We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
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Gold Imports Fall By 35.45% in Ahmedabad
Ahmedabad: Gold imports in Ahmedabad declined in April. According to data from the Ahmedabad Air Cargo Complex, gold imports in April fell by 35.45% from March. Last month, 7.39 metric tonnes of yellow material was imported against 11.45 metric tonnes in March; this despite the fact that gold jewellery market was buoyant owing to Akshaya Tritiya last week. On the
GST Fear Grips India's Gem Exporters
Mumbai: Political uncertainty in Europe coupled with the fear that the government will bring gem and jewellery exports and imports under GST are worrying exporters, even though the overall exports in FY17 have risen by 9.85% over FY16. In value terms, total exports of gem and jewellery stood at $43.15 billion in FY17 compared with $39.24 billion in FY16, reports
Kimberley Process Intersessional Kicks Off in Australia
Perth: Australia’s term as Chair of the Kimberley Process (KP) kicked off on Monday at the KP Intersessional Meeting in Perth, which runs from May 1 – 4. The focus of this year’s meeting is the start of the Kimberley Process Certification Scheme (KPCS) review cycle in order to strengthen the Kimberley Process. According to a World Diamond Council (WDC)
Cartier Inks Online Deal with Net-A-Porter
New York: Luxury watch maker Cartier is allowing customers to buy a watch over the internet for the first time. The company is working with online fashion emporium Net-A-Porter on a month-long pop-up shop to offer 12 models of the latest Panthère de Cartier watch – an iconic timepiece from the early eighties re-issued this year. Net-A-Porter, which is owned
De Beers Report Highlights Progress in Key Areas
London: De Beers Group today published its 2024 sustainability report, highlighting significant progress across its key focus areas of climate, livelihoods, nature and provenance. These areas were identified as the priorities for De Beers Group’s sustainability work as part of a mid-term review of the Group’s Building Forever sustainability framework initiated last year. During the course of 2024, De Beers
A Moment of Reckoning for India’s G&J Industry
Mumbai (Gems2jewellery.com Exclusive): India’s Gem and Jewellery (G&J) sector has long dazzled global markets, not just with its sparkle but with the millions of livelihoods it sustains. From the diamond polishing units of Surat to the gold jewellery workshops of Mumbai and Jaipur, this industry has been the backbone of India’s export story. But today, that glitter is under threat.
Gaston to Acquire 100% Ownership of Lucapa Diamond
Dubai: Gaston International DMCC (“Gaston”), part of Jemora Group, has announced that it has entered into a binding term sheet (the “Binding Term Sheet“) with Richard Tucker and Paul Pracilio (“Administrators”) of Lucapa Diamond Company Limited (“Lucapa”), an ASX-listed company, for a Deed of Company Arrangement (“DOCA”) contemplating the acquisition of all issued shares of Lucapa by Gaston (the “Transaction“).
16% Surge in India’s G&J Exports in July 2025
Mumbai: The Indian gem and jewellery industry is witnessing signs of revival, with July exports delivering a much-needed boost amid the lingering impact of US tariffs. A robust 15.98% growth in overall exports, a sharp rebound in cut and polished diamond exports to Hong Kong, and strong order bookings from IIJS Premiere 2025 have infused optimism ahead of the festive
