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 Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Top News
China Records Sustained Growth in Jewellery Sales
Beijing: Retail sales of gold, silver and jewellery in China were up 7.8 percent in the first four months of the year, indicating further signs of improvement in the market, according to data released by the National Bureau of Statistics of China. Sales rose to around $15 bn from January to April compared to the same period a year ago.
Rockwell Subsidiaries Survive Liquidation Bid
Johannesburg: Rockwell Diamonds said its three subsidiaries – Rockwell Resources, HC van Wyk Diamonds and Saxendrift Mine – were successfully placed under business rescue by a court in Kimberley, South Africa as opposed to liquidation. The immediate effect, it said, was that all legal proceedings against the subsidiaries were stayed, and the liquidation process was suspended. Rockwell said the orders
Tanzanian President Asks Mining Minister to Resign
Dar Es Salaam: Tanzanian President John Magufuli on Wednesday ordered Minister for Energy and Minerals Sospeter Muhongo to resign after a report showed he was implicated in mining firms’ undeclared mineral sand exports. The report revealed that the undeclared mineral sand exports led to tax evasion by the mining firms. Magufuli said the report revealed that mining firms, including Acacia
ALROSA-Endiama Sign Agreement
Luanda: ALROSA will develop the new Luaxe diamond deposit in Angola. During the visit of the Russian official delegation on May 23, 2017, the President of ALROSA Sergey Ivanov and the president of the Angola’s national diamond-mining company Endiama Carlos Sumbula signed respective documents on the establishment of the international enterprise Luaxe. Companies signed three documents: a memorandum of understanding,
CIBJO Backs ‘Synthetic’ Terminology for Lab Growns
Vicenza: Meeting in Vicenza, Italy, on September 7, 2026, after the conclusion of the Centenary CIBJO Congress, the organization’s Board of Directors approved a recommendation by its Diamond Commission and Coloured Stone Commission that the Blue Books be revised so that the word “synthetic” be the sole descriptor used to accurately and scientifically define a created product with the same chemical
IGM Appoints Nirakar Chand as MD of BullionX
Mumbai: India Gold Metaverse (IGM) today announced the appointment of former CEO of Diamond India Ltd., Mr. Nirakar Chand, as the Managing Director of its bullion market vertical, BullionX™, which is a technology-enabled ecosystem for modern bullion markets. Earlier in his career, Mr. Chand had spent 22 years at State Bank of India (SBI) — 6 years in Bullion and
CIBJO Unveils Artworks of Reena Ahluwalia Celebrating Centenary Year
Vicenza: As a highlight of the opening day of the 2026 CIBJO Congress, that began on the 4th September, 2026 in Vicenza (Italy), two dedicated creations by the noted Canadian visual artist Reena Ahluwalia, celebrating the Centenary Year of the World Jewellery Confederation (WDC) were unveiled. Both creations were donated to the collection of the Museo del Gioiello –the jewellery
Senco Gold with Olocker Provide Jewellery Insurance
Mumbai: Senco Gold & Diamonds has partnered with Olocker, India’s first dedicated jewellery insurance platform, to offer free jewellery insurance to its customers, protecting purchases against risks such as snatching, robbery, and housebreaking. On the surface, it’s a simple value-add: buy jewellery from Senco, get it insured, at no extra cost. But the thinking behind it is more personal —
