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 Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
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ALROSA Sales Go Down in April
Moscow: Alrosa’s sales fell in April and for the first four months of the year as the Russian miner sold a larger volume of low-value rough diamonds than it did last year. Rough sales declined to $310.2 million in April, the company reported Wednesday. This represented a 45% slide from a year ago, according to Thursday estimates from VTB Capital.
Reena Ahluwalia Donates Paintings to Benefit JFC
Las Vegas: Noted jewellery designer and artist Reena Ahluwalia has donated two original, museum quality, painting to be auctioned at the Jewelers for Children (JFC) Facets of Hope event in Las Vegas, NV. The paintings, Portal of Empowerment and Radiate Brilliance , show highly nuanced, hyper-realistic diamonds with ultra-magnified facets. Ahluwalia is a multiple award-winning Canadian Jewellery designer, diamond painter
Palladium Set to Overtake Platinum: GFMS
Johannesburg: The palladium price is poised to exceed the platinum price for the first time since 2001, Thomson Reuters said on Tuesday with the publication of its GFMS Platinum Group Metals Survey 2017, according to a report published in miningweekly.com. The price gap between platinum and palladium – which averaged just over $1 000/oz between 2007 and 2012 – is
Jeweller Held for Rs. 2,000-Crore Loan Fraud
Mumbai: The CBI arrested on Monday the chairman of a prominent Kolkata-based jewellery house, Nillesh Parekh for allegedly cheating a consortium of 25 banks led by the State Bank of India of Rs 2,223 crore, according to media reports. He was arrested from the Mumbai airport upon his return from Dubai. Parekh had fled India after the CBI registered a
20 under 40: Celebrating the Next Generation of Leaders
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC)’s 20 Under Forty Awards celebrate exceptional young leaders shaping the gem and jewellery industry. The GJEPC recently opened nominations for the 2026 edition. Honorees will be recognized at IIJS Bharat – Premiere 2026, being held August 5–9 at the Jio World Convention Centre and August 6–10 at the Bombay Exhibition Centre
GJEPC Gears Up Industry for India–UK CETA Rollout
Mumbai: The implementation of the landmark India–UK Free Trade Agreement (FTA) on 15 July 2026 marks a transformative milestone for India’s gem and jewellery industry, opening the door to significantly greater market access, enhanced competitiveness and accelerated bilateral trade with one of its key export markets. With zero-duty access for nearly 99% of Indian exports to the UK, the agreement
Global Gold City Project Announced
Hyderabad: Goldsikka Limited, a Hyderabad based Company, has introduced the Global Gold City Project (GGC), a pioneering initiative to establish India’s first integrated gold ecosystem. This project will consolidate mining, refining, trading, manufacturing, and digital infrastructure into a single hub, positioning India as a global leader in the gold industry. The project’s main objective is to Build a world class gold
P N Gadgil Jewellers Reports Revenue Growth of 41% YoY
Mumbai: P N Gadgil Jewellers has recently announced its quarterly results. The Company delivered a strong performance in Q1 FY27, reporting robust revenue growth of 41% YoY. The Retail segment grew 56% YoY, with robust same-store sales growth (SSSG) of 46% YoY as the primary driver, indicating that the growth was substantially organic in nature, driven by deeper customer engagement
