We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Despite the Fed’s First Rate Hike Since 2023, Indian Gold & Silver Rise as Oil Drives Prices
Macro Snapshot: Federal Reserve raised its target range by 25 basis points to 3.75% to 4.00% on 16 September, a unanimous 12-0 vote and the first increase since July 2023. Updated projections showed 16 of 18 participants expecting at least one further hike before the end of 2026, put the median path at 4.1% for both 2026 and 2027, and pencilled headline PCE inflation at 3.7% for 2026 with no return to the 2% target until 2029. Bond and currency
Despite the Fed’s First Rate Hike Since 2023, Indian Gold & Silver Rise as Oil Drives Prices
Macro Snapshot: Federal Reserve raised its target range by 25 basis points to 3.75% to 4.00% on 16 September, a unanimous 12-0 vote and the first increase since July 2023. Updated projections showed 16 of 18 participants expecting at least one further hike before the end of 2026, put the median path at 4.1% for both 2026 and 2027, and pencilled headline PCE inflation at 3.7% for 2026 with no return to the 2% target until 2029. Bond and currency
Top News
US & Japan to Invest $550 bln. on Synthetics
New York: The governments of the United States and Japan are reportedly considering directing a portion of a proposed $550 billion investment package toward establishing synthetic diamond production in the U.S., as part of a broader effort to strengthen critical technology supply chains. At the heart of the initiative is a planned synthetic diamond manufacturing facility in the United States,
The Tariff is Illegal: US Supreme Court
Washington: US trading partners, including India, that have reached tariff deals with Donald Trump’s administration before the Supreme Court verdict, will now face a 10 per cent duty, despite higher levels they may have agreed on previously, the White House has said. The certification came after the US Supreme Court struck down Trump’s sweeping and often arbitrary duties, delivering a
PNG Jewellers Receives IAGES Accreditation
Mumbai: India’s gold industry is set to achieve the highest standards of ethical and responsible business practises followed, as more gold entities receive their Indian Association for Gold Excellence and Standards (IAGES) accreditation. Joining the fast-growing pan India network of verified gold retailers is the leading legacy brand PNG Jewellers (PN Gadgil Jewellers Ltd) that has received its IAGES accreditation.
De Beers Unveiled “Voyage Through the Diamond Realm”
New Delhi: De Beers unveiled “Voyage Through the Diamond Realm,” at India Art Fair 2026. The immersive installation invites audiences to explore the mythical origins of diamonds. Through visual storytelling, scenography and soundscapes, the installation reveals the living heritage of diamonds, their cosmic and earthly journeys across time. Positioned at the intersection of art, nature and human expression, the experience
GJEPC Flays Surat Diamantaires on Bourse Plan
Mumbai, 22nd May: The Gems and Jewellery Export Promotion Council (GJEPC), of India has criticized the move by some diamantaires in Surat to shift their Mumbai operations to the proposed Surat Diamond Bourse (SDB) in Surat, reports The Times of India. GJEPC chairman Vipul Shah said, “It is not the prerogative of 50 diamantaires to decide and win over others
India Raises Import Tariff Value of Gold, Silver
Mumbai: India has raised its import tariff value of gold and silver on Wednesday. Indian government has trimmed its import tariff value of gold from $421 per ten grams to $431 per 10 grams and silver from $644 per kilo gram to $ 646 per kilo gram, said the ministry of finance. Import tariff value is the base price on which
Zimbabwe Diamond Output, Sales Dipped in 2013
Harare: Zimbabwe’s diamond output declined 26.1 percent to 8.9 million carats last year, according to Equity Communications, reports Rough&Polished. The Harare-based research company said in a statement emailed told Rough&Polished that Zimbabwe was the only “major” diamond producer, which experienced a “sharp” decline in production and sales last year. It said diamond production in the Southern African country took a knock
JNA Awards 2014: Deadline for Entries Extended to 8th May
Hong Kong: JNA Awards, the annual industry-wide event that honors the innovators and leaders of the international jewellery industry, with a focus on their achievements and contribution in Asia, has now extended the deadline for accepting entries up to 8th May, 2014, an official press release issued by the organizer says. Individuals or companies may submit their entries or on behalf
