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 Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors
Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly
Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors
Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly
Top News
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
BDB Launches its Official E-Newsletter
Mumbai: Mr. Bhushan Gagrani, IAS, Commissioner of the Brihanmumbai Municipal Corporation yesterday launched the first edition of ‘BDB e-News’, the official e-newsletter of Bharat Diamond Bourse (BDB). The newly launched news platform is part of a planned strategic upgrade in BDB’s use of digital communications to boost dissemination of information and stakeholder engagement. The launch took place at a special
India’s G&J Exports Remain Stable in Apr 25 Jan 26
Mumbai: India’s gem and jewellery (G&J) exports remained broadly stable during April 2025–January 2026, reflecting resilience amid global trade headwinds and tariff-related pressures in key markets. Overall gross exports stood at US$ 23.19 billion (₹2,03,280.72 crore), registering a marginal decline of 0.64% in dollar terms while growing by 3.57% in rupee terms, compared to exports of US$ 23.33 billion (₹1,96,277.49
GJEPC Felicitated Piyush Goyal and Jitin Prasada
New Delhi: A delegation of India’s Gem & Jewellery Export Promotion Council (GJEPC), led by its Chairman Mr. Kirit Bhansali recently felicitated Commerce & Industry Minister Mr. Piyush Goyal and MoS Mr. Jitin Prasada in New Delhi on the successful completion of the India–USA Interim Agreement. The conversations were directed toward scaling exports and fortifying India’s gem & jewellery trade
DDE’s Peter Meeus Hits Back at PAC Claims
Dubai: Dubai Diamond Exchange Chairman Peter Meeus replied to what he called “serious allegations” made by Partnership Africa Canada about Dubai at the Kimberley Process (KP) Intersessional meeting taking place in Shanghai. “First of all we were surprised to see that Mr. Martin quoted an FAFT (Financial Action Task Force) report on ML/TF (Money Laundering/Terrorism Financing) of 150 pages in
Israel Exchange to Create Code of Ethics
Ramat Gan: In what appears to be a ground-breaking move for a diamond bourse, the Israel Diamond Exchange (IDE) has begun moves to create a code of ethics by which its members would be expected to operate. At a meeting at the bourse, IDE President Shmuel Schnitzer and management members discussed the creation of such a code with Israeli experts
China’s Jewellery Sales Accounted for 41%
Beijing: Mainland China is a major jewellery consumer in the world. According to the recently released China Jewellery Industry Report, 2013-2016, last year jewellery sales in Chinese Mainland approximated $75.8 billion, which is equivalent to 41.2 % of the global consumption. In Mainland China, the gold jewelry consumption accounts for about 50% of the total jewellery consumption. In 2013, two
Gold Smuggling in India May Fall to 50 Tonnes
Mumbai: Going by the seizures of gold which has increased four times in 2013-14, intelligence agencies have estimated gold smuggled in the country around 50 tonnes in 2013-14 which is way lower from the estimated by the World Gold Council (WGC), reports The Business Standard. WGC had estimated nearly 200 tonnes of gold entered India unofficially. Trade circles have been
