We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
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IIGJ Presents Glimpz’26 Annual Award Ceremony
Mumbai: The Indian Institute of Gems & Jewellery (IIGJ) presented Glimpz’26, its annual exhibition and awards ceremony showcasing the graduating batch of B.A. in Gems & Jewellery Design (2023–26).Held at the Bharat Ratnam – Mega CFC Auditorium, the event brought together industry leaders, mentors, and emerging design talent on a common platform—celebrating creativity, craftsmanship, and the future of Indian jewellery.
End of Diamond Production at Diavik Mine
Toronto: Diamond production at the Diavik mine, in Canada’s Northwest Territories, came to an end last week after 23 years. It produced over 150 million carats during its lifetime, more than either of NWT’s other mines – Ekati (owned by Burgundy) and Gahcho Kue (joint venture, De Beers and Mountain Province ). The closure on Thursday, 26 March 2026, also
GJEPC to Organize ‘Design Inspirations’ on 9th April
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) has organized ‘Design Inspirations’ event on 9th April, 2026 at Bharat Ratnam Mega CFC, Mumbai. The design seminar invites a galaxy of eminent speakers to share their insights on a wide range of topics. The workshop aims to provide the industry with relevant updates, enabling them to plan their designs and
IIJS Bharat Tritiya 2026 Ends with Great Success
Bengaluru: The 4th edition of IIJS Bharat Tritiya 2026, organized by India’s Gem & Jewellery Export Promotion Council (GJEPC), concluded on a triumphant note at the Bengaluru International Exhibition Centre (BIEC), solidifying its position as India’s third-largest B2B jewellery exhibition. The show witnessed a massive scale-up, hosting over 1,100 exhibitors and 1,900 stalls, while attracting 15,000 trade buyers from 500
IDI Readies for Anti-Money Laundering Law
Ramat Gan: Israel Diamond Exchange members will soon be subject to government supervision of cash payment policies as part of new anti-money laundering regulations, state Diamond Controller office Shmuel Mordechai told bourse members on Tuesday, according to the IDE website. The first part of the new policy goes into effect on September 15. By mid-October, IDE members will be subject
India’s Gold Schemes Get Govt. Approval
New Delhi: The cabinet of the government of India today announced the launch of Gold Sovereign Bonds (GSB) and a separate Gold Monetization Scheme (GMS) in a bid to lure away Indians from buying physical gold. Both the gold schemes announced today were part of the annual Budget proposal. The salient features of both the gold schemes are: The sovereign
India’s Diamond Industry Affected: Vipul Shah
Mumbai: India’s diamond industry has been affected due to a 40 per cent fall in demand from slowdown-hit China, industry body GJEPC said. “We are feeling the pinch of slowdown in Chinese demand for diamond jewellery. Our market share in China has come down by 40 per cent due economic slowdown,” Gem and Jewellery Export Promotion Council (GJEPC) Chairman Vipul
Gemfields’ Emerald Auction Realizes $34.7 Million
Singapore: Miner Gemfields said results from its recent auction held in Singapore met expectations. The gems were extracted by Kagem Mining, which is 75% owned by Gemfields and 25% by the government of Zambia, according to a report by StockMarketWire.com. The auction also included higher quality amethyst from Kariba Minerals Ltd in which Gemfields has a 50% interest, with the
