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
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IDWI 2017 Opens in Packed IDE Trading Hall
Ramat Gan: The Sixth International Diamond Week in Israel (IDWI) opened today to a packed trading hall at the Israel Diamond Exchange (IDE), with the participation of some 400 buyers from 30 countries, and over 200 diamond companies exhibiting from Israel and abroad. The festive opening ceremony included speeches by Israel Minister of Tourism Yariv Levin, Alrosa President Andrey Zharkov,
Lucapa Discovers Second Biggest Diamond
Luanda: Lucapa Diamond Company has discovered the second biggest diamond from its Lulo project a year after finding the biggest stone at the Angolan mine. The 227-carat gem represents the seventh 100-carat-plus diamond recovered at Lulo and second only to a 404-carat stone discovered on February 4 last year. The stone also represents the second biggest diamond ever recovered in
BoB to Finance Small Diamond Units
Mumbai: To give a leg up to micro, small and medium enterprises in the diamond industry, Bank of Baroda (BoB) is planning to launch a supply chain financing product for the industry on a pilot basis in Surat, reports BusinessLine. Cutting and polishing units, which procure roughs from large companies and supply finished products back, will be provided finance at
10th Signature IIJS Ended with Success Note
Mumbai: The 10th edition of Signature IIJS and the 4th edition of IGJME concluded here with a success-note. There were ample signs that the Indian gems and jewellery industry had received a shot in the arm heralding that relatively better days lie ahead. Over the last year, the industry has faced multiple challenges be it in the form of continued
JGA 2026 Opened in Hong Kong
Hong Kong: Nearly 1,100 exhibitors from around 30 countries and regions have gathered at the Hong Kong Convention & Exhibition Centre to showcase their latest collections to international buyers at Jewellery & Gem ASIA Hong Kong (JGA) 2026, which runs until Sunday, June 21, 2026. Organised by Informa Markets Jewellery, Asia’s No.1 mid-year B2B jewellery buying destination brings together two co-located
IFSCA Permits GJEPC RCMC Holders to Import Gold, Silver Through IIBX
Mumbai: The International Financial Services Centres Authority (IFSCA), the unified regulator overseeing financial activities in GIFT City, has accepted key recommendations made by the Gem & Jewellery Export Promotion Council (GJEPC), allowing holders of a valid Registration-cum-Membership Certificate (RCMC) to access bullion imports through the India International Bullion Exchange (IIBX). Under a revised circular issued on 15 June 2026, valid
A Webinar on IIBX Gold Supply Mechanism
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in association with IIBX, is organizing a webinar on “IIBX Gold Supply Mechanism for GJEPC Members and SEZ Units” on 19th June 2026 to provide insights into the gold procurement framework through the India International Bullion Exchange (IIBX). The webinar is scheduled from 3 pm onwards. Mr. Ashok Kumar Gautam, MD
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
