We Wish to Build Globally Relevant SKY Gold: Akash Talesara
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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
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
WPIC: Global Platinum Jewellery Demand Up by 3%
Mumbai: The World Platinum Investment Council (WPIC) has announced the publication of its latest Platinum Quarterly – the first independent, freely-available, quarterly analysis of the global platinum market. This report incorporates analysis of platinum supply and demand during the first quarter of 2017, during which time total mine supply hit 1,330 koz, down 6.3% year-on-year and the lowest since Q3
GJSCI Conducts 4th Edition of Jewel Talks at GIA
Mumbai: Gems and Jewellery Skill Council of India (GJSCI) conducted its 4th edition of ‘Jewel Talks’, a monthly interactive platform between both industry experts and aspirants pursuing a career in the gems & jewellery industry. The once-a-month program was held at GIA, Mumbai for which the spokesperson was Ms. Hetal Vakil, Founder, Vakil’s Institute of Jewellery Design, Mr. Binit Bhatt,
4% GST Rate May be Decided on Gold, Silver
Mumbai: The Centre and the states may settle for 4% goods and services tax (GST) on bullion and opt for a special rate for financial services, amid intense lobbying from the two sectors in the run up to the rollout from July. Sources also said that in case of gold and silver the southern states are in favour of a
Karnataka Minister Invited as Chief Guest at IIJS Bharat Tritiya
Bengaluru: Mr. M.B. Patil, Hon’ble Minister for Large & Medium Industries, Government of Karnataka, has been invited as Chief Guest for IIJS Bharat Tritiya 2026. The show is scheduled from 21 to 23 March 2026 in Bengaluru at the Bangalore International Exhibition Centre (BIEC). The invitation was extended by Mr. Nirav Bhansali, Co-Convener – National Exhibitions, GJEPC. The meeting was
Congolese Diamonds Tender Gets 40% Higher Sales
Antwerp: From 16 to 20 February, the Congolese diamond company SACIM SARL organised a particularly successful diamond tender in Antwerp. More than 288,000 carats of rough Congolese diamonds were sold at prices that were on average over 40% higher than those achieved in other, competing diamond trading centres. The result once again underlines Antwerp’s unique position as an international hub for rough diamond trading
GJEPC Hosted IIJS Bharat Retailer Connect Session
New Delhi: India’s Gem & Jewellery Export Promotion Council (GJEPC) successfully hosted the IIJS Bharat Retailer Connect session at the PHD Chamber of Commerce, Delhi, on 19th Feb 2026, in association with the Maliwara Jewellers Association, Delhi Jewellers Association, Greater Kailash Jewellers Association and East Delhi Jewellers Association. Mr. Antarpal Singh Sawhney, Regional Chairman–North, inaugurated the seminar, which saw participation
US & Japan to Invest $550 bln. on Synthetics
New York: The governments of the United States and Japan are reportedly considering directing a portion of a proposed $550 billion investment package toward establishing synthetic diamond production in the U.S., as part of a broader effort to strengthen critical technology supply chains. At the heart of the initiative is a planned synthetic diamond manufacturing facility in the United States,
