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
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
GII Builds Synthetic Diamond Detecting Machine
Mumbai: To address the threat of undisclosed mixing of Synthetic diamonds with Natural Diamonds, the Gemmological Institute of India (GII), a project of Gem & Jewellery Export Promotion Council (GJEPC) and co-sponsored by Bharat Diamond Bourse (BDB) has introduced a new instrument which immediately detects synthetic diamonds. The instrument which has been named as “Quick-Check”, has been indigenously designed by
Russian Manufacturers Request State Support
Moscow: On the eve of the abolition of the 6.5% export duty on diamonds coming on September 1, 2016, Russian diamond cutters said they would need large-scale state support. As the Kommersant Daily came to know, the largest local diamond industry enterprise, which is Smolensk-based Kristall, proposed to introduce new protective market mechanisms, stating that without them, Russian diamond manufacturers
ALROSA Started to Sell 10.9%
Moscow: On Wednesday, Sberbank CIB and VTB Capital (coordinators of the transaction to float the diamond miner’s state-owned shares) opened an order book for purchasing 802,780,000 shares in ALROSA (10.9% of the state-held stock) after yesterday’s trading on the Moscow Stock Exchange closed, according to the company’s report released on the Exchange. Thus, ALROSA became the first company with state
Chow Tai Fook Among Top 10 Luxury Goods Cos.
Hong Kong: Hong Kong-based Chow Tai Fook Jewellery Group Ltd is still among the world’s top 10 luxury goods companies, earning US$8.29 billion in revenues in financial year 2014, data from the 2016 Global Powers of Luxury Goods report showed. The report, released by global business consultancy firm Deloitte, examined the 100 largest luxury goods companies globally based on the
