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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Compensation of Millions Claimed over Diamond Heist
Brussels: Five years after the spectacular theft of diamonds from a Helvetic Airways plane, operator Swiss International Air Lines is demanding 48.4 million francs in compensation, reports thelocal.ch. A lawyer for the airline filed the claim in Brussels on Thursday when the case came before the criminal court, the Swiss news agency SDA reported. In February 2013 heavily armed thieves
Argyle Pink Diamond Coin Unveiled in Berlin
Perth: Rio Tinto and The Perth Mint have unveiled the first pavé set Argyle pink diamond gold coin. Known as The Jewelled Phoenix, the coin is adorned with a delicately sculptured 18ct pink gold Chinese phoenix, hand set with a total of 1.22 carats of rare pink diamonds from Rio Tinto’s Argyle diamond mine in the east Kimberley region of
Trade Expresses Mixed Reactions to India’s Budget
Mumbai: India’s Finance Minister Mr. Arun Jaitley yesterday presented the nation’s annual budget in the parliament. Various trade bodies of the gem & jewellery industry have sent their reactions which we put here in compilation: GJEPC: The newly elected Chairman of Gem & Jewellery Promotion Council (GJEPC) Mr. Pramod Agarwal said, “We welcome the Government’s development oriented Budget that will
Edi Faltz Becomes New President of WJH
Panama: The membership of the World Jewelry & Diamond Hub (WJH), Panama, Latin America’s first and only diamond exchange, has elected Edi Faltz as its new President. He replaces Mahesh Khemlani, who served in the position since September 2015. The vote took place on January 10, following an earlier decision by the diamond exchange’s management, which appointed an Election Committee
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
