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 $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
Top News
Can India Reinforce Confidence in the KP?
Mumbai (By Suresh Chotai): As India assumes the Chair of the Kimberley Process Certification Scheme (KPCS) this year, the global diamond industry sees renewed opportunity for meaningful dialogue on one of the most debated issues within the Process: the definition of so-called “blood” or “conflict” diamonds. The current Kimberley Process definition, framed in the early 2000s, restricts conflict diamonds to
GJC Submits Pre-Budget Recommendations
Mumbai: All India Gem & Jewellery Domestic Council (GJC), the apex body representing India’s domestic gems and jewellery trade, submitted its detailed pre-budget recommendations to the Hon’ble Finance Minister Smt. Nirmala Sitharaman for consideration in the Union Budget 2026–27. The representation focuses on five core pillars: 1. GST reforms to restore affordability and eliminate working capital blockage 2. Direct tax relief on
India’s G&J Exports to the US Fall by 44.42%
Mumbai: India’s gem and jewellery (G&J) exports to the United States witnessed a sharp contraction during April–December 2025, declining 44.42% year-on-year to US$ 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,
CIBJO Congress Creates New Committees
Manama: CIBJO Congress has concluded in Bahrain, with the World Jewellery Confederation’s Board of Directors voting to establish a series of new committees, among them one that will be dedicated to establishing operating practices that are specific to the laboratory-grown diamond trade, and another which will focus on the long-term impacts of new technologies on the jewellery, gemstone and precious
DMCC's Diamond Terminology Guideline in Arabic
Dubai: DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – released today the approved Arabic translation of the ‘Diamond Terminology Guideline’. The guideline sets a universal standard for the diamond and jewellery trade when communicating about diamonds and laboratory-grown diamonds. The guideline provides clear and accessible terminology to eliminate confusion among industry bodies, organisations and traders around
GJSCI to Hold India Jewellery Excellence Symposium
Mumbai: Gem & Jewellery Skill Council of India (GJSCI) organized a press meet on 19th November and announced its first ever “India Jewellery Excellence Symposium” (IJES) to be held on 8th & 9th January 2020 at Hotel “The Leela” in Mumbai. Mr. Sanjay Kothari, Chairman of the GJSCI said, “India Jewellery Excellence Symposium is a unique technical symposium, being organized
Argyle Pink Diamonds Tender Delivers Good Results
Perth: Rio Tinto’s 2019 Argyle Pink Diamonds Tender collection of 64 rare pink and red diamonds from its iconic Argyle mine has delivered strong results reflecting intense global demand for the rare diamonds. The 2019 collection, the 35th Tender since the mine began production, saw double digit growth in the number of bids, with successful bidders coming from nine countries.
