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 Vulnerable to Weak Diamond Market
Gaborone: Standard & Poor’s (S&P) maintained its negative outlook for Botswana last week due to the country’s continued reliance on the diamond sector. While diamonds account for approximately 80% of Botswana’s total exports and about one-third of its gross domestic product, the economy remains vulnerable to a weak performance in the sector, the financial-services company said Friday. “The negative outlook
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
Programme of 41st WDC Available on Website
Singapore: The Organizing Committee of the 41st World Diamond Congress (WDC), to be held July 12-15, 2026, in Singapore, announced that the full programme of the three-day event is now available and can be viewed in full on the dedicated Congress website. While the Congress panels for the joint WFDB and IDMA sessions were published earlier, the full programme now
Platinum Season of Love Begins from 17th April
Mumbai: Platinum Guild International (PGI) India has announced the launch of Platinum Season of Love 2026, its signature nationwide retail activation set to run from 17th April to 31st May 2026 across jewellery stores in India. A key strategic initiative in PGI India’s annual calendar, the programme is designed to drive consumer demand and retail momentum for platinum jewellery across
Edward Asscher Announces Candidacy for VC of the RJC
Amsterdam: Edward Asscher, the incumbent Vice Chair of the Responsible Jewelry Council (RJC), announced that he will run for another term in the position. In a letter to the RJC membership, he noted that the diamond, gem, and jewellery industry would be facing greater commercial challenges than ever before. “After serving four years as Vice Chair, I continue to argue
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
