
We Wish to Build Globally Relevant SKY Gold: Akash Talesara

Israel’s Diamond Industry Under Severe Pressure

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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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Fresh Defeat for Zimbabwe in Diamonds Battle
Harare: The state-run Zimbabwe Consolidated Diamond Company (ZCDC) has been barred by the High Court from pillaging diamond ore which belongs to Mbada Diamonds (Pvt) Limited, in a new setback for government’s troubled mining project. Mbada has been granted an interdict stopping the ZCDC — formed last year through a forced merger of Marange Resources, Gye Nyame, Diamond Mining Corporation,

IIDGR to Roll Out Synthetics-Detection Course
London: A training course for synthetic-diamond detection will launch this spring in the US and India, courtesy of De Beers’ International Institute of Diamond Grading and Research (IIDGR). The two-day course — which aims to show participants how to distinguish lab-grown diamonds from natural ones, rough or polished — will debut in the US during the JCK Las Vegas show

UAE Taskforce Reaffirms Commitment to KP
Dubai: The UAE continues its deep commitment and involvement in the Kimberley Process (KP), following its tenure as KP Chair in 2016, bringing UAE KP Taskforce members to a meeting at the Almas Tower where the Dubai Diamond Exchange is based, the Dubai Multi Commodities Centre (DMCC) said Set up as a joint initiative between the Ministry of Economy and

Sales Enhanced on Akshaya Tritiya
Mumbai: Jewellers were eagerly waiting the Indian auspicious day of Akshaya Tritiya to get a boost in their business. In fact, the day has proved to be really auspicious for them as the jewellery is picking up this year. Mr. Somasundaram PR, Managing Director, India, World Gold Counci said, “Millions of Indians believe that purchasing gold on Akshaya Tritiya brings

IIJS Bharat Premiere Strengthens GCC Outreach with Deira Gold Souq Campaign
Dubai: India’s Gem & Jewellery Export Promotion Council (GJEPC) stepped up its buyer outreach in Dubai, placing the famed Deira Gold Souq at the heart of its campaign to drive participation in IIJS Bharat Premiere, scheduled to be held from 5 to 10 August 2026 in Mumbai. With 76% of Dubai’s jewellery buyers concentrated in Deira Gold Souq, the district

Pritesh Patel to Headline Fireside Chat at WDC
Singapore: The 41st World Diamond Congress will feature an exclusive fireside chat with Pritesh Patel, the newly appointed President and CEO of the Gemological Institute of America (GIA), marking one of his first major public appearances in the role on the global stage. Patel steps into the position at a pivotal moment for GIA and the broader diamond trade. Moderated

Booths Allotted to the IIJS Premiere 2026 Exhibitors
Mumbai: In a single day, 34,000+ booths were successfully allotted to 1,800+ companies, turning booth allocation into a celebration of excitement, anticipation, and new beginnings. Exhibitors now know their place on the grand stage and are eagerly counting down to the biggest B2B jewellery gathering of the year. Excitement filled the air as exhibitors found out their booth locations and

Customs Export-Import Facilitation Centre at SEEPZ-SEZ Inaugurated
Mumbai: India’s Minister of State for Commerce & Industry Mr. Jitin Prasada inaugurated the Customs Export-Import Facilitation Centre (CEIFC) at SDF-VIII in SEEPZ-SEZ, Mumbai, on 19 June 2026, marking a significant step towards strengthening trade facilitation within the export zone. The inauguration was hosted by Mr. Dnyaneshwar B. Patil, IAS, Zonal Development Commissioner, SEEPZ-SEZ. Senior officials present included Mr. Mayur
