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
De Beers’ Second Cycle Worth $545 Mln.
Gaborone: De Beers sold rough diamonds with a value of $545 million in the second sales cycle (Global Sightholder Sales and Auction Sales) of 2017, indicating ongoing strong demand as the industry restocks. The figure compares with $617 million in the year-earlier sale, and $729 million in the first sale of 2017 held last month. Bruce Cleaver, CEO, De Beers
Sergey Ivanov to be New President of ALROSA
Moscow: Russia’s Deputy Prime Minister Yury Trutnev has confirmed that Alrosa President Andrey Zharkov will be replaced by Sergey Ivanov, currently the Senior Vice President of Sberbank. He made the comments to the TASS news agency on the sidelines of the Russian Investment Forum in Sochi on Monday. Trutnev said that Zharkov had submitted a resignation letter and the decision
Tiffany Stevens is New President & CEO of JVC
New York: The Jewelers Vigilance Committee (JVC) has appointed Tiffany Stevens as its new president and CEO. She succeeds current president and CEO Cecilia Gardner, who served in this position for 18 years. Stevens will begin on March 6. Stevens is an industry outsider, as Gardner was when she started. She recently served as chief operating officer at the Sohn
Marie-Chantal Kaninda is New ED of WDC
New York: The World Diamond Council’s (WDC) Board of Directors has named Marie-Chantal Kaninda as Executive Director effective March 1, 2017. Kaninda replaces Patricia Syvrud, who steps down on February 28. Kaninda brings to the organization over 20 years of industry marketing and stakeholder engagement experience, having worked for companies such as Anglo Gold Ashanti, De Beers and Rio Tinto,
Central Banks Set to Step up Gold Buying over the Next Year
London: The World Gold Council’s (WGC) annual Central Banks Gold Reserves Survey reveals that 89% of reserve managers expect global central bank gold holdings to continue increasing over the next 12 months. With gold recently overtaking US government bonds as the top reserve asset, the findings point to continued momentum in central bank demand for gold. That confidence is also
India’s G&J Exports Stood at US$ 4.27 Bln in April–May 2026
Mumbai: India’s gem and jewellery exports stood at US$ 4.27 billion (Rs. 40,398.97 crore) during April–May 2026 as compared to US$ 4.55 billion (Rs. 38,848.42 crore) during the corresponding period of the previous year. While overall exports declined by 6.03% in dollar terms, they registered a growth of 3.99% in rupee terms. The figures are provided by India’s Gem &
Fraudulent Filling of Fissures in Emeralds
Basel: Based on a number of recent cases, the Swiss Gemmological Institute SSEF is issuing a trade alert concerning a fraudulent practice that has resurfaced in the emerald market. It concerns the filling of fissures in stones after they have been tested, with the emerald stone being offered for sale along with the earlier report that indicated little or no
Global Jewellery Industry Meets at IIJS Bharat Premiere 2026
Mumbai: Over 2,700+ international visitors from 80+ countries & 50,000+ trade visitors are set to converge in Mumbai for the most anticipated gathering of the global jewellery industry. Among them is Suzan Von Zahn of SVZ Jewellery, South Africa, who shares her excitement about attending IIJS Bharat Premiere 2026 and exploring the exceptional craftsmanship and business opportunities the show has
