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
India Harmonizes GST for Rough Diamonds
Mumbai: The GST Council in its 21st meeting held on 9th September 2017 has recommended changes in the rate structure of various items including products falling under Chapter 71. As per the GST rates announced for rough diamonds the industrial and unsorted rough diamonds has been classified under 3% rate of GST and non-industrial rough diamonds were classified under 0.25%
Synthdetect Now Available to Retailers
London: The International Institute of Diamond Grading & Research (IIDGR), a De Beers Group company, has announced that the industry’s first synthetic screening device for set jewellery, SYNTHdetect, is now available for delivery. SYNTHdetect is the only synthetic screening device that has been designed specifically for jewellery retailers, allowing them to quickly and easily ensure the authenticity of the diamonds
ITC to Host Gem Diamonds Rough Tender
Ramat Gan: The Israel Diamond Exchange (IDE) International Tender Center (ITC) will host Gem Diamonds’ first tender of high quality Letšeng production outside of Antwerp. The tender will feature large high value rough diamonds (+10.80 ct) from the Letšeng mine in Lesotho. The viewing will take place at the ITC in theIsrael bourse complex from October 15 – 18, 2017.
AWDC Denounces Accusations
Antwerp: The Antwerp World Diamond Centre (AWDC) denounces accusations made by Global Witness earlier yesterday regarding three shipments of diamonds from Zimbabwe which were traded in Antwerp between December 2013 and September 2014. According to Global Witness, European sanctions that are enforced against Zimbabwe may have been violated, because of the sale of three shipments of Zimbabwean diamonds in Antwerp,
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
