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
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
SENCO Gold Receives IAGES Accreditation for its Stores in India
Kolkata: Senco Gold & Diamonds, having more than 100 stores across India, has been accredited with IAGES reinstating its commitment towards wining the trust and confidence of its consumers through its ethical, fair and transparent practices. SENCO Gold & Diamonds is one of the most recognized names in the Indian jewellery retail sector with more than 100 stores, having built
De Beers Group Launches ‘Heera Hai Aapke Liye’
Mumbai: De Beers Group, the world’s leading diamond company, marked a significant milestone in the Indian jewellery landscape with the official launch of the “Heera Hai Aapke Liye” program at IIJS Signature. The star-studded event featured actress Sonakshi Sinha, who joined Ms. Shweta Harit, Global Senior Vice President of De Beers Group and CEO of Forevermark, to unveil an initiative
GJSCI Holds JOSH Convocation Ceremony
Mumbai: The Gem & Jewellery Skill Council of India (GJSCI) organized the convocation ceremony of JOSH for the 6th batch of specially abled candidates and the 12th batch of regular candidates on 16 January 2026 at the Bharat Ratnam Mega Common Facility Centre (CFC), SEEPZ. The ceremony marked the successful completion of training for the candidates, celebrating their hard work,
Can India Reinforce Confidence in the KP?
Mumbai (By Suresh Chotai): As India assumes the Chair of the Kimberley Process Certification Scheme (KPCS) this year, the global diamond industry sees renewed opportunity for meaningful dialogue on one of the most debated issues within the Process: the definition of so-called “blood” or “conflict” diamonds. The current Kimberley Process definition, framed in the early 2000s, restricts conflict diamonds to
