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
Will Diamond Prices Slump 10% in 2018?
Mumbai: Diamonds are set to slump further, according to a hedge fund whose bet on marijuana made it the world’s best performer in 2016. Prices of the precious gem may slump as much as 10 per cent this year as it loses appeal with younger consumers and faces challenges from synthetic alternatives, said Singapore-based Ben Cleary, who co-manages the $500
Q4 Recovery Fails to Mitigate Full Year Declines in '17
Mumbai: Gold demand rallied in the closing months of 2017, gaining 6% year-on-year in Q4 to reach 1,095.8 tonnes (t). However, overall demand for the full year fell by 7% to 4,071.7t, compared with 2016, according to the World Gold Council’s (WGC) latest Gold Demand Trends report. Inflows into exchange-traded funds (ETFs) continued steadily throughout the year, totalling 202.8t, but
IDE Dedicates Diamond Tech Innovation Center
Ramat Gan: On the second day of the 7th International Diamond Week (IDWI), the Israel Diamond Exchange (IDE) officially launched its new innovation center Diamond Tech. The technological incubator, located within the IDE complex, will host and support diamond related start-ups in a variety of fields. Through this initiative, IDE will promote new technologies that will bring added value to
Nirav Modi Booked in Bank Cheating Case
New Delhi: The Central Bureau of Investigation (CBI) has booked billionaire jeweller Nirav Modi, his wife, brother and partners for allegedly cheating Punjab National Bank (PNB) of Rs. 280.7 crore, reports the livemint. The agency acted on a 29 January complaint from the state-owned lender, which alleged these people conspired with some of its own officials, causing the bank “wrongful
India & France Explore New Frontiers in Luxury Jewellery
Paris: India’s Gem & Jewellery Export Promotion Council (GJEPC) brought 17 curated Indian fine jewellery companies to Paris, with the India–EU trade agreement lending fresh momentum to business partnerships, creative exchange and brand-building across France’s luxury ecosystem. The pitch was partnership, not just supply. India is looking to deepen its place in the global luxury conversation—not simply as a leading
GJEPC Partners with The Leela: Offers Benefits to Members
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has entered into a strategic alliance with The Leela Palaces, Hotels and Resorts to provide exclusive hospitality benefits to its members, marking the Council’s first partnership with a hotel group. The association is designed to support members’ business and personal travel needs, offering special pricing, room upgrades, hotel credits, dining and
India’s G&J Exports Grow 9.43% in September 2026
Mumbai: India’s gem and jewellery (G&J) exports continued their growth trajectory in September 2026, with gross exports rising 9.43% in US dollar terms and 18.24% in rupee terms year-on-year to US$ 2.95 billion (Rs. 28,157.55 crore), compared to US$ 2.70 billion (Rs. 23,813.91 crore) in September 2025. For April–September 2026, India’s gross gem and jewellery exports reached US$ 14.30 billion
Rohit Sharma, Anirudh Ravichander Star in Platinum’s New Campaign
Mumbai: Platinum Guild International (PGI) India unveiled a new campaign for its men’s jewellery brand Men of Platinum, featuring cricketer Rohit Sharma and music composer Anirudh Ravichander. The campaign signals an expansion of the men’s platinum jewellery category, speaking to a wider spectrum of men—from those seeking contemporary, design-led pieces as an expression of personal style to those drawn to
