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
India’s G&J Industry Welcomes GST Rate at 3%
Mumbai: All India Gems & Jewellery Trade Federation (GJF) highly appreciated the Government’s decision to fix the Goods and Services Tax (GST) at 3% for the Jewellery trade and industry. Expressing his satisfaction, Mr. Nitin Khandelwal, Chairman, GJF said, “This is a landmark day for the jewellery sector as the Government rightly kept the overall tax burden low in the
GST on Gold, Silver, Diamonds Fixed at 3 Per Cent
New Delhi: Gold and silver in India will be taxed at 3 per cent under the Goods and Services Tax (GST) regime, the Finance Ministry Mr. Arun Jailtley announced after a meeting of the GST Council on Saturday. Addressing the press after a meeting that saw the council clear six pending tax rates, Finance Minister Arun Jaitley said the central government
US Diamond Jewellery Demand Hits $41 Billion High
New York: Total diamond jewellery demand from US consumers increased 4.4 per cent in 2016 to exceed US$40 billion for the first time, according to industry insight data published yesterday by De Beers Group. While slower US GDP growth in the first quarter of 2017 is likely to have impacted diamond jewellery demand in the short term, the US has
Caratlane Opens Its Store in Bengaluru
Bengaluru: CaratLane, India’s leading omni-channel jeweller has opened its 3rd store in Bengaluru, at Mantri Square Mall. For a brand that’s on a mission to democratise access to jewellery, this store launch, the 18th in the country, is another step forward in expanding its retail footprint and making its jewellery more accessible. Situated at one of the largest shopping destinations
IIJS Bharat Premiere 2026 Strengthens Nepal Buyer Outreach
Kathmandu: India’s Gem & Jewellery Export Promotion Council (GJEPC) expanded its international buyer outreach for IIJS Bharat Premiere 2026 with a comprehensive roadshow across Nepal, engaging leading jewellery associations, trade bodies and retailers to drive visitor registrations for the show. Led by Ajay Purohit, Deputy Head – International Events, GJEPC, the outreach programme covered Kathmandu, Lalitpur, Pokhara and Chitwan, where
First Pre-CIBJO Congress Special Report
Milan: With nine weeks to go to the opening of the 2026 CIBJO Congress in Vicenza, Italy, on September 4, 2026, the first of the pre-congress Special Reports has been released. Prepared by the CIBJO Sustainable Development Commission, headed by John Mulligan, the report considers both the challenges and opportunities presented to the jewellery industry as government regulations concerning social
Gold Faces Pivotal H2 as Geopolitical Risk
New York: After a volatile start to the year, gold now faces a pivotal second half that will be shaped by unpredictability from geopolitics, rates, and investor sentiment, according to the Gold Mid-Year Outlook 2026 released by the World Gold Council (WGC) recently. Gold set more than 12 all-time highs and reached a record US$5,405/oz in late January before pulling
Nearly 80% of Belgian Diamond Traders Pass First-Ever Anti-Money Laundering Exam
Antwerp: For the very first time, the Belgian FPS Economy and the Antwerp World Diamond Centre (AWDC) organized a large-scale anti-money laundering (AML) exam for Belgian diamond traders. The sector delivered strong results, with nearly 80%of the 196 participants passing the test. The exam, which assesses knowledge of Belgian AML obligations, is part of broader efforts to further strengthen compliance
