We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Top News
Indian Leaders Elected to the CIBJO Board of Directors
Vicenza: At the conclusion of the CIBJO Centenary Congress in Italy on September 7, the General Assembly elected several prominent leaders from the Indian gem and jewellery sector to the Board of Directors of The World Jewellery Confederation (CIBJO). Key Appointments & Leadership: Industry Impact & Key Initiatives Founded as the oldest global organization in the gem and jewellery trade,
CIBJO Backs ‘Synthetic’ Terminology for Lab Growns
Vicenza: Meeting in Vicenza, Italy, on September 7, 2026, after the conclusion of the Centenary CIBJO Congress, the organization’s Board of Directors approved a recommendation by its Diamond Commission and Coloured Stone Commission that the Blue Books be revised so that the word “synthetic” be the sole descriptor used to accurately and scientifically define a created product with the same chemical
IGM Appoints Nirakar Chand as MD of BullionX
Mumbai: India Gold Metaverse (IGM) today announced the appointment of former CEO of Diamond India Ltd., Mr. Nirakar Chand, as the Managing Director of its bullion market vertical, BullionX™, which is a technology-enabled ecosystem for modern bullion markets. Earlier in his career, Mr. Chand had spent 22 years at State Bank of India (SBI) — 6 years in Bullion and
CIBJO Unveils Artworks of Reena Ahluwalia Celebrating Centenary Year
Vicenza: As a highlight of the opening day of the 2026 CIBJO Congress, that began on the 4th September, 2026 in Vicenza (Italy), two dedicated creations by the noted Canadian visual artist Reena Ahluwalia, celebrating the Centenary Year of the World Jewellery Confederation (WDC) were unveiled. Both creations were donated to the collection of the Museo del Gioiello –the jewellery
Russian Ruble Falls to Record Low
Moscow: The Russian ruble fell to its weakest level ever against the dollar on Thursday even as top officials tried to play down the significance of the depreciation, reports The Wall Street Journal. The ruble hit 86 to the dollar, pressured by weak oil prices, just days after having broken through the psychologically crucial threshold of 80. “Today we saw
PNG Jewellers Adopts Shillim Village
Mumbai: PNG Jewellers has collaborated with Aadkvasi Vikas Prabodhini and adopted Shillim Village of Mawal Taluk as a part of their Corporate Social Responsibility activity on 19th January. The goal is to dveleop Shillim Village by all means and as the first step, the executive director of PNG Jewellers Mr. Parag Gadgil and Mrs. Vaishali Gadgil inaugurated an E-Learning center
Rio Tinto’s 4Q Production +50%
Perth: Rio Tinto reported diamond production surged 50 percent year on year to 4.3 million carats in the fourth quarter that ended December 31 as output from the Argyle mine in Australia almost doubled. The Argyle pit in the remote East Kimberley region of Western Australia produced 3.4 million carats in the three months, an 86-percent jump from a year
Angola Projects 9M Carat Output This Year
Luanda: Angola expects to produce 8.9 million carats compared with 8.8 carats produced in 2015, according to a document from the Ministry of Geology and Mining cited by allafrica.com. Of that figure, industrial production will account for 8.1 million carats, while artisanal output is forecast to be 860,424 carats. Meanwhile, Angola last month sold 880,115 carats for $104.7 million with
