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
High Tax on Gold May Continue: Economic Survey
Mumbai: Economic Survey for 2016-17 has indicated that implicit subsidy for gold is still too high and it mostly goes to the middle class. Market participants say that this indicates that government is looking to have higher tax revenues from gold, reports Business Standard. Survey notes that the calculations of implicit subsidies for the middle class, which forms top 40
SSEF First to Introduce Age Dating of Natural Pearls
Basel: The Swiss Gemmological Institute SSEF has become the first gem laboratory worldwide to introduce, as an additional service to clients, age dating of pearls using carbon-14 (14C). This scientific method can provide the pearl industry with new valuable information about the age of loose pearls and pearls in jewellery. Age determination can support evidence of historic provenance in the
Antwerp Diamond Trade Grows 5% in 2016
Antwerp: After a very difficult 2015, the Antwerp diamond industry recorded a 5% increase in trade in 2016. This past year, a total of 48 billion USD worth of diamonds were imported to and exported from Antwerp. The rough diamond market in particular is clearly making a strong recovery. This is positive sign, given that the rough diamond trade is
Rio Tinto to Close New York Marketing Base
New York: Rio Tinto Diamonds will shut its North American sales and marketing office as part of a cost-cutting exercise. The New York representative base, which was set up as a gateway to the lucrative U.S. retail sector, will be closed in the first quarter after a decade of operations. “This decision reflects Rio Tinto’s continued focus on improved efficiencies,”
Zen Diamond Opens New Store in Hyderabad
Hyderabad: Zen Diamond, the globally acclaimed fine jewellery brand with a presence across more than 450 stores worldwide, continues to expand its presence in India with the opening of its new store at Lake Shore Mall, Hyderabad. After establishing a strong foothold in Mumbai with stores in Bandra and Borivali, and further strengthening its presence in Chandigarh with one store
World Diamond Day Sparks Global Groundswell
Mumbai: The Natural Diamond Council (NDC) announced the successful inaugural launch of World Diamond Day (April 8, 2026), a global, social-first movement that mobilized the diamond industry across more than 50 countries in a single unified moment. Designed to ignite a groundswell across the trade, the first-ever World Diamond Day drove a surge in global searches and social mentions for natural diamonds,
Artisan Jewellery Design Awards ’26 Presented
Mumbai: 9th edition of the Artisan Jewellery Design Awards 2026, organised by the Gem & Jewellery Export Promotion Council (GJEPC) and curated by The Futurist, concluded in Mumbai on April 8, bringing together the finest expressions of creativity, craftsmanship, and innovation in jewellery design. The Artisan Awards 2026 was powered by GIA and supported by the World Gold Council (WGC).
BDB Collaborates with GIA Alumni Mumbai
Mumbai: The Bharat Diamond Bourse (BDB), recently organized a special address as part of its “Leadership Series.” The session featured Ms. Ali Pastorini, President of the International Jewellers Association MUBRI, and Mr. Sachin Jain, Regional CEO of the World Gold Council (WGC). Ms. Pastorini discussed the growing demand for Indian diamonds and jewellery in Latin America, providing encouraging statistics for
