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
ALROSA Monthly Sales Rise to $390M
Moscow: ALROSA’s diamond sales increased in February from the previous month as demand held firm, the miner said on Thursday. The company’s rough sales amounted to $389.8 million, with polished sales coming in at $12.1 million. Total diamond sales for the month increased 7 percent over January to $401.9 million. “The results in February reflect stable demand in almost all
Dubai Precious Metals Conference on April 9-10
Dubai: The conference will have the participation of miners, investors, engineers, asset managers and professional services representatives from across the precious metals sector. They will discuss the most relevant topics of note to the industry. “Held under the theme of ‘Connecting Markets’, the discussions will focus on the new era of global trade and how shifting geopolitics will impact the
Rolex Rated as World’s Most Reputable Company
New York: For the second year in a row, Rolex topped an annual ranking of companies with the best reputations in the world. The Global RepTrak 100 ranking, according to the Reputation Institute, which produces the list, is the largest corporate reputation study of its kind, with 170,000 ratings. Rolex was the only jewellery or watch brand listed on the
All Parcels Sold at Gahcho Kué Tender
Toronto: Mountain Province sold 277,646 carats of rough diamonds at its second tender of production from the Gahcho Kué mine in Canada. The company sold all the parcels of diamonds on offer, including those it had held over from its January sale due to India’s liquidity crisis, Mountain Province said. While that previous sale of 49,420 carats fetched $6.3 million
De Beers’ Rough Production Rises 88% in Q2 2026
London: De Beers has reported that its rough diamond production was 88% higher at 7.8 million carats, reflecting the impact of the extended maintenance shutdown in the comparative period at Orapa in Botswana, as well as the planned mining of higher-grade ore at both Jwaneng in Botswana and Gahcho Kué in Canada. Planned plant maintenance at Orapa and Jwaneng during
Only Natural Diamonds Should be Graded with 4Cs: CIBJO
Milan: The Diamond Commission of the World Jewellery Confederation (CIBJO) has insisted that the 4C polished diamond grading system (cut, color, clarity, and carat weight) should only be used for natural stones, but not synthetic ones. In the Special Report prepared for the upcoming 2026 CIBJO Congress, the Commission’s head Udi Sheintal also urged the industry’s stakeholders to use the
Forevermark Diamond Jewellery Enters East India
Kolkata: Forevermark Diamond Jewellery from De Beers Group has strengthened its presence in East India with the launch of its new store at South City Mall, Kolkata, marking the opening of its 10th store in India and another significant milestone in the brand’s retail expansion journey. Inaugurated by filmstar Raima Sen, the store brings Forevermark’s signature collection of natural diamond jewellery to one of the
India’s G&J Exports Recovers in June 2026
Mumbai: India’s gem and jewellery (G&J) exports rebounded sharply in June 2026, with gross exports rising 26.51% year-on-year to US$2.21 billion (Rs. 21,010.78 crore), signalling a recovery in overseas demand after a subdued start to the financial year. Despite the strong monthly performance, exports for the April-June quarter remained largely unchanged at US$6.61 billion (Rs. 62,588.61 crore), up just 0.04%
