We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
Top News
MIJEX Being Organized from 24th Oct 2017
Muscat: Oman International Exhibition Centre is proud to announce the 8th Muscat International Jewellery Exhibition 2017 (MIJEX) to take place on October 24-28, 2017 at Oman Convention and Exhibition Centre, Muscat, Oman. MIJEX has been organized and well received among traders and buyers for seven consecutive years as the exhibition features a wide range of masterpiece jewellery from various leading
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.
GJC Gets New Office in Mumbai
Mumbai: The All India Gem & Jewellery Domestic Council (GJC), representing over six lakh jewellers across India, marked another significant milestone in its journey with the inauguration of its new office at Trust House, Parel East, Mumbai. Over the past two decades, GJC has emerged as a leading national trade body advocating policy reforms, promoting transparency, encouraging responsible trade practices,
High Gold Prices, Advantage Platinum Jewellery
Mumbai: As gold and silver prices soar to record highs in 2026, driven by import duty hikes and strong market demand, platinum jewellery is emerging as a premium yet increasingly competitive alternative. With gold prices exceeding ₹1 lakh per 10 grams, the relative price difference for rare, durable platinum has narrowed, making it a compelling choice for consumers seeking luxury
GJEPC Takes Bold Stance on Recent Hike in Import Duty
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) acknowledged the Government’s decision to raise gold import duty to 10% from 5% and Agri cess to 5% from 1%. An official statement issued by the organization says, “As an industry, we remain committed to the spirit of ‘Nation First’ echoed by Honorable Prime Minister Mr. Narendra Modi. In response to
Need to Further Strengthen Trust in the System: KP Chair
Mumbai: The Kimberley Process (KP) Intersessional Meeting 2026 commenced in Mumbai under India’s Chairmanship. The meeting, being held from May 11 to May 14, 2026, has brought together representatives from Kimberley Process Participants, Observers and industry stakeholders from across the world to deliberate on key issues related to the global trade in natural diamonds. Addressing the gathering, KP Chair 2026,
