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
GJEPC to Work on Udupi Gold Craft Centre
Mumbai: India’s Gem and Jewellery Promotion Council (GJEPC) is teaming up with the commerce ministry to set up a gold craft and design institute at Udupi in Karnataka in an effort to re-skill local freelance artisans. The institute, with an express aim to revive manufacturing activity in Dakshina Kannada cluster, will have a common facility centre to help freelance artisans
DPA to Launch Generic India by Sept. 2017
Surat: Surat’s diamond industry is all set to regain its sparkle with Diamond Producers Association (DPA), a consortium formed by world’s leading diamond miners, expected to infuse huge amount of funds in September for its upcoming generic diamond marketing campaign, reports The Times of India. The consortium consists of De Beers, Rio Tinto, Dominion Diamond Corporation, Lucara Diamond Corporation, Petra
Dominion Diamond Stake Cut by Swiss Bank
Toronto: Swiss National Bank cut its stake in shares of Dominion Diamond Corp. by 3.5% during the third quarter, Holdings Channel reports. The fund owned 142,700 shares of the company’s stock after selling 5,200 shares during the period. Swiss National Bank’s holdings in Dominion Diamond Corp. were worth $1,387,000 as of its most recent filing with the SEC. Several other
De Beers Can Start Looking at Rough Price Increase
Gaborone: De Beers intended pushing diamond production levels back to “more normal” levels during 2017, but decisions on when to increase rough diamond prices would be driven by polished diamond price levels which were currently “pretty flat”. That’s according to De Beers CFO, Nimesh Patel, who told Miningmx “… as polished prices go up we can start to look at
Sky Gold & Diamonds Delivers Robust FY26 Performance
Mumbai: Sky Gold & Diamonds, a leading gold manufacturing company and a key partner to retail chains such as Tanishq, Kalyan Jewellers, and Malabar Gold & Diamonds, has declared its Q4 & FY26 Results. The company has reported a robust FY26 performance with consolidated revenue rising 77.4% YoY to ₹6,295 crore and PAT increasing 112.4% YoY to ₹282 crore, supported by strong execution, improving margins and operational
JewelStart Industry Innovation Challenge 2026 Launched
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in collaboration with SINE, IIT Bombay, has launched the first edition of the JewelStart Industry Innovation Challenge 2026, a national platform aimed at bringing startup-led innovation into India’s gems and jewellery sector. The challenge invites startups, innovators and technology solution providers to address pressing industry needs across the jewellery value chain,
CIBJO Warns Against ‘Fraudulent Representatives’
Milan: The World Jewellery Confederation (CIBJO) is issuing an urgent warning about individuals claiming to represent CIBJO or bodies directly affiliated with CIBJO, offering products and/or financial instruments endorsed by CIBJO. The existence of such claims was brought to CIBJO’s attention yesterday, May 24, 2026, which are similar to other claims reported to us in January of this year, when
Inputs from GJEPC on GMS & CAD Reduction
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in reference to the meeting held on 22nd May 2026 with key industry associations, to deliberate on measures for reducing the Current Account Deficit (CAD), particularly in the context of gold imports and domestic gold mobilization, is coordinating with its members to formulate some suggestions on Gold Monetization Scheme (GMS) and
