We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors
Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly
Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors
Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly
Top News
De Beers Group Launches ‘Heera Hai Aapke Liye’
Mumbai: De Beers Group, the world’s leading diamond company, marked a significant milestone in the Indian jewellery landscape with the official launch of the “Heera Hai Aapke Liye” program at IIJS Signature. The star-studded event featured actress Sonakshi Sinha, who joined Ms. Shweta Harit, Global Senior Vice President of De Beers Group and CEO of Forevermark, to unveil an initiative
GJSCI Holds JOSH Convocation Ceremony
Mumbai: The Gem & Jewellery Skill Council of India (GJSCI) organized the convocation ceremony of JOSH for the 6th batch of specially abled candidates and the 12th batch of regular candidates on 16 January 2026 at the Bharat Ratnam Mega Common Facility Centre (CFC), SEEPZ. The ceremony marked the successful completion of training for the candidates, celebrating their hard work,
Can India Reinforce Confidence in the KP?
Mumbai (By Suresh Chotai): As India assumes the Chair of the Kimberley Process Certification Scheme (KPCS) this year, the global diamond industry sees renewed opportunity for meaningful dialogue on one of the most debated issues within the Process: the definition of so-called “blood” or “conflict” diamonds. The current Kimberley Process definition, framed in the early 2000s, restricts conflict diamonds to
GJC Submits Pre-Budget Recommendations
Mumbai: All India Gem & Jewellery Domestic Council (GJC), the apex body representing India’s domestic gems and jewellery trade, submitted its detailed pre-budget recommendations to the Hon’ble Finance Minister Smt. Nirmala Sitharaman for consideration in the Union Budget 2026–27. The representation focuses on five core pillars: 1. GST reforms to restore affordability and eliminate working capital blockage 2. Direct tax relief on
Gold Jewellery Testing Centres in India
Mumbai: To safeguard the interest of the end consumer, the Bureau of Indian Standards (BIS) is coming up with a policy by which a customer will be able to get his gold jewellery tested at the Bureau’s local office. According to the policy, in the event the purity is not as guaranteed by the jeweller, the Assaying and Hallmarking (A&H)
Indian Diamantaires Offer Large Discounts
Mumbai: Severe liquidity problems are forcing some Indian diamond companies to offer large discounts to off-load inventory in order to pay off loans, according to Indian media reports. The liquidity issues have been sharpened further by the winding down of the Antwerp Diamond Bank (ADB), and recent reports that Standard Chartered Bank is cutting back its exposure to the diamond
eBay Launches Live Auctions
New York: Online marketplace eBay has launched its live auctions in a move that it says opens the doors of traditional brick-and-mortar auction houses to online shoppers around the world. Among the first sales planned is an Important Jewelry auction, which will be hosted by Doyle New York. The sale, which will take place on October 21, comprises 439 lots.
IDE to Advance "Natural is Real" During IDW
Ramat Gan: The Israel Diamond Exchange (IDE) will be advancing its “Natural Is real” campaign during the Israel Diamond Week in New York to be held next month at the Diamond Dealers Club of New York (DDC). The campaign, which was launched during last year’s Israel Diamond Week in New York, stresses the Israeli diamond industry and trade’s commitment to
