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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KSS Opens ‘Cherishgold’ & ‘BJewelz’ Store in Mum
Mumbai: KSS Limited, a brand synonymous with quality and consumer satisfaction, opened its first co-branded Cherishgold and BJewelz store in Mumbai yesterday. The store at Goregaon is the first-of-its-kind retail and online co-branded store by KSS Limited in India. Birla Jewels Ltd, a wholly owned subsidiary of KSS Limited that is listed on BSE and NSE is all set to
India’s G&J Exports Expected to Increase 15%
Mumbai: Despite demonetisation in India, the Gem and Jewellery Export Promotion Council (GJEPC), apex body of diamond industry, is expecting that the polished diamond exports will increase by 10-15 per cent to the United States under the presidency of Donald Trump. Praveen Shanker Pandya, chairman of GJEPC said, “It is believed that with the policy drafted by the US President-elect
Diavik Mine to Increase Output by 14%
Toronto: Dominion Diamond Corporation forecast production at the Diavik mine in Canada will increase by up to 14 percent this year after output rose in 2016. The miner projected rough-diamond recovery of 7.1 million to 7.6 million carats in 2017, with all mining taking place underground. Production increased 4 percent to 6.7 million carats in 2016, but was below the
Diamond Prices to be Flat this Year: ALROSA
Moscow: Alrosa’s CEO Andrey Zharkov believes that diamond prices will be flat this year, according to an Interfax news agency report. Alrosa is basing its budget plan on an assumption that diamond prices will be unchanged, while output will increase by 5 percent on 2016. He said the mining giant may also repay part of its debt ahead of schedule
GSI and Mindron Unveil TRUSURE APEX
Mumbai: Gemological Science International (GSI) and Mindron announced the launch of the Trusure Apex, a state-of-the-art and advanced diamond screening instrument, at a recent event. Powered by GSI, this groundbreaking tool is engineered to detect natural diamonds, lab-grown diamonds (CVD and HPHT), and non-diamond simulants such as CZ, across various jewellery types and categories, including loose, mounted, and complex polki
WDC Urges KP to Support Historic Reform
Dubai: Feriel Zerouki, President of the World Diamond Council (WDC), opened the 2025 Kimberley Process (KP) Plenary with a decisive call for participants to support a modernized definition of “conflict diamonds,” marking a pivotal moment for the international certification scheme. Ms. Zerouki highlighted three years of hard work, drafting and negotiation led by the WDC and honored the leadership of
Candere Opens Two New Stores in Mumbai
Mumbai: Candere, the lifestyle jewellery brand by Kalyan Jewellers has expanded its retail presence in Maharashtra with the launch of two new stores, one each in Andheri and Mulund. These new additions, marking Candere’s 97th and 98th store nationwide, further reinforce the brand’s commitment to offering accessible, stylish, and contemporary jewellery for today’s discerning customers. The newly launched Andheri and Mulund stores
12th IRGSS Inaugurated in Jaipur
Jaipur: The 12th Edition of the India Rough Gemstones Sourcing Show (IRGSS) 2025 was inaugurated on 17th November 2025 by Mr. R. K. Chandan, Commissioner of Customs, Jaipur. He was joined by Shri Jitendra Meena, Deputy Commissioner of Customs, ACC Jaipur. Mr. Chandan was welcomed and felicitated by Mr. Yogendra Garg, Regional Chairman, GJEPC, and Mr. D. P. Khandelwal, Convener of
