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
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
Spot Gold Exchange for India
Mumbai: The World Gold Council (WGC) is working with the Indian government on plans to create a local physical spot-gold exchange that may start up as soon as next year. P.R. Somasundaram, managing director for the WGC in India said, “We are working on a gold exchange for India. The finance ministry has formed a gold committee. And the committee
18 Antwerp Diamond Co. Finance for Medicines in Botswana
Antwerp: Botswana’s Minister of Minerals and Energy, Joy Bogolo Kenewendo, is visiting the Antwerp diamond sector this week to thank 18 diamond companies that jointly financed life-saving medicines and medical supplies. The Antwerp diamond community mobilised after Botswana declared a medical state of emergency this summer due to a severe shortage of essential medicines. Thanks to the funds raised, more
BDB Hosts RJC Roadshow & Board Meeting
Mumbai: Reinforcing its commitment to global best practices, Bharat Diamond Bourse (BDB) hosted the Responsible Jewellery Council (RJC) Roadshow, bringing together international experts and industry professionals for focused discussions on responsible, transparent, and future-ready practices in the diamond and jewellery sector. Led by Mr. Dave Meleski, Chairman, RJC, the programme featured presentations by Ms. Suzanne Brooks, General Manager – Standards,
Progress Killed in Pursuit of the Impossible: WDC
Dubai: The World Diamond Council (WDC) yesterday expressed profound regret that a small number of Kimberley Process (KP) Participants blocked consensus on long-awaited reforms designed to strengthen protections for Africa’s diamond-mining communities. For three years, the KP Review and Reform Committee worked on the most ambitious reform effort in more than two decades. That work brought the KP closer than
Amber Pepper Appointed as CEO of NDC
London: The Natural Diamond Council (NDC) has announced the appointment of Amber Pepper as Chief Executive Officer, effective 1 February 2026. A seasoned global leader in luxury brand transformation, Pepper brings a wealth of experience in driving commercial growth, digital innovation, and consumer-centric storytelling across some of the world’s most respected fashion and retail brands, including senior roles at Tapestry,
