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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Botswana Mulls SEZ to House Diamond Trading Hub
Gaborone: Botswana is set to introduce a Special Economic Zone (SEZ) near the Sir Seretse Khama International Airport outside Gaborone, where the relocated Diamond Trading Company would be the “anchor enterprise”, according to news reports. Royal HaskoningDHV would be responsible for the masterplan review in a joint venture with the company’s local branch. Namibia Economist reports that the special economic
Israel Diamond Ex. Opens Internet Marketing Wing
Ramat Gan: The Israel Diamond Exchange (IDE) opened a new wing dedicated to promoting internet marketing among its members. Over the past year the Israeli Diamond Industry has introduced several electronic commerce initiatives, signaling a new direction for the industry. This year IDE together with the Israel Diamond Institute launched GET-DIAMONDS, the Israeli Diamond Industry’s official diamond trading platform. It
India’s Polished Exports Down in April
Mumbai: India’s polished diamond exports for April fell 2% year on year to $1.75 billion, figures from the nation’s Gem & Jewellery Export Promotion Council (GJEPC) showed this week. By volume, exports of polished dropped 9% to 2.4 million carats, with the average price growing 8% to $737 per carat. Polished imports slid 17% to $184.9 million, meaning net polished
ALROSA President Visits Angola
Luanda: The president of ALROSA Sergey Ivanov paid a working visit to the Republic of Angola. He inspected the production facilities of the company and held a number of working meetings with Angolan partners to discuss the prospects for the development of ALROSA investment projects in the country. During the meeting with Carlos Sumbula, Chairman of the Board of Directors
Sky Gold & Diamonds Strengthens Mangalsutra Business with Strategic Acquisition
Mumbai: Sky Gold & Diamonds Ltd., manufacturer and exporter of gold and diamond jewellery, recently announced that its wholly owned subsidiary, Starmangalsutra Pvt. Ltd., has entered into an non binding term sheet to acquire a majority stake in Shri Rishab Gold, a reputed Mumbai-based jewellery firm. The partnership marks a significant step in Sky Gold & Diamonds’ strategy to establish
Pre CIBJO Congress Report Focuses on AI
Milan: With a couple of days to go to the opening of the 2025 CIBJO Congress in Paris, France, on October 27, 2025, the tenth and the final of the pre-congress Special Reports has been released. Prepared by the CIBJO Technology Committee, chaired by Stéphane Fischler, the report focuses exclusively on artificial intelligence, looking at ways in which the greater jewellery
De Beers Brings Diamonds & Glamour to London
Mumbai: Insiders suggest a star-studded journey to London might be on the cards. But why London? Beyond its glittering reputation as a global hub for jewellery and fashion, whispers point to something far more dazzling — De Beers is set to host a major showcase in the city. This year, De Beers Group makes its grand debut at Frieze London,
India’s G&J Exports Grow 3.66% in 1H of ’25-26
Mumbai: India’s gem and jewellery (G&J) exports record a steady recovery in the first half of FY2025–26, witnessing a growth of 3.66% to US$ 14.09 billion between April and September 2025 compared to US$ 13.60 billion in the same period last year. This growth comes despite global headwinds, reflecting the resilience and adaptability of India’s jewellery exporters as festive and
