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
IDMA Welcomes New Ladies Executives
New York: International Diamond Manufacturers’ Association (IDMA) has welcomed the newly appointed ladies executives recently appointed in the global diamond sector on different faculties. In its 168th Weekly Newsletter, the IDMA president Mr. Ronnie VanderLinden says, “International Women’s Day was on March 8, already a week ago, but I would like to impress upon our rather somewhat conservative industry, the
Alrosa Starts Sales of Angolan Diamonds
Moscow: Russia’s top diamond producer Alrosa has sold two batches of diamonds from its Angola-based processing facility of Catoca since the beginning of this year, the company’s Vice President Rinat Gizatulin told TASS. “Since February 2017 our Angolan partners have allowed us to participate in sales. We have already sold two pilot batches of diamonds from the Catoca deposit,” he
Antwerp Diamond Ind. to Celebrate 570th Anniversary
Antwerp: The Antwerp diamond industry this year is celebrating its 570th anniversary. A document recently discovered in the City Archive identifies the first signs of a diamond trade in the city dating back to 1447. The City of Antwerp and the Antwerp World Diamond Centre (AWDC) have introduced this Diamond Year with the public launch of “In Antwerp We Speak
‘Coronet by Reena’ to be Launched at Baselworld
Basel: Hong Kong’s top brand Coronet® of Aaron Shum Jewellery Ltd. is known for innovation and exquisite craftsmanship. In the past two editions of Baselworld, Coronet® presented the Coronet Diamond Guitar and Coronet Gemstone Guitar, the two Guinness World Records setting artifacts that inspired imagination. This year, Coronet® is proud to unveil their partnership with award-winning Canadian jewellery designer and
Vaani Kapoor Named Brand Ambassador for Lukson
Mumbai: Lukson, the next-generation fine jewellery brand from the JK Star Group has announced the appointment of celebrated actress Vaani Kapoor as its official Brand Ambassador. With this partnership, Lukson strengthens its vision of making sustainable, design-led, and affordable luxury jewellery a part of everyday life for modern India. Founded in 2024 by third-generation diamantaire Anand Lukhi and co-founder Vedant
Global Platinum Jewellery Market Rebounds
Mumbai: Platinum Guild International (PGI), a worldwide marketing organization dedicated to creating, expanding, and strengthening consumer and trade markets for platinum jewellery, has shared its findings from its Platinum Jewellery Business Review update for Q1 2025, highlighting strong growth across key global markets, led by a significant recovery in China. Platinum jewellery is seeing renewed global momentum, with China leading
India not to Ask Nirav Modi About PNB Scam
London: Ahead of the extradition hearing of fugitive diamantaire Nirav Modi at Westminster Court, India has assured the United Kingdom that the Fugitive Economic Offender will not be “questioned” in connection with the $2 billion Punjab National Bank (PNB) fraud case. A written assurance or sovereign guarantee to this effect has been submitted to the UK authorities through the Crown
De Beers Launches Desert Diamonds Beacon
London: De Beers Group has announced the consumer launch of Desert diamonds, the first new ‘beacon’ it has developed in over a decade, supported by its largest category marketing investment in more than ten years. A De Beers beacon is a celebration of natural diamonds that is manifested through a jewelry concept designed to galvanize the industry around a central
