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
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
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
Maryam Al Hashemi to Steer KP Committee on Participation & Chairmanship
Dubai: DMCC confirmed that Maryam Al Hashemi, Senior Director of Precious Stones and Metals at DMCC and the UAE KP Director, has been appointed Chair of the Kimberley Process (KP) Committee on Participation and Chairmanship (CPC). The CPC is a vital body within the Kimberley Process, responsible for evaluating new participants, reviewing compliance matters, and assessing Vice-Chair candidates. Its recommendations
MS Dhoni Reveals His Most Cherished Platinum Moments
Mumbai: Men of Platinum, the men’s jewellery brand from Platinum Guild International (PGI) India, brought its highly anticipated #MomentWithMahi campaign to a thrilling close with an exclusive fan meet-and-greet with MS Dhoni at the iconic Taj Lands End, Mumbai. This one-of-a-kind experience was the culmination of the brand’s festive purchase programme — a rare reward for select consumers who purchased
GJEPC Hails the India-US Trade Agreement
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has hailed the landmark India-U.S. trade agreement as a “vital relief measure for India’s gem and jewellery sector”, which faced severe pressure from escalating U.S. tariffs. GJEPC extends its deepest appreciation to the Hon’ble Prime Minister Mr. Narendra Modi, the Hon’ble President of USA Mr. Donald Trump, the Hon’ble Commerce &
Kirit Bhansali Applauds the Union Budget
Mumbai: India’s Finance Minister Mrs. Nirmala Sitharaman has presented the Union Budget for 2026-27 which is hailed by the Gem & Jewellery Export Promotion Council (GJEPC). Through an official Press Release its Chairman Mr. Kirit Bhansali says: “We thank the Government for a positive, growth-focused Budget that addresses key bottlenecks and gives fresh momentum to India’s gems and jewellery sector.
