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
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Congolese Diamonds Tender Gets 40% Higher Sales
Antwerp: From 16 to 20 February, the Congolese diamond company SACIM SARL organised a particularly successful diamond tender in Antwerp. More than 288,000 carats of rough Congolese diamonds were sold at prices that were on average over 40% higher than those achieved in other, competing diamond trading centres. The result once again underlines Antwerp’s unique position as an international hub for rough diamond trading
GJEPC Hosted IIJS Bharat Retailer Connect Session
New Delhi: India’s Gem & Jewellery Export Promotion Council (GJEPC) successfully hosted the IIJS Bharat Retailer Connect session at the PHD Chamber of Commerce, Delhi, on 19th Feb 2026, in association with the Maliwara Jewellers Association, Delhi Jewellers Association, Greater Kailash Jewellers Association and East Delhi Jewellers Association. Mr. Antarpal Singh Sawhney, Regional Chairman–North, inaugurated the seminar, which saw participation
US & Japan to Invest $550 bln. on Synthetics
New York: The governments of the United States and Japan are reportedly considering directing a portion of a proposed $550 billion investment package toward establishing synthetic diamond production in the U.S., as part of a broader effort to strengthen critical technology supply chains. At the heart of the initiative is a planned synthetic diamond manufacturing facility in the United States,
The Tariff is Illegal: US Supreme Court
Washington: US trading partners, including India, that have reached tariff deals with Donald Trump’s administration before the Supreme Court verdict, will now face a 10 per cent duty, despite higher levels they may have agreed on previously, the White House has said. The certification came after the US Supreme Court struck down Trump’s sweeping and often arbitrary duties, delivering a
GIA & IBM Join Forces to Transform Diamond Grading
Mumbai: GIA (Gemological Institute of America) and IBM Research, one of the world’s largest and most influential corporate research labs, have joined forces to develop an advanced artificial intelligence (AI) system designed to revolutionize diamond clarity grading. The GIA AI clarity system is built on the standards of GIA’s universally recognized International Diamond Grading System™. The AI is fueled by
IDE Requests Need for Increased Government Support
Ramat Gan: A delegation from the Israel Diamond Exchange (IDE), led by President Yoram Dvash, presented its case for increased government aid to the Israeli diamond industry at a special hearing at the Knesset Economics Committee yesterday. According to IDE President Yoram Dvash the industry has suffered major damage in recent months due to the COVID-19 crisis, which has
De Beers Hints at Restructuring the Company
London: De Beers is embarking on a huge modernization program that will affect all aspects of the business, CEO Mr. Bruce Cleaver said in a letter to staff. The move, in response to the COVID-19 pandemic, will include reviewing the way it sells rough stones, according to a report on the Bloomberg news website. It raises the possibility that the
GJEPC Donates Over Rs. 75 Lakh to a Surat Hospital
Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) continued its charitable work in the fight against Covid-19 by offering financial assistance through the Surat Diamond Association (SDA) to the SDA-Diamond Hospital & Medical Research Center (Matrushree Ramuba Tejani & Shantaba Vidiya Hospital) for purchasing medical equipment for an isolation ward. The financial aid has enabled the hospital to acquire
