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
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Opportunity to Create Demand For Platinum
Johannesburg: The South African platinum industry has been investing in platinum jewellery for more than 45 years through the Platinum Guild International (PGI), which has turned platinum jewellery into an amazing South African asset, reports Mining Weekly Online. Of all the platinum demand levers, platinum in jewellery is the one that can be activated the quickest and the most directly,
IDE Pres. Praises Sale of R2Net to Signet
Ramat Gan, Israel, August 25, 2017: Israel Diamond Exchange (IDE) President Yoram Dvash praised the impending sale of R2Net, owner of online jewellery retailer James Allen, to Signet Jewellers. R2Net has important ties to the Israeli Diamond Industry. Originally founded by Israeli diamond trader Oded Edelman as a trading network for diamonds, it has become under the brands James Allen
India’s Jewellery Exports Down 32% in July
Mumbai: India’s exports of gold jewellery, both studded and plain, during the month of July 2017 dropped by nearly 32% to $ 411.37 mn from $ 602.04 mn during July 2016. Overall exports from the gem and jewellery sector during July 2017 stood at $ 2.42 bn, a drop of 23.61% over the $ 3.17 bn exported in the same
Surat Jail Trains Inmates in Cutting Polishing
Surat: The Surat district Jail authorities in association with a diamond firm, have started teaching cutting and polishing of rough diamonds to the prisoners. A diamond firm had installed two emery wheels in the jail where at present eight prisoners are learning cutting and polishing of diamonds. The step has been taken by the Jail superintendent H R Chaudhary, with
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,
