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 $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
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Can India Reinforce Confidence in the KP?
Mumbai (By Suresh Chotai): As India assumes the Chair of the Kimberley Process Certification Scheme (KPCS) this year, the global diamond industry sees renewed opportunity for meaningful dialogue on one of the most debated issues within the Process: the definition of so-called “blood” or “conflict” diamonds. The current Kimberley Process definition, framed in the early 2000s, restricts conflict diamonds to
GJC Submits Pre-Budget Recommendations
Mumbai: All India Gem & Jewellery Domestic Council (GJC), the apex body representing India’s domestic gems and jewellery trade, submitted its detailed pre-budget recommendations to the Hon’ble Finance Minister Smt. Nirmala Sitharaman for consideration in the Union Budget 2026–27. The representation focuses on five core pillars: 1. GST reforms to restore affordability and eliminate working capital blockage 2. Direct tax relief on
India’s G&J Exports to the US Fall by 44.42%
Mumbai: India’s gem and jewellery (G&J) exports to the United States witnessed a sharp contraction during April–December 2025, declining 44.42% year-on-year to US$ 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,
PGI Launches New Marketing Campaign
Mumbai: “I am a re-write obsessive” and “SHE – a one-take wonder” – These lines from the latest digital film launched by Platinum Days of Love are just a short glimpse of the film that unfolds to tell the most endearing story of a couple. Two accomplished individuals in their own field – the boy a celebrated writer and the
Rajesh Exports Reported Increase in Revenues
Bengaluru (By Evaluate Research): Rajesh Exports reported a stellar increase in revenues on a sequential QoQ and YoY basis while net profit growth was flat on YoY basis and in positive single digits on a sequential QoQ basis for the second quarter ended September 2019. Revenues for the second quarter came in at Rs.668 bn, up 25% YoY and 65% on a sequential QoQ basis. Revenue growth
KP Urges for Consensus Based Decision Approach
New Delhi: The Kimberley Process Plenary Meet commenced at the national capital, New Delhi on 18th Nov. The five-day meet will end on 22 Nov. 2019. KPCS is an international mechanism mandated by UN to reduce the flow of conflict diamonds which were being used to finance wars against legitimate governments. KP has 55 Participants, representing 82 countries, with the
CIBJO Congress 2019 Opens in Bahrain
Manama: The 2019 CIBJO Congress has opened in Bahrain, with a call on the jewellery industry by CIBJO President Gaetano to take action on climate change, which he said was not an issue specific to the sector, but it is the “most important story of our time.” “There is a tendency, when faced by a challenge of this magnitude, to feel
