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
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IIDGR Partners with Lukfook Jewellery
Hong Kong: The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group announced on Thursday that it has established a polished diamond grading partnership with Lukfook Jewellery, a leading Hong Kong and Mainland China jewellery retailer. The grading partnership is De Beers Group’s first with a vertically-integrated Sightholder. Through the partnership, the IIDGR will supply co-branded
De Beers Cuts Sightholder Allocations
Gaborone: De Beers has reduced the supply of rough diamonds it will be offering sightholders in the coming year, as it fulfills its commitment to support diamond manufacturing in Namibia. The company signed an agreement with the Namibian government last year, committing to allocate 15% of its Namibia production to state-owned company Namdia, which will conduct independent sales on behalf
‘Kashmir-Like' Sapphires Entered Gem Trade
Basel: (By Dr. Michael S. Krzemnicki, SSEF): In recent weeks, the Swiss Gemmological Institute SSEF has analysed a significant number of sapphires from a new deposit at Bemainty, near the small town of Ambatondrazaka in Madagascar, which were submitted to us by several reliable independent sources. Bemainty/Ambatondrazaka is the site of a new gem-rush in Madagascar, which over the past
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
Kirit Bhansali Attends India-UK CEOs Forum
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) Chairman Mr. Kirit Bhansali was privileged to represent the gem and jewellery sector as part of the distinguished delegation accompanying Hon’ble Prime Minister Mr. Narendra Modi during his discussions with UK Prime Minister Sir Keir Starmer at the India-UK CEOs Forum . This high-level trade mission underscores the strong commitment of
Feriel Zerouki to Leave De Beers Group
London: De Beers Group today announced that Feriel Zerouki, Chief Trade and Industry Officer and member of the Executive Committee, has decided to leave the company at the end of October 2025. Feriel joined De Beers in 2005 and has played a central role in shaping the company’s leadership in ethics, provenance and industry integrity. She led the launch of
NITI Aayog Partners with GJEPC to Boost Exports
Mumbai: India’s gems and jewellery industry got a significant boost on 7th October 2025, when NITI Aayog and GJEPC brought together key stakeholders to discuss the sector’s future competitiveness and export potential. The hybrid event, hosted at the Bharat Diamond Bourse (BDB) with several participants joining virtually, featured Mr. Sanjeet Singh, Senior Advisor, NITI Aayog, joined by Mr. Kirit Bhansali,
10% Traffic Increase in JGW Hong Kong
Hong Kong: Jewellery & Gem WORLD Hong Kong 2025 (JGW) recorded a 10% increase in buyer attendance over the previous edition – a cautiously positive signal against a backdrop of complex market realities, Informa Markets Jewellery announced yesterday. Despite ongoing trade tensions, supply chain disruptions and high gold prices rattling the luxury goods market, the world’s No.1 jewellery sourcing destination
