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
Alrosa Posts 41% Jump in Revenue in 2016
Moscow: Alrosa reported a 41-percent jump in revenue to 317.1 billion rubles ($5.4 billion) for 2016 IFRS (International Financial Reporting Standards) results. Meanwhile, net income surged fourfold on the year to 133.5 billion rubles ($2.25 billion) and free cash flow increased threefold to 111.4 billion rubles ($1.9 billion). Igor Kulichik, Alrosa’s Vice President – Chief Financial Officer, said 2016 was
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
LML Brand Holdings Expands into Jewellery Segment
New Delhi: Driven by its vision of identifying and revitalising iconic Indian brands that have earned lasting consumer trust, LML Brand Holdings recently announced the acquisition of Asmi and Sangini, marking its entry into the branded jewellery segment. The acquisitions further strengthen the company’s “Reimagining Legends” philosophy of preserving the legacy of well-loved brands while unlocking their next phase of
Icons Honoured as Industry Legends at IIJS Celebration Night
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) hosted the IIJS Celebration Night on 5th August 2026, following the first day of IIJS Bharat Premiere 2026, bringing together leading figures from the Indian and global gem and jewellery industry for an evening of recognition and celebration. A key highlight of the evening was the felicitation of nine global icons
‘Jewellers for Hope’ 2026 Raises Funds to Support Education
Mumbai: The Indian gem and jewellery industry came together in Mumbai on 6th August for the 11th edition of Jewellers for Hope, the flagship CSR initiative of the Gem & Jewellery Export Promotion Council (GJEPC), presented in association with De Beers Group and the World Gold Council (WGC), powered by GIA, with HRD Antwerp as Co-Partner. Mr. Rahul Narwekar, Hon’ble
Divine Solitaires Honoured Partner Jewelers at IIJS Premiere
Mumbai: Celebrating excellence, enduring partnerships and five years of shared growth, Divine Solitaires hosted its Annual Rewards & Recognition ceremony at Innov8 Launchpad, IIJS Premiere 2026, NESCO, Mumbai, honouring its highest-performing partner jewellers from across the country. The event also witnessed the first weekly lucky draw of The Solitaire Festival of India (TSFI) 2026, making it one of the key highlights of this year’s exhibition.
