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
Fancy Color Diamond Price Index Slightly up in Q1
New York: The Fancy Color Diamond Index for the first quarter of 2017 indicates pricing stability across most fancy color diamond categories. The main exception was blue fancy color diamonds, which saw a 1.9% price increase in the first 3 months of 2017, continuing the trend of 2016. During the same time, yellow and pink fancy color diamond prices remained
Jewellery World Discusses Concept of “Oneness”
Shenzhen: Prestigious industry leaders and design experts shared their interpretations of “Oneness,” the theme of the Xifu International Gold Wedding Jewellery Design Competition 2017 at a forum on April 19, 2017. Organised by the competition, the forum at the Shenzhen Convention Centre was attended by students, aspiring contestants and jewellery aficionados. International jewellery consultant Helen Mao started the discussions by
Saudi’s Biggest Gold Mine Opens in Mecca
Mecca: The biggest gold mine in Saudi Arabia is set to be launched in Mecca. The governor of Mecca, Prince Khalid Al-Faisal will launch the Al-Duwaihi Gold Mine and Factory and other mining infrastructure projects in the region on Monday, local daily Arab News reported. Al-Duwaihi, the biggest gold mine in the kingdom, is owned and operated by the Saudi
De Beers Sales Rise Amid Market Recovery
Gaborone: De Beers’ rough-diamond sales and production grew in the first quarter, signaling upbeat sentiment in the manufacturing sector. Sales volume jumped 74% to 14.1 million carats, reflecting improved rough demand, the company said Monday. The number of sights — contract sales events — also impacted the result, as there were three this quarter compared with two during the same
GJC Welcomes Formation of Dakshata Samiti
Mumbai: The All India Gem & Jewellery Domestic Council (GJC), the apex body representing over 600,000 jewellers across India, has welcomed the Maharashtra Government’s historic step of establishing a state-level ‘Dakshata Committee’ (Vigilance Committee) to ensure the safety and security of jewellers. For a long time, jewellers have faced harassment during investigations of theft and robbery cases involving gold and silver. In
Augmont Enterprises Files for Rs. 800 Crore IPO
Mumbai: Augmont Enterprises Limited, an integrated gold and silver platform in India serving businesses and consumers, with a presence across 24 states, as of August 31, 2025, has filed its Draft Red Herring Prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI). The IPO comprises of a Fresh issue of equity shares of face value ₹ 5
Paul De Wachter Appointed CEO of HRD Antwerp
Antwerp: The Board of Directors of HRD Antwerp, a subsidiary of the Antwerp World Diamond Centre (AWDC), has appointed Paul De Wachter as its new CEO. Bringing over twenty years of experience and a proven track record in the international diamond industry, De Wachter will assume the role in January 2026. As CEO, he is tasked with strengthening HRD’s position
MMTC-PAMP Unveils Lord Shiva 50gm Silver Bar
Mumbai: MMTC-PAMP, India’s only London Bullion Market Association (LBMA) accredited Good Delivery gold & silver refiner, has launched the Lord Shiva 50 grams 999.9+ purity Silver Bar, an exceptional collectible that celebrates the timeless devotion to Lord Shiva, a deity deeply revered in Hinduism. This silver bar is a spiritual masterpiece, a visual embodiment of Lord Shiva’s cosmic power, serenity,
