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
Dubai Imposes 5% Import Duty on Gold Jewellery
Mumbai: Dubai has imposed a 5% import duty on gold and diamond jewellery, a move which is likely to hurt Indian exports at a time when demonetization has hit business at home, reports The Economic Times. The new levy may, however, boost bridal jewellery sales in India because many Indian shoppers had turned to Dubai owing to the cheaper gold
Xifu Jewellery Design Competition 2017 Kicks Off
Hong Kong: Organised by JNA & CJNA of UBM Asia, the World Gold Council and the People’s Government of Yantian District, Shenzhen, supported by the Culture, Sports and Tourism Administration of Shenzhen Municipality and exclusively sponsored by Shenzhen Batar Investment Holding Group Limited, the inaugural edition of the Xifu International Gold Wedding Jewellery Design Competition has kicked off with a
New Tender Center to be Launched during IDWI
Ramat Gan: The Israel Diamond Exchange (IDE) will officially open a new International Tender Center on February 14, 2017 during the sixth International Diamond Week in Israel (IDWI). During that week IDE will host three important tenders of polished and rough diamonds — by Alrosa, I. Hennig and Koin. The visit of Alrosa President Andrey Zharkov, who will be a
U.S. Retailer Shuts 250 Stores to Move Online
New York: Women’s apparel chain The Limited has closed all 250 stores and has moved all sales to its online platform, reflecting an increasingly challenging environment for bricks-and-mortar retailers, reports Rapaport. “We’re sad to say that all The Limited stores nationwide have officially closed their doors,” the company, which counts jewellery among its products, said in a notice to customers
Second edition of “TREASURES” in Lisbon
Lisbon: The second Edition of TREASURES, an award-winning international colloquium, will take place under the patronage of the President of the Republic of Portugal at the Royal Treasure Museum, Palácio Nacional da Ajuda, in Lisboa, Portugal, November 13-14, 2026. The theme of this year’s edition is “Crowns and Tiaras.” During the two-day colloquium, participants will enjoy presentations by a choice
GJC Gets New Office in Mumbai
Mumbai: The All India Gem & Jewellery Domestic Council (GJC), representing over six lakh jewellers across India, marked another significant milestone in its journey with the inauguration of its new office at Trust House, Parel East, Mumbai. Over the past two decades, GJC has emerged as a leading national trade body advocating policy reforms, promoting transparency, encouraging responsible trade practices,
High Gold Prices, Advantage Platinum Jewellery
Mumbai: As gold and silver prices soar to record highs in 2026, driven by import duty hikes and strong market demand, platinum jewellery is emerging as a premium yet increasingly competitive alternative. With gold prices exceeding ₹1 lakh per 10 grams, the relative price difference for rare, durable platinum has narrowed, making it a compelling choice for consumers seeking luxury
GJEPC Takes Bold Stance on Recent Hike in Import Duty
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) acknowledged the Government’s decision to raise gold import duty to 10% from 5% and Agri cess to 5% from 1%. An official statement issued by the organization says, “As an industry, we remain committed to the spirit of ‘Nation First’ echoed by Honorable Prime Minister Mr. Narendra Modi. In response to
