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
Israel Bourse Slices $3M off Expenses
Ramat Gan: The Israel Diamond Exchange (IDE) has reduced membership fees for 200 companies after a cost-cutting program resulted in $2.8 million (ILS 10 million) in annual savings. The bourse has extended its bursary scheme – which entails a 50% subsidy for companies that cannot afford the full membership sum – so that a total of 400 firms will now
Rockwell Diamonds Subsidiaries Face Liquidation
Johannesburg: Rockwell Diamonds said a judge in Kimberley, South Africa issued an interim liquidation order last Thursday against three of its subsidiaries, reports rough-polished.com. It said the interim orders, which have to be confirmed in a final hearing, included Rockwell Resources RSA, HC van Wyk Diamonds and Saxendrift Mine Limited. The interim court order would not affect Rockwell Diamonds as
GJEPC Makes Presentation at GST State Conclave
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) delegation led by Chairman Mr. Praveenshankar Pandya made a presentation on GST issues to the Hon’ble Union Finance Minister Mr. Arun Jaitley at the GST conclave organised by the Maharashtra State Government in Mumbai on March 26. The meeting was also attended by Hon’ble Revenue Secretary, Dr. Hasmukh Adhia. The issues
Gemfields Tests Nanotechnology at Kagem Mine
London: The Gübelin Gem Lab, a leader in the analysis of precious gemstones, has launched its Emerald Paternity Test. This new technology uses customized DNA-based nano particles enabling trace-ability of emeralds back to the exact place of mining. The Emerald Paternity Test is a true game-changer for the coloured gemstone industry. It is the first of a series of technologies
Mehul Shah Elected President of WFDB
Mumbai: Mehul Shah, Vice President of Bharat Diamond Bourse has been elected President of World Federation of Diamond Bourses, (WFDB) the apex global body of the diamond trade comprising 26 Diamond Bourses from across the Globe and 6 affiliated members. The election took place on Monday, July 12, during the ongoing World Diamond Congress in Singapore. Leaders of the 21
HRD Design Awards Coming to India
Mumbai: For 40 years, the HRD Design Awards have celebrated the world’s finest jewellery design talent. Now, for the first time in its history, the awards are coming to India. Designers, jewellers, students, goldsmiths, and creative talents from around the world are invited to submit their entries and compete on a global stage. THEME “Where Earth Meets Eternity Born from the
IAGES Directory Brings Verified Partners on One Platform
Mumbai: The Accredited Partner Directory launched by the Indian Association for Gold Excellence and Standards (IAGES) in November, 2025, has gained significant momentum among consumers and gold businesses since its inception. This one-stop digital platform now hosts a growing network of over 700 IAGES partner outlets across 200 cities, allowing consumers to find verified, trusted jewellers nearest to them before
De Beers Sets out Portfolio & Organizational Actions to Support Long-Term Value Creation
London: De Beers Group is advancing delivery of its business streamlining by setting out a number of planned portfolio and organisational changes to ensurean efficient cost base that strengthens resilience in the near-term while enhancing future competitiveness and retaining optionality as industry conditions improve. Since 2024, De Beers has been streamlining its business in line with its Origins strategy to
