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
Gem Diamonds High-Quality 80ct. Diamond
London: Gem Diamonds has discovered an 80-carat rough stone that it has described as one of the highest-quality diamonds ever found at its Letšeng mine in Lesotho. The D-color, type-II diamond is relatively small compared with some of the huge stones the mine has produced over the years, including a 114-carat gem the company extracted last month. However, few previous
WDC Applauds the Start of KP Reform Cycle
Perth: World Diamond Council (WDC) members representing every sector of the diamond industry, joined together on May 1-4 at the 2017 Kimberley Process Intersessional Meeting in Perth. The focus of this year’s meeting was the start of the Kimberley Process Certification Scheme (KPCS) review cycle in order to strengthen the Kimberley Process. For the second year in a row the
De Beers Pioneers Research on Carbon-Neutral Mining
Gaborone: De Beers Group announced it is leading a ground-breaking research project that aims to deliver carbon-neutral mining at some of the company’s operations in as few as five years. The company’s scientists are working in close collaboration with a team of internationally-renowned scientists to investigate the potential to store large volumes of carbon at its diamond mines through the
China’s Jewellery Industry Adapts to Market Changes
Beijing: China’s gold jewellery industry is “keen and determined” to adapt to challenges arising from macroeconomic uncertainties and changes in consumer preferences, according to the World Gold Council (WGC). According to WGC’s Gold Demand Trends Q1 2017, gold jewellery demand in China dropped 2 percent to 176.5 tonnes in the first quarter of 2017 from 179.2 tonnes in the same
Industry Expectations on Akshay Tritiya Sales
Mumbai: Akshay Tritiya is one of the most auspicious days in the Hindu calendar to buy gold, symbolizing lasting prosperity and wealth. Gold prices have risen significantly (nearly 60% up from last year) with 24K hovering around ₹1,55,570 per 10g in mid-April 2026. Digital gold, coins, and jewelry are popular purchasing options. Despite high prices, demand remains high as gold
India’s G&J Exports Grew During April’25 & Mar’26
Mumbai: India’s gem and jewellery exports for the financial year April 2025 – March 2026 stood at ₹2,44,827.26 crore, registering a growth of 0.93% in rupee terms compared to ₹2,42,559.39 crore in the previous financial year. In dollar terms, exports were recorded at US$ 27.72 billion, reflecting a moderate decline of 3.32% year-on-year. The performance comes amid a year marked by geopolitical
Gaetano Cavalieri Awarded 2nd Highest Rank in Italian Knighthood Order
Milan: CIBJO President Mr. Gaetano Cavalieri has been named a Grande Ufficiale (Grand Officer), the second-highest rank within the Ordine al Merito della Repubblica Italiana, the most senior knighthood order of merit in the Italian Republic. Established in 1951, the order recognizes accomplishments in the fields of science, literature, arts, economy, public service, and social, philanthropic and humanitarian activities and for
Zen Diamond Opens New Store in Hyderabad
Hyderabad: Zen Diamond, the globally acclaimed fine jewellery brand with a presence across more than 450 stores worldwide, continues to expand its presence in India with the opening of its new store at Lake Shore Mall, Hyderabad. After establishing a strong foothold in Mumbai with stores in Bandra and Borivali, and further strengthening its presence in Chandigarh with one store
