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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Registration for CIBJO Congress 2018 now Open
Milan: Registration for the 2018 congress of CIBJO, the World Jewellery Confederation, is now open. Delegates and other participants may register for the congress via a dedicated congress website located at: http://www.cibjo.org/congress2018. CIBJO’s 2018 annual congress will take place in Bogotá, Colombia, October 15-17, with pre-congress meetings beginning on October 13. Located high in the Andes Mountains at an altitude of
Royal Couple Chooses Platinum Jewellery on its Wedding
Mumbai: Congratulations to the Duke and Duchess of Sussex! According to the official web site of the British Royal Family, both Prince Harry’s wedding band and Meghan Markle’s tiara were set in platinum. Prince Harry said “I Do” with a platinum wedding band featuring a textured finish, from the Cleave workshop. Meghan’s veil was held in place by
Young Consumers & ‘Bridal’ to Drive Platinum Demand
Platinum Guild International (PGI) yesterday published the findings of its 2017 Platinum Jewellery Business Review revealing that two key trends – young consumers, and bridal– are emerging to contribute to platinum demand growth in 2018. Compiled by independent platinum market experts and industry analysts, the survey reports strong consumer retail sales growth in the India, U.S. and Japan for 2017,
Global Demand for Diamond Jewellery Hits New High
Gaborone: Global consumer demand for diamond jewellery hit a new all-time high in 2017, climbing to US$82 billion, a two per cent increase on the previous year, according to industry insight data published yesterday by De Beers Group. The US was the main driver of growth for the fourth consecutive year, where positive macroeconomics and strong consumer confidence saw demand
HRD Antwerp Opens New Office & Lab in Dubai
Dubai: HRD Antwerp, Europe’s leading authority in diamond and jewellery grading and a subsidiary of the Antwerp World Diamond Centre (AWDC), has officially opened its new office and laboratory in Almas Tower, Jumeirah Lakes Towers,Dubai. The opening took place in the presence of H.E. Mr Rik Van Droogenbroeck, Ambassador of Belgium to the United Arab Emirates, and HRD Antwerp’s executive
Sky Gold & Diamonds Reports 90% Growth in Q2
Mumbai: Sky Gold & Diamonds has reported a big growth in its net profit and revenue for the Q2 of FY27. The Company posted a consolidated net profit of Rs. 127.87 crore in the quarter ended September 2026, registering growth of 90.9% from Rs 66.99 crore in the year-ago period. Q2FY27 and H1FY27 Financial Highlights (Consolidated) (All figures in ₹
Unlocking Digital Gold’s US$ 700bn Opportunity
Las Vegas: The digital gold market, worth US$45–55bn today, could unlock up to US$700bn in latent demand, according to new research from World Gold Council (WGC) and Boston Consulting Group. The report points to substantial untapped appetite among retail investors, with nearly nine in ten surveyed saying they would consider digital gold under the right conditions. The US$700bn opportunity represents
Construction of India Jewellery Park, Mumbai Begins
Navi Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) yesterday marked a historic milestone in the development of India Jewellery Park Mumbai (IJPM) with the commencement of construction at Mahape, Navi Mumbai. The ceremony marks the transition of this long-cherished industry vision into the construction phase, bringing India’s ambition to establish a world-class, integrated jewellery manufacturing hub a significant
