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
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Set New Export Target of $75 Bln by '22: Suresh Prabhu
Mumbai: The Union Minister for Commerce & Industry and Civil Aviation Mr. Suresh Prabhu said that India’s exports in the year 2017-18 were the highest in last six years. He added that India’s exports have been growing at a higher rate in the last few months. He said that if we continue with this pace, India may be able to
GIA to Present Product & Service Developments at IIJS
Mumbai: GIA India will present laboratory and education offerings, live demonstrations of the GIA iD100 gem testing device, complimentary seminars and more at the India International Jewellery Show (IIJS) from 9-13 August, 2018 at Bombay Exhibition Centre, Mumbai. To learn more about GIA India’s offerings, visitors can step in to Booth #1D066 and Booth #2B003. Live demonstrations of GIA iD100, which
PNG Jewellers Reveals Plans for Rapid Expansion
Mumbai: In a bid to take its legacy to even greater heights, PNG Jewellers announced its plans to initiate a franchise model for the first time at a recent press conference. Named ‘IFO-Initial Franchise offering’, the programme aims to intensively increase the penetration of the jewellery brand in both Tier I and Tier II cities in Maharashtra within the next
5 Carat+ Grading Service at Mumbai by HRD Antwerp
Mumbai: Diamond grading for higher carats has traditionally been a time consuming and costly process for the traders who send in their stones to the labs overseas and further await the grading reports that are sent from international locations thereby adding to the time lines. There has been a constant demand to make higher grading available within India. This emerges
Qatar Diamond Exchange Broadens Asian Presence
Doha: The Qatar Diamond Exchange (QDE) has signed a Memorandum of Understanding (MoU) with the Diamond Federation of Hong Kong, China (DFHK), establishing a strategic partnership between the two organizations. The agreement was formalized in Hong Kong by Ghanim Al-Saadi, Director of the Qatar Diamond Exchange, and Lawrence Ma, President of DFHK. Founded in 2000, DFHK represents Hong Kong’s diamond
Diamonds for Development Fund Receives Initial Funding
Gaborone: The Government of the Republic of Botswana and De Beers Group yesterday announced that De Beers Group has transferred its initial contribution of BWP1 billion to the Diamond for Development Fund, marking a major milestone in the progress of the Fund and its mandate to support Botswana’s long-term economic diversification. The disbursement follows the establishment of the Fund’s governance
De Beers Reports Lower Q3 Output
London: De Beers reported an 11% year-on-year decrease in rough diamond production to 6.8-million carats for the quarter ended September 30, primarily driven by planned plant maintenance at Orapa, in Botswana, and a slowdown at Venetia, in South Africa, ahead of a planned two-year production pause. Operational Performance: De Beers notes that rough diamond production was 11% lower at 6.8
New FEMA Guidelines to Exporters Explained
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in association with IndusInd Bank, organized a webinar on 16 October 2026 to explain the revised Foreign Exchange Management Act (FEMA) guidelines and their implications for the gem and jewellery trade. Prakash Kumar Rath, Head – Gems, Jewellery and Diamond Division, IndusInd Bank, addressed key changes under the revised framework, which
