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
WDC Supports OECD Due Diligence Guidance
New York: The World Diamond Council (WDC), an industry group focused on preventing conflict diamonds from entering the legitimate global supply chain and protecting the value of natural diamonds, announced today its support of the Organization for Economic Co-operation and Development (OECD) Due Diligence Guidance (DDG) at the Annual OECD Forum on Responsible Mineral Supply Chains. “The World Diamond Council
AWDC & ALROSA Sign New Cooperation Agreement
Moscow: On April 24, during the City of Antwerp’s Mission to Russia, organized in cooperation with the Port of Antwerp, leading partner Antwerp World Diamond Centre (AWDC) signed a cooperation agreement with the world’s leading diamond mining company, ALROSA. Leading this mission emphasizes AWDC’s commitment to safeguarding Antwerp’s position as the leading trade hub in the diamond industry, and
De Beers’ Production Goes Up by 15% in Q1
Gaborone: De Beers lifted its rough diamond production by 15 percent to 8.5 million carats in the first quarter of 2018 compared with 7.4 million carats, a year earlier, according to its parent company, Anglo American. The diversified mining group said that the increase in De Beers’ production reflects the ramp-up of production from Gahcho Kué in Canada, which reached
Mugabe Summoned by Zimbabwe Parliament
Harare: Former Zimbabwe President Robert Mugabe has been summoned to appear before a parliamentary committee next month to account for diamond corruption and lost government revenues. If Mugabe, who is 94, does appear before the committee, it will be his first public appearance since his resignation last November. “We have set May 9 as the date on which he will
Limira Enters Jewellery Market with E-commerce-only Model
Surat: LIMIRA, a new-age, design-led lab-grown diamond jewellery brand, announced its launch in India with an e-commerce-only model built around design, individuality and storytelling transparency. The brand brings modern diamond jewellery directly to consumers, creating a digital-first experience designed around how consumers increasingly discover, evaluate and purchase jewellery. The launch comes at a time when India’s diamonds and jewellery industry
GJC Seeks Immediate Review on Hallmarking Charges
Mumbai: All India Gem & Jewellery Domestic Council (GJC) has expressed strong concern over the increase in gold hallmarking charges from ₹45 to ₹75 per article and has urged the Government and the Bureau of Indian Standards (BIS) to immediately review the decision and retain the existing charge pending stakeholder consultation. The increase has been notified through the Bureau of Indian Standards (Hallmarking) Amendment Regulations, 2026,
The Solitaire Festival of India’26 Concludes on High Note
Mumbai: Divine Solitaires has successfully concluded the 2026 edition of The Solitaire Festival of India (TSFI), its flagship annual consumer and retail engagement initiative, following a month-long celebration from 1st to 31st August2026. With participation from over 200 partner jewellery stores across 100+ cities in India, the festival brought together consumers and retail partners through a nationwide celebration of natural diamond
QDE Extends Bourse Network into Europe
Vicenza: The Qatar Diamond Exchange (QDE) has signed a Memorandum of Understanding (MoU) with Borsa Diamanti d’Italia (Diamond Bourse of Italy), establishing a strategic partnership between the two bourses. The agreement was signed during the CIBJO Centenary Congress, held in Vicenza, Italy, from 4 to 7 September 2026, by Ghanim Nasser Al-Saadi, Director of the Qatar Diamond Exchange, and Luigi
