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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Synthetics only 3% of Total Natural Diamond Supply
Surat: A summary of the findings of the study on the synthetic diamond landscape carried out by Bonas & Co for the GJEPC’s Natural Diamond Monitoring Committee (NDMC) and released at the DDES 2017 estimates the current peak installed capacity of synthetic diamond manufacturers worldwide to be between 2.3 mn to 4.2 mn, or about 2-3% of total natural diamond
India's Gold Imports Up in March to $4.17 Bn
Mumbai: India’s gold imports rose to $4.17 bn in March, which is expected to widen the current account deficit.Gold imports stood at $974 mn in March last year. Imports of gold were on a decline since February 2016 until September 2016. It grew in October and November last year but again dipped in December 2016 and January 2017. In February,
IDE Publishes Code of Ethics
Ramat Gan: The Israel Diamond Exchange (IDE) has published a code of ethics written specifically by Israeli professor Asa Kasher, the IDI portal announced. IDE President Yoram Dvash said: “I am proud to be the first bourse president in the world to launch a code of ethics. It combines very well the IDE’s path – a path of transparency and
Chow Tai Fook Posts Solid Sales Growth in Q4
Hong Kong: Hong-Kong based Chow Tai Fook, reports strong retail sales growth in the fiscal fourth quarter, reversing 12 consecutive quarters (3 years) of same store sales decline in Hong Kong and Macau, dating back to Q4 2014. The uptick was strongest in Mainland China, where overall retail sales value increased 16% while same store sales rose 12%. Overall and
Commerce Secretary Visits GJEPC Ofiice
Mr. Rajesh Agrawal, Commerce Secretary, Department of Commerce, India, visited GJEPC headquarters in Mumbai on 26 December and held a detailed interaction with GJEPC’s Committee of Administration, including Mr. Kirit Bhansali, Chairman, Mr. Shaunak Parikh, Vice Chairman, Mr. Anoop Mehta, Convener – Diamond Panel, Mr. Russell Mehta, Co-Convener – Diamond Panel, Mr. K.S. Srinivasan, Convener – Gold Panel, Mr. Ashish
GJEPC Welcomes India’s Role as KP Chair
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), the nodal agency for the Kimberley Process (KP) in India, welcomes India’s election as Chair of the Kimberley Process Certification Scheme (KPCS) for 2026. The Kimberley Process Certification Scheme, a UN-mandated initiative, is the only global mechanism governing international trade in rough diamonds, aimed at preventing conflict diamonds from entering legitimate
India New Zealand FTA to Benefit G&J Industry
Mumbai: India and New Zealand recently concluded a Free Trade Agreement (FTA) that offers significant duty-free access for Indian exports, but Gems & Jewellery (G&J) are listed among the sensitive sectors excluded from immediate zero-duty benefits under the FTA, with India protecting these products, alongside dairy, sugar, and metals, from immediate tariff cuts, though the overall deal aims to boost labour-intensive exports like textiles,
India’s G&J Exports Recover During April-Nov 2025
Mumbai: India’s gem and jewellery (G&J) exports showed clear signs of stabilization and recovery during April-November 2025, supported by improving global demand conditions and strong performance across diversified international markets. Total exports for the period rose marginally by 0.07% year-on-year to $18.87 billion, compared to $18.85 billion in the corresponding period last year, underscoring the sector’s resilience amid a challenging
