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
Top News
Cautious Optimism to Prevail Over the Industry in 2026
Mumbai: (By Akash Talesara): As someone closely associated with the diamond and jewellery industry, I view 2025 as a year of stabilization, recalibration and disciplined execution. While the sector demonstrated resilience across key markets, certain external factors, particularly trade-related developments had a tangible impact on overall performance. Performance in 2025: The year 2025 was largely characterized by consolidation and gradual recovery.
BIS Initiative to Strengthen Consumer Confidence
Mumbai: As India rapidly emerges as one of the world’s most important jewellery consumption markets, the need for transparency and consumer confidence has never been more critical. Valued at approximately US$80–85 billion in FY24, the Indian jewellery sector is projected to grow to US$225–245 billion by FY35, underscoring the scale and momentum of domestic demand. Within this broader growth, diamond
Overall Outlook Remains Positive for Gold & Silver in 2026
Mumbai: The All India Gem & Jewellery Domestic Council (GJC) has issued its annual review of the bullion market, highlighting the extraordinary rally in gold and silver during 2025, which has pushed both metals to record or near-record highs by December and the factors driving this surge. The sharp rally in gold and silver witnessed this year is the result
Sara Tendulkar Appointed as Brand Ambassador of Litestyle by PNG
Pune: Litestyle by PNG, the contemporary lightweight fine jewellery brand from PNG Jewellers, has announced Sara Tendulkar as its brand ambassador, marking a key step in strengthening the brand’s connection with India’s future jewellery consumers. The association reinforces Litestyle’s role as a strategic bridge between PNG Jewellers’ legacy customers and its future customers. While PNG has been a trusted name
WDC ED Visits Sierra Leone in Support of KPCS
New York: Elodie Daguzan, Executive Director (ED) of the World Diamond Council (WDC), has expressed the WDC’s strong endorsement for the regional approach by the Mano River Union (MRU) to reinforce the effectiveness of the Kimberley Process Certification Scheme (KPSC), declaring that it will assist artisanal diamond miners gain better access to the legitimate diamond supply chain, while receiving fair
PNG Jewellers Honoured with Token of Appreciation
Mumbai: PNG Jewellers, the 187 Years legacy jewellery the brand was awarded the token of appreciation at Dadasaheb Phalke International Film Festival Awards 2020 for “Excellence in Jewellery- Retail”. The prestigious appreciation letter was received by Dr. Saurabh Gadgil, Managing Director, PNG Jewellers at a special felicitation event at Taj Lands End, Mumbai on 20th Feb 2020. PNG Jewellers are
Sonam Kapoor Inaugurated India Pavilion at DJWE
Doha: The India Pavilion at the 17th Doha Jewellery & Watches Exhibition (DJWE) was inaugurated by DJWE brand ambassador and Bollywood Diva Mrs. Sonam Kapoor Ahuja in the presence of Indian Ambassador His Excellency P. Kumaran. India Pavilion is one of the highlights of the show. India Pavilion located at New Luxury area and Concourse area, with 27 exhibitors spread
Gemfields Announced Result of Emerald Auctions
Lusaka: Gemfields has announced the result of an auction of predominantly commercial quality rough emerald held in Lusaka, Zambia from 18-21 February 2020. The emeralds were extracted by Kagem Mining Ltd in Zambia (“Kagem”, which is 75% owned by Gemfields and 25% by the Industrial Development Corporation of Zambia). The proceeds of this auction will be fully repatriated to Kagem
