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Israel’s Diamond Industry Under Severe Pressure

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With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a

With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
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IIGJ Inaugurated in Varanasi
Varanasi (UP, India): The Indian Institute of Gems and Jewellery (IIGJ), Varanasi, an educational venture of the Gems and Jewellery Export Promotion Council (GJEPC) starts its maiden operation in the historical city of art and culture, Varanasi. The premier Gem & Jewellery Institute was Inaugurated by Chief Minister of Uttar Pradesh, Mr. Adityanath Yogi & Mr. Amit Shah, BJP President

Mujeres Billantes World Tour 2018
Panama: Mujeres Brillantes, an association founded in 2016 that serves as an empowering platform for women jewelers around the world, starts this new year with the right foot. As a new year brings new goals, Mujeres Brillantes welcomed 2018 with its first World Tour. Reaffirming her commitment to Mubri, Ali Pastorini, founder and president, started the tour in Panama where

WFDB Congratulates New Officers of GJEPC
Antwerp: World Federation of Diamond Bourses (WFDB) President Ernie Blom has expressed his congratulations to the newly elected President and Vice-President of India’s Gem and Jewellery Export Promotion Council (GJEPC) following elections for the top positions. Pramod Kumar Agarwal has been elected as Chairman for the period of 2018 to 2020, while Colin Shah has been elected as the Vice

India Reduces GST on Polished Diamonds
Mumbai: The sharp cut in the rate of GST (Goods and Services Tax) on polished diamond has brought much cheer to processors and jewellery exporters. Around 94 per cent of the diamonds processed in the country would attract 0.25 per cent GST effective Friday, down from three per cent earlier, following the GST Council’s decision in this connection on Thursday.

JGW September Gets 4.5% Jump in Attendance
Hong Kong: JGW September (Jewellery & Gem World Hong Kong September) wrapped up yesterday shattering post-pandemic records, welcoming 57,632 “unique” buyers during its week-long run across two locations − a 4.5% increase over the previous edition, show organizer Informa Markets announced today. Staged as a massive dual-venue showcase, the B2B event ran from 14 – 18 September at the Asia

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
