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
Top News
De Beers Destroying Transparency: Rapaport
Mumbai: De Beers Group is refusing to allow its clients to disclose the legitimacy of diamonds from De Beers. In a Press Release received by G2J, Rapaport claims that all De Beers’ rough diamonds are now opaque. That’s 42% of the world’s legitimate diamond production in 2017, and $14.993 billion of rough diamonds from 2015 through 2017. In a letter
HRD Antwerp & Russia Sign Cooperation MoU
Antwerp: In the context of the KP Intersessional taking place this week, which has brought the diamond world to Antwerp, the Ministry of Finance of the Russian Federation, represented by the Deputy Minister of Finance of the Russian Federation Aleksey Vladimirovich Moiseev, signed a Memorandum of Understanding (MoU) with HRD Antwerp for the establishment of an HRD Antwerp diamond grading
Eli Avidar Appointed President of Carats.io
Ramat Gan: The Board of Directors of Carats.io has announced that it has appointed Eli Avidar as president of the company. Mr. Avidar, who served until recently as managing director of the Israel Diamond Exchange and the Israel Diamond Institute, is currently vice president of CIBJO, The World Jewellery Confederation. In the past he held a number of top level
UK Clears Extradition Process against Nirav Modi
London: India has been informed by the UK’s Crown Prosecution Service (CPS) that it can initiate extradition proceedings against Indian diamantaire Nirav Modi even though his exact whereabouts remain uncertain, a senior Indian official said today. According to The Times of India, the Central Bureau of Investigation (CBI) has begun the process of filing an extradition request for Modi, which
Did Natural Diamond Ind. Misjudge LGD Threat?
The natural diamond industry is finally confronting a question it perhaps should have asked much earlier: Did it underestimate the speed, scale and nature of the laboratory-grown diamond (LGD) revolution? For years, laboratory-grown diamonds (LGDs) were treated by much of the natural diamond industry as a niche product—an inexpensive alternative with limited appeal to serious jewellery consumers. The assumption was
India’s G&J Exports Rise 2.44% in April–July 2026
Mumbai: India’s gross gems and jewellery (G&J) exports for the April–July 2026 period stood at US$ 9.17 billion (Rs. 87,078.01 crore), registering 2.44% growth in US Dollar terms and 13.58% growth in Rupee terms over the corresponding period last year, according to figures provided by Gem & Jewellery Export Promotion Council (GJEPC). The growth has been led by value-added segments.
Russia Plans Europe’s Largest Diamond Cutting Cluster
Moscow: Russia is planning to create the largest cluster of diamond-cutting facilities in Europe, in a move aimed at retaining more value from its stones. The cluster will combine Alrosa’s Kristall cutting plant in Smolensk with facilities in the Republic of Sakha (Yakutia), Russia’s main diamond-producing region. President Vladimir Putin formalized the plan in an executive order signed August 6.
Sky Gold & Diamonds Unveils Innovative Designs
Mumbai: Sky Gold & Diamonds showcased its strong focus on innovation and design excellence at IIJS Premiere 2026, unveiling a diverse portfolio of products reflecting evolving consumer preferences and market trends. The showcase was attended by Mr. Rajesh Kalyanaraman, Executive Director, Kalyan Jewellers, and Mr. Ba Ramesh, Joint Managing Director, Thangamayil Jewellery Ltd., along with Sky Gold & Diamonds’ Directors
