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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Zimbabwe Doubles Diamond Production in 2017
Harare: The government of Zimbabwe reports it has doubled its diamond production to 1.8 million carats in 2017, from 961,000 carats in 2016, the drop in production exacerbated by Zimbabwe’s merging of diamond mining companies previously operating in Chiadzwa diamond fields into the Zimbabwe Consolidated Diamond Company (ZCDC). The rise in diamond production is expected to translate into increased economic
GST Raids on Diamond Couriers in India
Mumbai: Transportation of rough and polished diamonds between Mumbai and Surat have come to a halt after the Goods and Services Tax department (GST) raided several angadias, or traditional couriers who ferry the goods between the two cities, according to a report published in The Tribune. According to traders here, officials from the GST and Central Excise department raided more
Gemfields-FABERGÉ Unveil Laser-Inscribed Emerald
London: Gemfields and Fabergé have unveiled what is believed to be the world’s first emerald, laser-inscribed with traceability information and a personalised message. The 4.11 carat, lively green emerald-cut gemstone was mined at Gemfields’ Kagem emerald mine in Zambia. The gem was then acquired and mounted by Fabergé as a custom-crafted item for the successful winner of a charity auction
PNG Jewellers Arranges Meet & Greet With Salman
Mumbai: Recognized by its originality and their customer centric services across the globe, P.N. Gadgil Jewellers orchestrates a ‘Meet-and-greet with Bollywood Superstar Salman Khan’ on 12th January, 2018 during the launch of its 27th store at Pimpri, Pune. As a part of the Diwali’17 campaign offered by P.N. Gadgil Jewellers from 21st September, 2017 till 31st, October 2017 on making
India’s G&J Industry Welcomes GST Reforms
Mumbai: The Indian Gem & Jewellery industry (G&J) expressed its sincere gratitude to India’s Finance Minister Mrs. Nirmala Sitharaman for the landmark GST reform recommendations approved at the 57th GST Council meeting. These progressive recommendations are a significant step towards enhancing ease of doing business, strengthening export competitiveness and creating a more enabling environment for the growth of India’s Gem
Momentum is Building for Basilia Jewellery & Watch Fair
Basel: Three months after its launch, it is clear that Basilia Jewellery & Watch Fair, organised by Informa Markets and MCH Group, meets a strong need with its gateway trade fair for the jewellery, watch and gemstone industries in Asia and Europe. Strong market demand has already brought exhibitor registrations to 70% of the target for the inaugural edition, which
Men of Platinum Expands Collection with New Designs
Mumbai: Platinum Guild International (PGI) India has unveiled a new Men of Platinum collection featuring chains, pendants, bracelets and rings designed for men at different stages of their journey. Endorsed by Rohit Sharma and Anirudh Ravichander in the brand’s new campaign, the collection brings to life a central belief: enduring success is forged through character—the conviction to forge your own
De Beers and Botswana Extend Partnership with Letsile Tebogo
London: De Beers Group and the Government of the Republic of Botswana today announced the extension of De Beers’ partnership with Olympic champion and Botswana sporting icon Letsile Tebogo. Originally launched in January 2025, when Tebogo was appointed a De Beers Global Ambassador, the partnership has now been expanded into a three-year programme of work between De Beers and the
