a year marked by geopolitical
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
Divine-7801 Brahma Vajra Kamalam to be Auctioned
Mumbai: The New Guinness World Record for Most Diamonds Set in One Ring was achieved in September, 2020 by Kotti Srikanth, owner of The Diamond Store by Chandubhai (A unit of Hallmark Jewellers) in Hyderabad, India. The ring with a total of 7,801 natural diamonds is set to go for auction online from 13th November to 22nd November 2020. The registrations for bidding shall commence from 2nd November 2020. The
2nd Virtual IGCM Explores Opportunities with Colombia
Mumbai: After the successful India Global Connect meet with the UK, India’s Gem and Jewellery Export Promotion Council (GJEPC) organised the second edition of the India Global Connect Meet (IGCM) with Colombia on 28th October. His Excellency Sanjiv Ranjan, Ambassador of India to Colombia; Mr. Suresh Kumar, Joint Secretary, MOCI; Mr. Jaime Mantilla, Executive President of the Colombia India Chamber of Commerce
GTL, Jaipur Recalibrates to Offer World-Class Services
Jaipur: The Gem Testing Laboratory (GTL), Jaipur being operated by the Gem & Jewellery Export Promotion Council (GJEPC) for 48 years at Rajasthan Chamber Bhawan, M.I. Road has taken a leap, turning into a world-class laboratory, with infrastructure at par with most of the internationally established and renowned gemmological laboratories. The laboratory is now housed in a sprawling 10,000 sq
India’s Gold Jewellery Demand Halves in Q3: WGC
Mumbai: India’s total gold demand in Q3 2020 was down 30% to 86.6 tonnes year-on-year, which underscores the likelihood that the country may register its lowest annual gold consumption on record, according to the World Gold Council (WGC). Third-quarter demand was nonetheless 35% higher than Q2 2020 partially due to easing of lock down and some low prices in August
