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
Top News
Sarine Brings Surat Business Under One Roof
Surat: Sarine Technologies has united all its Surat-based operations in one building in the Indian diamond-manufacturing city. The new six-story facility, Sarin House, spans a total of 5,100 square meters and houses about 400 staff members, the Israel-based supplier of diamond-processing technology said. The building – wholly owned by the company’s Indian subsidiary, Sarin India – will house customer care
Gem Diamonds Profit Halves in 2016
London: Gem Diamonds Limited posted a sharp drop in revenue and a halving on the year in profit in its financial results for calendar year 2016. Revenue dropped to $189.8 million from $249.5 million in 2015, while profit was $32.3 million from $67.4 million. Consequently, its directors have “resolved not to propose the payment of a dividend in respect of
Forevermark Forum Stresses Importance of Consumer
New York: The sixth annual Forevermark Forum took place last week, with 450 Forevermark retail jeweler, manufacturer and diamantaire partners. The ‘Forevermark Forward’ conference theme focused on leading with Forevermark to gain a competitive advantage and improve overall diamond business. “Through innovation, integrity and superior quality, Forevermark offers a more engaging customer experience than any other diamond brand,” said Charles
Namibia Earns $305m from De Beers
Windhoek: The Namibian Government is said to have earned R4 billion ($305 million) from De Beers last year in corporate tax, royalties and dividends. De Beers and the government of Namibia jointly own Namdeb Holdings, which has operations along the south-west coast of the country as well as land-based operations at Oranjemund and satellite mines near Lüderitz and along the
GJEPC’s Australia-New Zealand Trade Mission
Mumbai: The Brisbane portion of GJEPC’s Australia-New Zealand trade mission brought Indian gem and jewellery exporters into discussions with Queensland’s jewellery retailers, wholesalers and business bodies, while reinforcing the opportunities created by the India-Australia ECTA. Led by Vijay Mangukiya, Convener – International Events, GJEPC, the delegation visited Brisbane on 24-25 August 2026 and met Ms. Neetu M. Bhagotia, Consul General
Harshvardhan Rane is the New Face of Ti22 by Aham
Mumbai: Senco Gold & Diamonds has announced actor Harshvardhan Rane as the face of Ti22 by Aham, its latest titanium, gold and diamond collection under its dedicated men’s jewellery brand, Aham. Reflecting the evolving expression of modern masculinity, Ti22 by Aham brings together the strength and lightness of titanium with the timeless appeal of gold and diamonds. With Harshvardhan Rane at
Let this Rakshababdhan Shine Brighter with Platinum
Mumbai: Rakshabandhan has always been a celebration of the quirks, chaos, shared memories and quiet strength that define sibling relationships. Over the years, gifting has become an integral part of the festival – a way to express love, create new memories and celebrate the bond that grows stronger with time. As gifting becomes more personal and thoughtful, platinum jewellery is emerging as a distinctive choice for
GJEPC Webinar Explores Niryat Protsahan Support Under Export Promotion Mission
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) organized a webinar recently to familiarize exporters with ‘Niryat Protsahan’ schemes under the Government of India’s Export Promotion Mission (EPM), with a focus on affordable finance, e-commerce exports and market diversification. The session featured Ms. Trupti Mhatre, General Manager, Export-Import Bank of India (Exim Bank); Mr. Sabyasachi Ray, Executive Director, GJEPC
