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
Top News
PGI Launches Campaign for New Evara
Mumbai: Platinum Guild International (PGI) launched a stirring new integrated advertising and marketing campaign to promote the all new range of its brand Platinum Evara. The campaign targets the millennial bride and groom who today prefer platinum jewellery for its subtlety and, its emotional quotient. The campaign is a 360 degree program led by a new TVC, and supported by
Richa Singh Appointed MD of DPA India
Mumbai: The Diamond Producers Association (DPA), an alliance of seven of the largest diamond mining companies globally, announces the appointment of Richa Singh as its Managing Director for India with immediate effect. Richa Singh joins DPA from L’Oreal and will be overseeing all the activities of the DPA in India, a market of great importance to the organisation. Richa Singh
Gemfields' Ruby Auction Generated US$55 mln.
Singapore: Pallinghurst’s 100% owned subsidiary Gemfields will collect US$54.96 million from an auction held last week – the highest figure attained at any Gemfields auction. The auction of rough rubies was held in Singapore from 6 – 10 November 2017. The rough rubies were extracted by Montepuez Ruby Mining Limitada (MRM), which is 75% owned by Gemfields and 25% by
De Beers’ 9th Cycle Provisionally Valued $455
Gaborone: De Beers sold rough diamonds with a provisional value of $455 million in the ninth sales cycle (Global Sightholder Sales and Auction Sales) of 2017, with the miner reporting a rise in demand ahead of the holiday season. Bruce Cleaver, CEO, De Beers Group, said, “Following a seasonally quieter period for rough diamond sales, Cycle 9 saw an uptick
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
