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
12 % Drop in De Beers’ 7th Cycle Sales
Gaborone: De Beers’ rough-diamond sales declined in its August sight as the relatively early date of Diwali this year moved demand up to the previous sale. Proceeds from the miner’s seventh sales cycle fell 12% to $505 million from the revised July figure of $576 million, the company said Tuesday. Compared with the August sight a year ago, sales were
ALROSA Holds Two Auctions Within EEF
Moscow: ALROSA is holding two auctions for the sale of rough and polished diamonds within the Eastern Economic Forum (EEF), which will take place in Vladivostok from 6 to 7 September 2017. From August 24 to September 6, the United Selling Organization (USO) of ALROSA has been auctioning special size rough diamonds of 10.8+ ct. The company puts for sale
Alrosa Pres. Ivanov Appointed to DPA Board
Moscow: ALROSA President Sergey Ivanov has been appointed to the Board of the Diamond Producers Association (DPA). “I am delighted to join the DPA team and appreciate the efforts made by the Association to promote our business,” said Ivanov. “It is important to remember that a diamond is not only a beautiful object of consumption. The diamond industry creates millions
WDM Launches Its Website in Chinese
Hong Kong: The World Diamond Mark Foundation (WDM) has launched a full-fledged mirror site in Chinese. The site, accessible from the WDM home page, is the result of close cooperation with the Shanghai Diamond Exchange (SDE), and was translated and adapted with the direct involvement, encouragement and cooperation of SDE President Lin (Frank) Qiang and SDE Vice President Caroline Yuan.
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.
