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
Commerce Secretary Visits GJEPC Ofiice
Mr. Rajesh Agrawal, Commerce Secretary, Department of Commerce, India, visited GJEPC headquarters in Mumbai on 26 December and held a detailed interaction with GJEPC’s Committee of Administration, including Mr. Kirit Bhansali, Chairman, Mr. Shaunak Parikh, Vice Chairman, Mr. Anoop Mehta, Convener – Diamond Panel, Mr. Russell Mehta, Co-Convener – Diamond Panel, Mr. K.S. Srinivasan, Convener – Gold Panel, Mr. Ashish
GJEPC Welcomes India’s Role as KP Chair
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), the nodal agency for the Kimberley Process (KP) in India, welcomes India’s election as Chair of the Kimberley Process Certification Scheme (KPCS) for 2026. The Kimberley Process Certification Scheme, a UN-mandated initiative, is the only global mechanism governing international trade in rough diamonds, aimed at preventing conflict diamonds from entering legitimate
India New Zealand FTA to Benefit G&J Industry
Mumbai: India and New Zealand recently concluded a Free Trade Agreement (FTA) that offers significant duty-free access for Indian exports, but Gems & Jewellery (G&J) are listed among the sensitive sectors excluded from immediate zero-duty benefits under the FTA, with India protecting these products, alongside dairy, sugar, and metals, from immediate tariff cuts, though the overall deal aims to boost labour-intensive exports like textiles,
India’s G&J Exports Recover During April-Nov 2025
Mumbai: India’s gem and jewellery (G&J) exports showed clear signs of stabilization and recovery during April-November 2025, supported by improving global demand conditions and strong performance across diversified international markets. Total exports for the period rose marginally by 0.07% year-on-year to $18.87 billion, compared to $18.85 billion in the corresponding period last year, underscoring the sector’s resilience amid a challenging
Anonymous Sightholder Calls for Mass Rejections
Gaborone: In a mass email, an anonymous sightholder called on fellow De Beers clients to reject any unprofitable assortments, reports JCKonline. Do “not to take any box which doesn’t have the value of at least 10% gross profit after polishing,” beseeches the missive, which came from a “simple sightholder” and has been reprinted online. “Please, if your future, the future
Gems One Introduces the Epic 101 Diamond Cut
New York: Gems One launched the Epic 101, a new branded special cut diamond that features 101 facets and employs what the company said was a faceting architecture designed to provide maximum light performance. The company is marketing the Epic 101 to authorized dealers to gain a competitive advantage in the bridal category. Anuj Jain, the president of Gems One,
Zim ‘Shocked’ with Accounts of Diamond Mines
Harare: Zimbabwe’s auditor general Mildred Chiri has revealed in her latest government audit report that she was “shocked” to find that most diamond mining companies in the Marange area have been operating “in the red” since 2013. NewsDay reports that the companies had their current liabilities exceeding current assets by a wide margin. On Marange Resources, auditors discovered that the
Alrosa to up investment in Angola
Moscow: Russian diamond mining giant Alrosa, which currently has a stake in Angola’s Catoca, is set to up its investment in the southern African country. Catoca produces about 75 percent of Angola’s gems. Angolan news agency, Angop quoted the company chief executive Andrey Zharkov as saying that Arosa would implement a series of projects in partnership with Endiama and other
