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 Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Top News
Can India Reinforce Confidence in the KP?
Mumbai (By Suresh Chotai): As India assumes the Chair of the Kimberley Process Certification Scheme (KPCS) this year, the global diamond industry sees renewed opportunity for meaningful dialogue on one of the most debated issues within the Process: the definition of so-called “blood” or “conflict” diamonds. The current Kimberley Process definition, framed in the early 2000s, restricts conflict diamonds to
GJC Submits Pre-Budget Recommendations
Mumbai: All India Gem & Jewellery Domestic Council (GJC), the apex body representing India’s domestic gems and jewellery trade, submitted its detailed pre-budget recommendations to the Hon’ble Finance Minister Smt. Nirmala Sitharaman for consideration in the Union Budget 2026–27. The representation focuses on five core pillars: 1. GST reforms to restore affordability and eliminate working capital blockage 2. Direct tax relief on
India’s G&J Exports to the US Fall by 44.42%
Mumbai: India’s gem and jewellery (G&J) exports to the United States witnessed a sharp contraction during April–December 2025, declining 44.42% year-on-year to US$ 3.86 billion, compared to US$ 6.95 billion in the corresponding period last year. In December 2025, exports to the US declined by 50.44% year-on-year, reflecting the continued impact of tariff-related pressures and subdued discretionary demand. Commenting on
Divine Solitaires Seeks $10 mln Fund for Expansion
Mumbai: Divine Solitaires, India’s loose solitaire brand that is exclusively focused on natural diamond solitaire jewellery, has opened its first round of seed funding seeking an investment of $10 million. The Mumbai-based company is gearing up to aggressively scale its business to become a $250–300 million enterprise over the next 3-4 years. Launched in 2006 by brothers Jignesh Mehta and Shailen Mehta,
GJSCI Aiming to ‘Skill India’, Launches RPL Program
Mumbai: Gems & Jewellery Skill Council of India Launched the RPL Program (Recognition of Prior Learning) as the first step to uplift the Karigars in the Gems & Jewellery Sector along with an awareness Ad Film during a conference at Indian Merchants Chamber in presence of Industry Thought leaders like Prem Kumar Kothari, Chairman, GJSCI, Binit Bhatt, COO, GJSCI, Vijay
Sotheby’s to Auction Lucara’s 1,109 Ct Diamond
London: Sotheby’s has announced that Lucara Diamond Corp has selected it to auction the 1,109-carat Lesedi La Rona diamond – the second-largest ever recovered, according to a report on cbc.ca. The auctioneer said that the sale, which is planned to take place on June 29 in London, could potentially realize as much as $70 million. “Not only is the rough
Blue Fancy Color Diamond Prices up 1.7% in Q1 '16
New York: The Fancy Color Diamond Index for the first quarter of 2016 showed fancy blue diamond prices rising by 1.7%. During the same period, fancy yellow diamonds saw price declines of 1.8%, while fancy pink diamonds saw a 0.3% price increase. Overall prices in the fancy color diamond category remained largely unchanged for the period. In comparison, according to
KSS Ltd. Enters in Jewellery Retail Business
Mumbai: KSS Limited, listed at BSE, NSE and Luxembourg Stock Exchange today announced its entry in the jewellery retail business with the launch of ‘Bjewelz’ under its wholly owned subsidiary Birla Jewels Ltd. With the first outlet slated to open in Patna, the company is bullish on its expansion plan of launching 500 outlets across the length and breadth of
