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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KGK to Invest $50M in Polishing Near Vladivostok
Moscow: Back in September 2016, ALROSA announced a partnership with Indian company KGK Diamonds Private Ltd, a global leader in diamond cutting, to develop cutting and polishing facilities in Eurasian Diamond Centre in Vladivostok. The agreement entailed ALROSA assisting KGK in the creation of a diamond cutting company on the territory of the Diamond Centre in the Far East, supplying
India’s Exports of G&J Grew 9.5% in April-January
Mumbai: India’s exports of gems and jewellery grew 9.5 per cent to about $29 billion during April-January 2016-17, driven largely by demand in India’s major markets like the US. In April-January period of the previous fiscal, exports from the sector stood at $26.5 billion, according to the data from Gem and Jewellery Export Promotion Council (GJEPC). Gems and jewellery contribute
Firestone Finds 110 Ct Yellow Diamond at Liqhobong
London: Firestone Diamonds has recovered a 110 carat gem-quality light yellow diamond, during the ramp up phase at its Liqhobong Diamond Mine in Lesotho. The AIM-quoted diamond mining company said in a statement that the latest recovery was its largest diamond to date. “The 110 carat gem-quality light yellow diamond recovered during Liqhobong’s ramp-up phase is a very exciting and
Signet, DPA Setting Synthetics Detection Criteria
New York: Signet Jewelers is working with the Diamond Producers Association (DPA) and product-testing firm UL on an initiative to establish quality criteria for equipment that detects synthetics, the jeweler said, as reported in Rapaport. The project with UL, formerly Underwriters Laboratories aims to establish criteria for identifying screening equipment for lab-grown diamonds. That’s in addition to the machines currently
IIJS Bharat Premiere Strengthens GCC Outreach with Deira Gold Souq Campaign
Dubai: India’s Gem & Jewellery Export Promotion Council (GJEPC) stepped up its buyer outreach in Dubai, placing the famed Deira Gold Souq at the heart of its campaign to drive participation in IIJS Bharat Premiere, scheduled to be held from 5 to 10 August 2026 in Mumbai. With 76% of Dubai’s jewellery buyers concentrated in Deira Gold Souq, the district
Pritesh Patel to Headline Fireside Chat at WDC
Singapore: The 41st World Diamond Congress will feature an exclusive fireside chat with Pritesh Patel, the newly appointed President and CEO of the Gemological Institute of America (GIA), marking one of his first major public appearances in the role on the global stage. Patel steps into the position at a pivotal moment for GIA and the broader diamond trade. Moderated
Booths Allotted to the IIJS Premiere 2026 Exhibitors
Mumbai: In a single day, 34,000+ booths were successfully allotted to 1,800+ companies, turning booth allocation into a celebration of excitement, anticipation, and new beginnings. Exhibitors now know their place on the grand stage and are eagerly counting down to the biggest B2B jewellery gathering of the year. Excitement filled the air as exhibitors found out their booth locations and
Customs Export-Import Facilitation Centre at SEEPZ-SEZ Inaugurated
Mumbai: India’s Minister of State for Commerce & Industry Mr. Jitin Prasada inaugurated the Customs Export-Import Facilitation Centre (CEIFC) at SDF-VIII in SEEPZ-SEZ, Mumbai, on 19 June 2026, marking a significant step towards strengthening trade facilitation within the export zone. The inauguration was hosted by Mr. Dnyaneshwar B. Patil, IAS, Zonal Development Commissioner, SEEPZ-SEZ. Senior officials present included Mr. Mayur
