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
HK Records 4.7% Rise in Q1 Jewellery Exports
Hong Kong: Exports of jewellery, goldsmiths and silversmiths’ wares in Hong Kong reached HK$45.14 billion (around US$5.8 billion) during the first quarter of 2017, up 4.7 percent from the same period a year ago, the Census and Statistics Department of Hong Kong revealed. Government data also showed a 3.2 percent year-on-year increase in jewellery imports to HK$57.1 billion (around US$7.33
India’s Gems & Jewellery Exports in FY17 Rises 9.85%
Mumbai: India’s Exports of Gems and Jewellery increased 9.85% to USD 43,156.21 mn in FY17 (provisional data in April 2016 to March 2017) vis-a-vis USD 39,244.29 mn in FY16 (April 2015 to March 2016). Gross exports of cut and polished diamonds in FY17 increased to USD 22,783.81 mn witnessed a growth of 10.24% in FY17 as compared to USD 20,667.79
Strategy Expert Joins JNA Awards 2017 Judging Panel
Hong Kong: The JNA Awards, one of the most prestigious and coveted awards in the international jewellery and gemstone industry, has announced that Mark Lee, Research Director of the Asia Pacific Institute for Strategy, is the latest to join the 2017 judging panel. The JNA Awards is known for its transparent, fair and intellectually rigorous judging process. Lee will be
Tiffany Loses Appeal on $450M Swatch Ruling
Amsterdam: A Dutch court this week upheld a 2013 ruling ordering Tiffany & Co. to pay Swatch Group $450 million (CHF 402.7 million) in damages from their failed joint watch venture, Tiffany reported. The two companies established a partnership in December 2007 to produce and market watches under the Tiffany brand, but the deal ended in a bitter and expensive
New Digital Innovation Reinforces Antwerp’s Global Leadership
Antwerp: The Belgian diamond federation Antwerp World Diamond Centre (AWDC) has launched an innovative digital customer screening tool, based on Regulatory Technology (RegTech) and tailored to the specific needs of the diamond industry. With this new application, the Antwerp diamond sector takes an important step forward in the prevention of money laundering, helping diamond companies to meet their legal Anti-Money
GJSCI Signs MoU with APSSDC
Mumbai: The Gem & Jewellery Skill Council of India (GJSCI) has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh State Skill Development Corporation (APSSDC) to implement skill training programmes. The collaboration will encompass Short-Term Training programs, upskilling modules, and Recognition of Prior Learning assessments, designed to enhance talent development in the gems and jewellery sector. Through these structured
GSI and Mindron Unveil TRUSURE APEX
Mumbai: Gemological Science International (GSI) and Mindron announced the launch of the Trusure Apex, a state-of-the-art and advanced diamond screening instrument, at a recent event. Powered by GSI, this groundbreaking tool is engineered to detect natural diamonds, lab-grown diamonds (CVD and HPHT), and non-diamond simulants such as CZ, across various jewellery types and categories, including loose, mounted, and complex polki
WDC Urges KP to Support Historic Reform
Dubai: Feriel Zerouki, President of the World Diamond Council (WDC), opened the 2025 Kimberley Process (KP) Plenary with a decisive call for participants to support a modernized definition of “conflict diamonds,” marking a pivotal moment for the international certification scheme. Ms. Zerouki highlighted three years of hard work, drafting and negotiation led by the WDC and honored the leadership of
