We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Top News
Forevermark Diamond Jewellery Opens Store in Mumbai
Mumbai: Forevermark Diamond Jewellery marked a defining milestone in its India journey with the grand opening of the world’s largest flagship store by De Beers Group in Mumbai. Located at Crest Link, Khar West, at the heart of Linking Road, the nearly 5,000 sq. ft. store reflects the brand’s long-term commitment to Indian consumers seeking meaningful, design-led luxury. The marquee
JewelStart to Elivate India’s Role as “Jeweller to the World”
Mumbai: IIJS Bharat Signature 2026 witnessed a defining moment for India’s gem and jewellery industry with the launch of JewelStart, GJEPC’s first dedicated incubation and acceleration platform for gems, jewellery and allied startups. Unveiled at the show in Mumbai, JewelStart signals a deliberate move to embed structured innovation, entrepreneurship and technology-led problem solving into the industry’s growth story. Conceived as
Platinum Jewellery Continues to Show Sustained Momentum: Vaishali Banerjee
Mumbai (By Suresh Chotai): India’s platinum jewellery sector delivered a strong performance in 2025, supported by robust consumer demand, innovative product lines, and the metal’s attractive pricing compared to gold. Despite global headwinds and periodic market volatility, domestic retail sales and exports recorded healthy growth, positioning platinum as a compelling choice for modern Indian consumers. According to industry estimates, platinum
GJEPC Confers Hall of Fame Awards
Mumbai: The Hall of Fame is more than an awards presentation. It is the occasion reflecting the shared values and collective strength of the gem and jewellery community. GJEPC honoured their contributions that have left a lasting impact and continue to inspire the next generation. These are the leaders who have shaped the industry’s journey and its future. Dilip Kumar
Rio Tinto Q2 Production Increases to 4.7 Mln Carats
Perth: Rio Tinto announced that production increased to 4.696 million carats in the second quarter, compared to 3.832 million carats in the same quarter of 2014. Rough diamond production in the first half of the year totaled 8.851 million carats, up from 7.482 million carats in 2014. The company said that production at the Argyle mine in Australia was 37-percent
33% of De Beers’ Goods Rejected
Gaborone: De Beers’ customers declined to buy about a third of the diamonds offered for sale this week by the world’s biggest producer, according to two people familiar with the process, reports Bloomberg. The buyers, or sightholders, exercised the right granted by De Beers this month to defer purchasing about 25 percent of the stones on offer and rejected about
Rockwell Q1 Revenue Drops 39%
Vancouver: Rockwell Diamonds Inc.’s first revenue dropped a substantial 39 percent to C$9.2 million ($7.2 million) for the first quarter, ended May 31. Rough diamond sales dropped 14 percent to C$8.3 million ($6.5 million), down from C$9.7 million ($7.6 million) in the first quarter of the fiscal 2015 year. Beneficiation revenue fell 83 percent to just C$900,000 ($705,000). The company
India Rough Imports Expected to Decline 10-15%
Mumbai: A confluence of negative factors in the Indian diamond industry has led to a massive decline in imports of rough diamonds into the country, which is expected to continue to decline, according to The Times of India. The Gem & Jewellery Export Promotion Council (GJEPC) data show a 24 percent decline in value terms, 13 percent in volume terms,
