We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
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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
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
Guangzhou Exchange Holds Inaugural Rough Sale
Beijing: The Guangzhou Diamond Exchange (GZDE) held its first sale of rough diamonds this month, noting strong demand for goods listed on its online platform. Diamonds were sourced from unnamed international suppliers and sold via three platforms: direct negotiation, allocated supply and an online auction, the exchange said Thursday. The introduction of rough sales at the exchange gives local dealers
GJF Expects 20-30% Sales-Growth on Akshaya Tritiya
Mumbai: The All India Gems and Jewellery Trade Federation (GJF) expects robust sales this Akshaya Tritiya (April 28) across India. Consumer demand is expected to be strong due to the wedding season and traditional custom to buy gold on the occasion of Akshaya Tritiya. Mr. Nitin Khandelwal, Chairman, GJF, said, “As a custom and tradition in India, people buy jewellery
World Diamond Congress in Singapore from July 12
Singapore: The next World Diamond Congress, a joint assembly of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), will be held July 12-15, 2026, at the Sands Expo & Convention Centre. “We are excited to hold this pivotal industry gathering once again in Singapore,” Fabio Cascapera, President of the Diamond Exchange of Singapore (DES),
IIGJ Lab Simplifies Ruby Treatment Description
New Delhi: IIGJ Lab is committed to serve the Gem & Jewellery Industry by providing independent quality assessment of Gemstones & Jewellery. IIGJ’s Ruby Identification service is well known and is availed by gemstone manufacturers, traders, and retailers. Effective 6th November 2025, IIGJ Lab (A Project by GJEPC India) sponsored by Ministry of Commerce and Industry, Govt. of India has
GJEPC Headed G&J Sector During President’s Botswana Visit
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) headed the gem and jewellery (G&J) sector’s presence during President Smt. Droupadi Murmu’s state visit to Botswana from 11 to 14 November. As part of Indian delegation, led by South Gujarat Chamber of Commerce & Industry (SGCCI), Mr. Jayanti Savaliya, Regional Chairman – Gujarat, GJEPC, was heading a team representing the
Sky Gold Registers Growth Oriented Q2 Results
Mumbai: Sky Gold and Diamonds Limited (BSE: 541967 | NSE: SKYGOLD), listed B2B Gold Jewellery manufacturer recently announced its Q2FY26 results for the quarter ended September 30, 2025. With a solid Q1FY25, the company has continued Q2FY26 with a strong growth momentum, backed by rising exports, capacity enhancement plans, and deeper retail partnerships across India, the Middle East and Southeast Asia. (All figures in ₹ crore unless otherwise stated) Particulars(₹ Crores) Q2’FY26 Q2’FY25 Y-o-Y Q1 FY26 Q-o-Q Revenue 1484.5 768.8 93.1% 1131 31.2% EBITDA 99.9 38.8 157.5% 71.4 39.9% EBITDA Margin (%) 6.73% 5.1% 163bps 6.3% 43bps PAT
