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
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China’s Polished Imports Rise in 2016
Beijing: China’s polished diamond imports increased 4.9 percent to $7.02 billion last year, according to data from the China Customs Information Center. By weight, polished imports increased 1.2 percent to 7.7 million carats, while the average price rose 3.7 percent to $916 per carat, the figures showed. Polished exports fell 11 percent to $1.91 billion, meaning net polished imports jumped
Pandora Opens State-Of-The-Art Facility in Thailand
Bangkok: Jewellery giant Pandora has officially opened its new, highly modernized and green crafting facility in Lamphun near Chiang Mai in Northern Thailand as part of the firm’s long term growth-strategy. The new facility is the first in a line of strategic initiatives in Pandora’s efforts to meet increasing demand. The facility is located in Lamphun close to Chiang Mai,
ALROSA in Top 3 Mining Companies in Russia
Moscow: ALROSA, the world leader in diamond mining by volume, was placed among the top three mining companies in Russia for environmental responsibility. The diamond company entered TOP-3 list in all the categories of the rating which are Environmental Management/Policy, Environmental Impact, Disclosure / Transparency. According to the jury assessing the rating, these positions reflect the leadership both in terms
Govt. Clarifies Why Rio Abandoned Bunder Project
Bhopal: The Opposition Congress is eyeing the withdrawal of global mining giant Rio Tinto from the Chhattarpur diamond mines in Madhya Pradesh suspiciously. Congress’ deputy leader of Opposition Bala Bachchan raised the issue during the Question Hour in the state assembly on Tuesday and asked mining minister Rajendra Shukla for a copy of the agreement signed between the government and
Diamonds for Development Fund Receives Initial Funding
Gaborone: The Government of the Republic of Botswana and De Beers Group yesterday announced that De Beers Group has transferred its initial contribution of BWP1 billion to the Diamond for Development Fund, marking a major milestone in the progress of the Fund and its mandate to support Botswana’s long-term economic diversification. The disbursement follows the establishment of the Fund’s governance
De Beers Reports Lower Q3 Output
London: De Beers reported an 11% year-on-year decrease in rough diamond production to 6.8-million carats for the quarter ended September 30, primarily driven by planned plant maintenance at Orapa, in Botswana, and a slowdown at Venetia, in South Africa, ahead of a planned two-year production pause. Operational Performance: De Beers notes that rough diamond production was 11% lower at 6.8
New FEMA Guidelines to Exporters Explained
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in association with IndusInd Bank, organized a webinar on 16 October 2026 to explain the revised Foreign Exchange Management Act (FEMA) guidelines and their implications for the gem and jewellery trade. Prakash Kumar Rath, Head – Gems, Jewellery and Diamond Division, IndusInd Bank, addressed key changes under the revised framework, which
India & France Explore New Frontiers in Luxury Jewellery
Paris: India’s Gem & Jewellery Export Promotion Council (GJEPC) brought 17 curated Indian fine jewellery companies to Paris, with the India–EU trade agreement lending fresh momentum to business partnerships, creative exchange and brand-building across France’s luxury ecosystem. The pitch was partnership, not just supply. India is looking to deepen its place in the global luxury conversation—not simply as a leading
