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
Top News
Israeli Diamonds to Shine at JCK
Ramat Gan: The Israeli diamond industry will again be among the largest international groups exhibiting at the June 5-8 JCK Show in Las Vegas, the Israel Diamond Institute (IDI) said in a statement. More than 60 Israeli companies will participate “at the most important trade show in Israel’s number one export market”, with the Israel Diamond Pavilion hosting 33 exhibitors
Gold Important Tool or Financial Inclusion: Study
Ahmedabad: In an exhaustive study done among a thousand gold consumers across four districts from four states in urban and rural India it is revealed that gold is an important tool for financial inclusion among Indians. The study was conducted by researchers Misha Sharma, Shambhavi Srivastava and Govind Singh from IFMR Lead and funded by India Gold Policy Centre (IGPC)
India-SAARC-ME BSM Concluded
New Delhi: The 2nd India SAARC-Middle East Buyer Seller Meet (BSM) organized by India’s Gem & Jewellery Export Promotion Council (GJEPC) from 14th to 16th May 2017 in New Delhi with the support of Ministry of Commerce & Industry, Govt. of India has ended successfully. 38 Indian Manufacturers and 70 international buyers from SAARC and Middle East region including 13
De Beers Reports $520M Rough Sales in 4th Cycle
Gaborone: De Beers sold rough diamonds with a provisional value of $520 million in the fourth sales cycle (Global Sightholder Sales and Auction Sales) of 2017, indicating ongoing strong demand from the global industry. The latest figure compares with $666 million in the year-earlier sale. De Beers’ sales in the third cycle were $586 million and $636 million in the
NDC Plans Higher Spend for India: Amber Pepper
Mumbai: Ms. Amber Pepper, the newly appointed CEO of the Natural Diamond Council (NDC), signalled a major strategic shift towards the Indian market during a high-level meeting at the Gem & Jewellery Export Promotion Council (GJEPC) head office in Mumbai on 30th April. Accompanied by Ms. Richa Singh, Managing Director for India and the Middle East, NDC, Pepper met with top
‘Know Your Diamonds-From Basics to Boosting Sales’
Chandigarh: HRD Antwerp, in collaboration with the Johari Association Chandigarh, successfully hosted an exclusive retailer seminar recently titled “Know Your Diamonds – From Basics to Boosting Sales” at The Piccadily Chandigarh. The seminar witnessed strong participation from jewellery retailers across Chandigarh, who gathered to gain deeper insights into diamonds, certification, and modern retail selling strategies.3 Key Takeaways from The Seminar:
Size of UK Jewellery Industry to Rise by 2.1%
London: A New research published by 77 Diamonds shows that the size of the United Kingdom (UK) jewellery manufacturing industry is set to increase by 2.1% by the end of 2026, with total market revenue forecast to exceed £1 billion for the first time since 2023. 77 Diamonds has analysed historical data on the estimated annual revenue of the UK
GJC Submits Jeweller-Integrated Framework for GMS
Mumbai: All India Gem and Jewellery Domestic Council (GJC) has been actively engaging with senior officials of the Reserve Bank of India (RBI) and the Ministry of Finance (MoF) to advance a comprehensive revamp of the Gold Monetization Scheme (GMS). GJC has submitted a refined, jeweller-integrated framework for GMS, developed through structured stakeholder consultations across the banking, refining, and jewellery sectors. The
