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
Top News
Botswana Rough Exports Rise
Gaborone: Botswana’s rough diamond shipments increased 2.5% to $849.6 million in the first quarter, reflecting higher sales at De Beers, according to recent data from the Bank of Botswana. Exports amounted to $243.1 million in January, $254.2 million in February and $352.3 million in March, figures showed. The rise occurred amid a recovery in the market that saw De Beers’
Stornoway Diamond Sells $35.4 Mln in 1Q
Toronto: Canadian miner Stornoway Diamond Corporation earned US$35.4 million (C$48.5m) from the sale of 459,126 carats rough of stones for the quarter ended March 31, 2017, the first full operating period for the Renard Mine. Commercial production was officially declared on January 1, 2017. Total diamond sales since the project began now stand at 498,039 carats at an average price
Government Representatives Visit GJSCI in Surat
Surat Parliamentary Standing Committee on Labour visited Training Centres of GJSCI on Monday. The visit saw the esteemed presence of 20 Members of Parliament led by chairperson Shri. Kirit Somaiya, MP & other prominent personalities like Mr. Rajesh Agarwal (Jt. Secretary MSDE), Jayant Krishna (COO “NSDC), Mr. Gaurav Kapoor (Head- Industry Partnership &CSR; SSC Engagement-NSDC), Mr. Rajesh Agarwal (NSDC) and
Israel Diamond Trade Enjoys Rare Growth
Ramat Gan: Israel’s polished diamond exports bounced back in the first quarter as orders from Switzerland and the US grew during the period. Outbound shipments of polished jumped 16% to $1.7 billion in the January-to-March period, according to the nation’s Ministry of Industry, Trade and Labor. The increase was only the third positive quarter for polished exports out of the
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
