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
Coronet by Reena Ahluwalia Makes N. American Debut
Las Vegas: After a successful launch at Baselworld, Coronet® is excited to debut the artistic partnership with world renowned jewellery designer and painter, Reena Ahluwalia at JCK Las Vegas. The much-anticipated spinning diamonds “Inner Brilliance” jewellery collection under ‘Coronet by Reena Ahluwalia’ line is affordable for retailers, inventive and patented. Hong Kong’s top diamond brand, Coronet® of Aaron Shum Jewellery
G&J Industry May Take a Year to Recover After GST
Mumbai: India’s gold jewellery industry may take at least 12 months to recover after implementation of goods and services tax (GST) since the organised segment in the industry comprises only 30 per cent of the trade. “Behavioural change is necessary in both the consumer and the trade and the inherent complexity of the supply chain will need to be factored
ALROSA Revenue Fell 17% in Q1 2017
Moscow: ALROSA published its financial results on IFRS for the first quarter of 2017, and reported its revenue fell 17% year on year. ALROSA’s Q1 2017 revenue totalled RUB 84.8 bn, up 38% on the previous quarter and down 17% year on year. EBITDA totaled RUB 35.2 bn, with EBITDA margin totalled 42%. Net income totalled RUB 22.7 bn. Free
Signet Jewellers Sales Down in 1st Fiscal Quarter
New York: Signet Jewellers said its first quarter total sales were $1,403.4 million, down $175.5 million or 11.1% compared with the first quarter last year, while same store sales decreased 11.5% compared to one year ago. The number of transactions decreased across all divisions due to declining brick and mortar store traffic. Merchandise categories and collections were broadly lower in
HRD Antwerp-Bharat Ratnam Mega CFC Forge Collaboration
Mumbai: HRD Antwerp, Europe’s leading authority in Diamond and Jewellery Grading, Education and Equipment, has officially launched its operations within the Bharat Ratnam Mega Common Facility Centre (CFC) in Mumbai. This collaboration was unveiled during the prestigious IIJS Premiere 2025 and marks a significant leap in advancing India’s jewellery ecosystem with world-class diamond certification services. The inauguration ceremony was held
Anil Kapoor Illuminates the ‘Jewellers for Hope’
Mumbai: The 10th edition of Jewellers for Hope, the flagship charity initiative by the Gem & Jewellery Export Promotion Council (GJEPC), illuminated the city with a powerful blend of compassion, commitment, and celebration. Held alongside IIJS Premiere 2025, this landmark edition brought together industry stalwarts, philanthropists, and dignitaries to mark a decade of impactful giving. Organized in collaboration with De
GJEPC Renames India International Jewellery Show as ‘IIJS Bharat’
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), India’s apex trade body,has got received official confirmation from the Government to rename the biggest-ever India International Jewellery Show (IIJS) as IIJS Bharat, as announced by Mr. Kirit Bhansali, Chairman, GJEPC, during the inauguration of IIJS Premiere 2025. In a significant announcement, Mr. Bhansali revealed that the Council has received official
41st IIJS Premiere Inaugurated at JWCC
Mumbai: The biggest-ever India International Jewellery Show (IIJS), the 41st edition, is the biggest-ever edition of the famous gem & jewellery B2B trade show organised by India’s apex trade body,The Gem & Jewellery Export Promotion Council (GJEPC). Showcasing “Brilliant Bharat” theme, IIJS 2025 is eyeing big business generation of billions of dollars in exports with several policy initiatives such as the recently
