We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors
Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly
Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors
Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly
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GJEPC Welcomes India’s Role as KP Chair
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), the nodal agency for the Kimberley Process (KP) in India, welcomes India’s election as Chair of the Kimberley Process Certification Scheme (KPCS) for 2026. The Kimberley Process Certification Scheme, a UN-mandated initiative, is the only global mechanism governing international trade in rough diamonds, aimed at preventing conflict diamonds from entering legitimate
India New Zealand FTA to Benefit G&J Industry
Mumbai: India and New Zealand recently concluded a Free Trade Agreement (FTA) that offers significant duty-free access for Indian exports, but Gems & Jewellery (G&J) are listed among the sensitive sectors excluded from immediate zero-duty benefits under the FTA, with India protecting these products, alongside dairy, sugar, and metals, from immediate tariff cuts, though the overall deal aims to boost labour-intensive exports like textiles,
India’s G&J Exports Recover During April-Nov 2025
Mumbai: India’s gem and jewellery (G&J) exports showed clear signs of stabilization and recovery during April-November 2025, supported by improving global demand conditions and strong performance across diversified international markets. Total exports for the period rose marginally by 0.07% year-on-year to $18.87 billion, compared to $18.85 billion in the corresponding period last year, underscoring the sector’s resilience amid a challenging
How Many Years will the Diamonds Reserves Last?
Mumbai: Global economically viable diamond reserves are estimated at about 1.8 billion carats. At the current annual production level of roughly 90 million carats, these reserves are expected to sustain the market for around 20 years. The estimate was shared by Sergey Takhiev, Head of Corporate Finance and Investor Relations at Alrosa. More than half of the world’s diamond reserves
GJEPC Submits Recommendations on SEZ Revival
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) has submitted a report to the Ministry of Commerce, Government of India outlining detailed recommendations on the steps that should be taken for the revival of manufacturing activity in the Special Economic Zones (SEZ). The recommendations fall into three broad categories – related to SEZ Functioning, Tax Policy Support and Business
IIJW Telecast in India and US on 12th &19th Oct
Mumbai: Fans of fashion, jewellery, style …and Bollywood have a treat coming up this weekend. On Sunday October 12th, Star Plus will air a programme on India International Jewellery Show ( IIJW) which is a Gem & Jewellery Export Promotion Council (GJEPC)’s jewellery fashion extravaganza held in July this year, titled” Jalwa Sitaron Ka”. The four-day event will be captured
8.41 ct. Pink Diamond Fetches Record Price!
Hong Kong: An 8.41 ct. purplish-pink fetched $17.8 million—or $2.1 million a carat—at the Sotheby’s Oct. 7 jewelry auction in Hong Kong, setting a new record for a vivid pink at auction. The vivid purplish-pink gem “attracted keen competition,” the auction house said, before breaking the previous $10.7 million record set by a 5 ct. vivid pink stone in Hong
Zimbabwe Running Out of Diamonds
Harare: Zimbabwe is fast running out of diamonds, the latest figures reveal. Zimbabwe diamond exports in sharp decline as alluvial stones run out. Industrial-grade diamonds dominate Zimbabwe’s gem exports, although sales sharply declined to $188 million in 2013 from nearly $658 million in the previous year due to weakening demand from the United Arab Emirates, China and Belgium as mining
