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
Top News
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
Mehul Choksi’s Extradition is Cleared by Belgium
Mumbai: Belgium’s top court has dismissed fugitive diamantaire Mehul Choksi’s appeal against his arrest in Antwerp, which was made on the basis of an extradition request from New Delhi, according to people familiar with the matter. The Belgian Court of Cassation — equivalent to India’s Supreme Court — heard Choksi’s plea in Brussels on Tuesday and ruled in favour of
Mumbai: Gemfields has announced revenue of $25.4 million from its November–December auction of commercial-quality rough emeralds, marking one of the company’s strongest sales performances of the year despite earlier disruptions at the Kagem mine in Zambia. Held via private viewings in Jaipur, India, followed by an online sealed-bid process, the auction offered 46 lots of rough emeralds. Of these, 45
Open House Session with Mumbai Customs Dept.
Mumbai: The Customs Zone–III successfully conducted an Open House Meeting on 4th December 2025, chaired by Mrs. Prachi Saroop, Principal Chief Commissioner of Customs, to deliberate on various operational and policy-related issues concerning customs functioning at PCCCC. The meeting saw active participation from trade members, industry representatives, exporters/importers, GJEPC and senior customs officials, fostering a transparent and collaborative environment. The
Kalyan Jewellers Enters United Kingdom
Thrissur: Kalyan Jewellers, one of India’s jewellery brands, has further strengthened its global presence with the launch of its new showroom on Belgrave Road widely known as Leicester’s Golden Mile, the UK’s most prominent jewellery and South Asian retail hub. This milestone entry into the United Kingdom marks a strategic leap in the brand’s international expansion journey, following its sustained
