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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CaratLane Opens Its Store in Ghaziabad
Mumbai: CaratLane, India’s omni-channel jeweller is going strong in the Delhi/NCR region with its 7th store inaugurated at Shipra Mall, in Ghaziabad. For a brand that’s on a mission to democratize access to jewellery, this store launch, the 7th in Delhi/NCR region and 17th in the country, is another step forward in expanding its retail footprint and making its jewellery
Investor Offers Gemfields to Acquire its 53% Shares
London: Gemfields’ largest shareholder has made an offer to acquire the 53% of the gemstone miner it does not already own, in a bid to restructure the company and make it more profitable, reports Rapaport. Pallinghurst Resources, a mining-focused private equity firm, has offered Gemfields investors 1.91 shares in Pallinghurst for each share in the colored-stone producer, valuing the miner
NAJ CEO Michael Rawlinson Resigns
London: Michael Rawlinson has resigned as CEO of the UK’s National Association of Jewellers (NAJ) to pursue other interests, the trade organization said Friday. Rawlinson took charge of the NAJ in 2015, when the British Jewellers’ Association (BJA) and the National Association of Goldsmiths (NAG) merged to create the industry body. Rawlinson was previously CEO of the NAG and oversaw
Zimbabwe May Withdraw Unused Gold Mining Claims
Harare: Large gold mines in Zimbabwe could lose unused mining claims to the government, which is seeking to increase the number of small producers as part of its economic empowerment drive, a ministry of mines draft policy paper showed on Friday. Gold is Zimbabwe’s third largest export earner after tobacco and platinum. Small-scale miners have in the last four years
BSM Brazil 2027 Returns to São Paulo with Expanded International Presence
São Paulo, Brazil: Following the remarkable success of its previous editions, Buyer Seller Meeting (BSM Brazil) will return to São Paulo in April 2027, further strengthening its position as Latin America’s premier international B2B event for the diamond, gemstone, jewelry and precious metals industries. Organized with the mission of connecting qualified buyers and leading international suppliers, BSM Brazil 2027 will welcome an even larger number
Israel’s Diamond Industry Under Severe Pressure
Mumbai: Israel’s once-prominent diamond industry is facing one of the most difficult periods in its history, with veteran traders reportedly leaving the business and searching for alternative livelihoods. A recent report by Ynetnews has highlighted the depth of the crisis at the Israel Diamond Exchange in Ramat Gan, traditionally one of the world’s important diamond trading centres. According to veteran
‘Advanced Leadership Programme in Gold Entrepreneurship’
Mumbai: The Indian Association for Gold Excellence and Standards (IAGES), announced the launch of the Advanced Leadership Programme in Gold Entrepreneurship, developed jointly with SPJIMR (Bharatiya Vidya Bhavan’s S. P. Jain Institute of Management & Research). The six-month executive programme is designed to build a new generation of professionally trained leaders for India’s gold and jewellery industry, combining SPJIMR’s academic
Did Natural Diamond Ind. Misjudge LGD Threat?
The natural diamond industry is finally confronting a question it perhaps should have asked much earlier: Did it underestimate the speed, scale and nature of the laboratory-grown diamond (LGD) revolution? For years, laboratory-grown diamonds (LGDs) were treated by much of the natural diamond industry as a niche product—an inexpensive alternative with limited appeal to serious jewellery consumers. The assumption was
