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
Divine Solitaires, SGL Launch ‘Know Your Diamond’ Zone
Mumbai: The initiative equips Divine Solitaires’ reputed partner jewellers with advanced screening technology that can help verify key characteristics of diamonds,including whether a diamond is natural or laboratory-grown, checking laser inscriptions andverifying Hearts & Arrows (H&A). The screening machines will be provided as inventory to premium Divine Solitaires partner jewellers, enabling consumers to access the technology free of charge at
Sky Gold & Diamonds Acquires Purvi Gems
Mumbai: Sky Gold & Diamonds Ltd., (Sky Gold) one of India’s leading jewellery manufacturers and exporters, has successfully completed the acquisition of 100% equity shares of Purvi Gems & Jewellery (India) Private Limited, a company engaged in the manufacturing of uncut and precia jewellery and related products. Following the completion of the acquisition on October 7, 2026, Sky Gold is
‘UNNATI’ to Power Women in G&J Industry
Surat: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of India’s gem and jewellery industry, yesterday launched ‘UNNATI – Powering Women in Gems & Jewellery’, a national mission to drive women in the sector learn, lead and grow as skilled professionals, entrepreneurs and future leaders. Beginning with its Gujarat chapter at Sardar Patel Smruti Bhavan, Surat, UNNATI
QDE Widens its Scope with CIBJO Membership
Doha: The Qatar Diamond Exchange (QDE) has been admitted to membership of CIBJO, the World Jewellery Confederation (CIBJO), the international jewellery industry’s principal representative and standards-setting body. QDE joins as a National Association Member, extending the exchange’s international standing beyond the diamond trade into the wider diamond, coloured gemstone and jewellery sector. QDE’s membership was approved in CIBJO’s centenary year.
