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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‘Impact’ Leaves Kimberley Process
Brisbane: Impact, a founding member has withdrawn from the Kimberley Process (KP), claiming that the conflict diamond certification scheme has lost its legitimacy. Impact says the internal controls used by governments do not provide the evidence of traceability and due diligence needed to ensure a clean, conflict-free, and legal diamond supply chain. “Consumers have been given a false confidence about
GJEPC & DMCC Working out Cooperation
Singapore: India’s Gem and Jewellery Export Promotion Council (GJEPC) is working with the Dubai Multi Commodities Centre (DMCC) to set up goods delivery standards for gold and diamond trade, a senior industry official said here. According to a report published in businessworld.in, gold and diamond form a major part of the multi-faceted trade and commerce relationship between India and the
ALROSA Recovers 98.63-Carat Large Diamond
Moscow: ALROSA has recovered a large gem-quality diamond of 98.63 carats from Jubilee (Yubileynaya) pipe. The company’s business unit Aikhal Mining and Processing Division (MPD) extracted this diamond at the processing plant No.14. A transparent yellow-tinted octahedron crystal with inclusions of olivine, graphite and sulphide measures 28.96 х 28.03 х 27.30 mm. Director of the United Selling Organization (USO) ALROSA
AWDC-Bain & Co. Present Global Diamond Report
Moscow: Bain & Company’s seventh annual Global Diamond Report finds rough-diamond players are likely to increase their marketing spend by about 50 percent over previous years to promote the diamond story Diamond producers staged a strong comeback in 2016 with demand for rough diamonds spurring a 20 percent increase in revenues as mining companies sold down inventories accumulated in 2015.
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
