We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
Top News
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
GIA Launches Gem Guide for Artisanal Miners
New York: The Gemological Institute of America (GIA) is piloting a free gemology guide for artisanal miners in producing countries. The aim is to offer basic gemological and market knowledge in regions where gem-mining takes place, the institute said Tuesday. The GIA has distributed the illustrated booklet – available in English and Tanzanian Swahili – to approximately 45 women miners
Oman Abolishes Import Duty on Indian Jewellery
Mumbai: The India–Oman Comprehensive Economic Partnership Agreement (CEPA), which abolishes customs duty on imports of gems and jewellery in Oman from India, is expected to significantly boost India’s exports to Oman and strengthen direct trade linkages between the two countries, according to the Gem & Jewellery Export Promotion Council (GJEPC). India’s gem and jewellery exports to Oman currently stand at
BDB Honoured with Excellence in Surveillance Award
Mumbai: Bharat Diamond Bourse (BDB), the world’s largest diamond trading hub, has been awarded the Excellence in Surveillance Award at the prestigious IFSEC India Awards 2025, in recognition of its outstanding leadership in security management and advanced surveillance practices. The IFSEC India Awards are among the most respected recognitions in the security and safety industry, celebrating organizations that demonstrate innovation,
Comprehensive Discussion on Govt. G&J Policy
Mumbai: Bharat Diamond Bourse (BDB), in association with the Gem & Jewellery Export Promotion Council (GJEPC), organized an exclusive awareness and outreach session on the Maharashtra Gems & Jewellery (G&J) Policy 2025. The event featured an engaging and insightful interaction with Mr. Deependra Singh Kushwah (IAS), Development Commissioner (Industries), Government of Maharashtra whose forward-looking perspective offered industry stakeholders a comprehensive
Piyush Goyal Inaugurates NEST 2 at SEEPZ
Mumbai: India’s Commerce and Industry Minister Mr. Piyush Goyal unveiled the NEST–02 (New Enterprises & Services Tower – Phase 2) at the Santacruz Electronics Export Processing Zone (SEEPZ) yesterday, calling for stronger partnership between industry and the government to boost efficiency, transparency, and skilling. Speaking at the event, Mr. Goyal said SEEPZ must mirror the rapid economic growth witnessed under
