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
Top News
Dominion Sees More Life in Diavik Mine
Toronto: Dominion Diamond Corporation has extended the life span of its jointly owned Diavik mine by two years and hiked its estimate of the project’s future production. The deposit in Canada’s Northwest Territories will last until 2025, compared with a projection of 2023 given in March 2015, the miner said Friday. As a result, estimated output from now till the
Banks Snubbing Belgian Diamond Trade: AWDC
Antwerp: Belgian banks are discriminating against the diamond trade by not lending to anyone linked to the industry, the Antwerp World Diamond Centre (AWDC) has claimed. The AWDC has proof that banks are systematically refusing customers with any connection to the trade, for both personal and professional banking affairs, it said last week. Lenders snub diamantaires even before they’ve had
Chiadzwa Diamond Fields Besieged Again
Harare: Thousands of illegal diamond miners, who were evicted from the mining concessions about a decade ago, have since returned to Chiadzwa, raising fears the government could once again be losing millions of dollars in revenue, as uncontrolled mining activities have reappeared due to lack of security, reports News Day. This was revealed in an urgent chamber application filed by
Consumer Confidence in US Highest Since 2000
New York: American’s have a positive view of the current economic condition leading consumer confidence to reportedly reach the highest level in over 16 years. The Conference Board’s consumer confidence index jumped by more than 100 since February, indicating an improvement for the second consecutive month. It also eclipsed economists’ estimates of 114. Consumers have appraised the current conditions and
Ranbir Kapoor Joins PNG Jewellers as New Ambassador
Mumbai: PNG Jewellers, one of India’s most revered jewellery houses with a legacy dating back to 1832, announces Bollywood icon Ranbir Kapoor as its new brand ambassador. With his effortless blend of heritage, credibility and contemporary appeal, Ranbir Kapoor marks an exciting new chapter in PNG Jewellers’ journey as the brand strengthens its national presence. Founded in Maharashtra and now
CIBJO Warns About Non-Authorized Individuals
Mumbai: The World Jewellery Confederation (CIBJO) has issued an urgent warning about individuals claiming to represent CIBJO or bodies directly affiliated with CIBJO, offering products and/or financial instruments endorsed by CIBJO. The existence of such claims was brought to CIBJO’s attention on January 22, 2026, by a business person in India, who had been approached by an organization identifying itself
Industry Leaders’ Expectations from the Budget
Mumbai: The India Union Budget 2026-27 is expected to be presented on 1 February 2026 as India’s economy is forecast to expand by 7–7.5%, driven by resilient consumer spending, infrastructure upgrades, and ongoing policy initiatives. However India’s Gems and Jewellery sector (G&J) still needs some buster doze to bring it back on the track. We have received some feedbacks from
NDC Welcomes its New Members
Mumbai: The Board of Natural Diamond Council (NDC) is delighted to announce that Angola’s ENDIAMA E.P. and SODIAM E.P. have formally joined the organization as members, following the completion of all legal and regulatory requirements for accession. ENDIAMA E.P. – Empresa Nacional de Diamantes de Angola (National Diamond Company of Angola) is Angola’s state-owned diamond mining company, responsible for managing
