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
Diamond Conference Mines to Market Concludes
Mumbai: The two-day long International Diamond Conference Mines to Market organised by The Gem & Jewellery Export Promotion Council (GJEPC) as part of its 50th anniversary celebrations concluded in Mumbai on Monday after intense discussions spanning an extensive spectrum of issues related to the different stages of the pipeline. Summing up the two-day event, which included a Gala Dinner addressed
DPA’s India Campaign to Unveil in IIJS 2017
Mumbai: The first ever generic diamond promotion campaign in over a decade launched by the Diamond Producers Association (DPA) in 2016, and the organisation’s plans to drive demand for diamonds especially among the millennial consumers, occupied centre stage at the session on Marketing during Day 2 of the GJEPC’s Mines to Market conference in Mumbai. The audience welcomed the announcement
Om Jewellers Launches Forevermark in Mulund
Mumbai: OM Jewellers strengthened its partnership with Forevermark, the diamond brand from the De Beers Group of Companies, by launching the brand at its store in Mulund (W). Celebrating the launch, Bollywood actress Prachi Desai unveiled OM Jewellers’ exclusive collection crafted with beautiful Forevermark diamonds. Wearing stunning Forevermark jewellery she said, “Diamonds are every girl’s best friend and when that
SSEF Launches Pearlscan
Basel: The Swiss Gemmological Institute SSEF is introducing to the market a new system for scanning both single and multi-strand pearl necklaces. Called PearlScan®, it can count large quantities of pearls on strands, and measure their dimensions. Consisting of an A4 scanner, computer and proprietary software, the system offers the pearl industry a new and efficient way of documenting pearl
GJC Submits Pre-Budget Recommendations
Mumbai: All India Gem & Jewellery Domestic Council (GJC), the apex body representing India’s domestic gems and jewellery trade, submitted its detailed pre-budget recommendations to the Hon’ble Finance Minister Smt. Nirmala Sitharaman for consideration in the Union Budget 2026–27. The representation focuses on five core pillars: 1. GST reforms to restore affordability and eliminate working capital blockage 2. Direct tax relief on
India’s G&J Exports to the US Fall by 44.42%
Mumbai: India’s gem and jewellery (G&J) exports to the United States witnessed a sharp contraction during April–December 2025, declining 44.42% year-on-year to US$ 3.86 billion, compared to US$ 6.95 billion in the corresponding period last year. In December 2025, exports to the US declined by 50.44% year-on-year, reflecting the continued impact of tariff-related pressures and subdued discretionary demand. Commenting on
Divine Solitaires Seeks $10 mln Fund for Expansion
Mumbai: Divine Solitaires, India’s loose solitaire brand that is exclusively focused on natural diamond solitaire jewellery, has opened its first round of seed funding seeking an investment of $10 million. The Mumbai-based company is gearing up to aggressively scale its business to become a $250–300 million enterprise over the next 3-4 years. Launched in 2006 by brothers Jignesh Mehta and Shailen Mehta,
IIJS Bharat Signature Closes with Rs. 75,000 Cr. Orders
Mumbai: The 18th edition of IIJS Bharat – Signature 2026, organized by GJEPC, concluded in Mumbai, marking a strong start to the global gems and jewellery trade calendar for 2026. As the first major B2B trade show of the year, the event set a bullish tone for the industry, with an estimated ₹75,000 crore in business expected to be realised
