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
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China’s Jewellery Sales Record 7.9% Increase in Q1
Beijing: Retail sales of gold, silver and jewellery continued its winning streak in China, recording a 7.9 percent increase in the first quarter of 2017, data from the National Bureau of Statistics of China showed. Sales reached RMB 80.5 billion (around US$11.7 billion) from January to March, indicating a continued rebound in the jewellery consumption sector. Government data also showed
JNA Awards to Accept Entries Until May 5
Hong Kong: Industry players have until midnight of May 5 (Hong Kong time) to join the JNA Awards, one of the world’s most prestigious awards in the global jewellery and gemstone sector. Organised by JNA, the annual JNA Awards is set to further advance and propel Asia’s jewellery and gemstone industry by recognising and honouring companies and individuals that have
Zimbabwe NGO Has Zero Faith in ZCDC
Harare: Zimbabwe NGO Centre for Natural Resource Governance (CNRG) said the Zimbabwe Consolidated Diamond Company (ZCDC) does not have the capacity to mine diamonds from kimberlite sources, reports Rough-Polished, adding that the wholly owned state company set up early last year had no equipment of its own, and would likely turn to foreign investors to develop in Tsvingwe (Penhalonga) in
Argyle Decline Weighs on Rio Tinto Output
Perth: Rio Tinto’s diamond production fell in the first quarter, as its Argyle mine in Australia yielded a reduced volume and lower grade of ore. Group output dropped 8% year on year to 4.152 million carats for the three month period, with Argyle’s production down 11% to 3.016 million carats, Rio Tinto reported Thursday. Argyle’s operations shifted underground in 2013,
De Beers’ Rough Production Rises 88% in Q2 2026
London: De Beers has reported that its rough diamond production was 88% higher at 7.8 million carats, reflecting the impact of the extended maintenance shutdown in the comparative period at Orapa in Botswana, as well as the planned mining of higher-grade ore at both Jwaneng in Botswana and Gahcho Kué in Canada. Planned plant maintenance at Orapa and Jwaneng during
Only Natural Diamonds Should be Graded with 4Cs: CIBJO
Milan: The Diamond Commission of the World Jewellery Confederation (CIBJO) has insisted that the 4C polished diamond grading system (cut, color, clarity, and carat weight) should only be used for natural stones, but not synthetic ones. In the Special Report prepared for the upcoming 2026 CIBJO Congress, the Commission’s head Udi Sheintal also urged the industry’s stakeholders to use the
Forevermark Diamond Jewellery Enters East India
Kolkata: Forevermark Diamond Jewellery from De Beers Group has strengthened its presence in East India with the launch of its new store at South City Mall, Kolkata, marking the opening of its 10th store in India and another significant milestone in the brand’s retail expansion journey. Inaugurated by filmstar Raima Sen, the store brings Forevermark’s signature collection of natural diamond jewellery to one of the
India’s G&J Exports Recovers in June 2026
Mumbai: India’s gem and jewellery (G&J) exports rebounded sharply in June 2026, with gross exports rising 26.51% year-on-year to US$2.21 billion (Rs. 21,010.78 crore), signalling a recovery in overseas demand after a subdued start to the financial year. Despite the strong monthly performance, exports for the April-June quarter remained largely unchanged at US$6.61 billion (Rs. 62,588.61 crore), up just 0.04%
