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
Synthetic Diamonds May Replace GPS
London: Lab-grown red diamonds with an atomic defect could one day replace GPS systems thanks to their remarkable sensitivity to magnetic waves, according to scientists at Element Six which is majority owned by De Beers. A team at the firm is exploring the remarkable properties of crystals with a so-called ‘nitrogen vacancy defect’ – a gap in the atomic lattice
Shanghai Gold Exchange Caps Transaction Size
Shanghai: Late last week, the Shanghai Gold Exchange (SGE), now the world’s largest exchange for physical trading in bullion, announced a cap on the amount of gold that can be traded in one single transaction. The order, which became effective on January 1, 2017, limits the size of one single transaction in pure gold to 500 kg, down from the
Diamond Trade in Israel Slows During 2016
Ramat Gan: Israel’s polished diamond exports declined in 2016 even as sentiment improved in December. Outbound shipments of polished dropped 6.4 percent to $4.68 billion during the year, the nation’s Ministry of Economy and Industry reported. Exports to the U.S., its largest trade partner, slid 9 percent to $2 billion, while shipments to Hong Kong fell 8 percent to $1.35
Dominion to Hold Rough Viewing At IDTC
Mumbai: Dominion Diamond Marketing NV will be holding its first rough diamond viewing session for 2017 at the India Diamond Trading Centre Special Notified Zone in Mumbai from January 11-17, 2017. The company sells assortments of rough sourced via its ownership interests in the Diavik and Ekati Diamond Mines in Canada. Other major mining companies have also displayed their goods
SENCO Gold Receives IAGES Accreditation for its Stores in India
Kolkata: Senco Gold & Diamonds, having more than 100 stores across India, has been accredited with IAGES reinstating its commitment towards wining the trust and confidence of its consumers through its ethical, fair and transparent practices. SENCO Gold & Diamonds is one of the most recognized names in the Indian jewellery retail sector with more than 100 stores, having built
De Beers Group Launches ‘Heera Hai Aapke Liye’
Mumbai: De Beers Group, the world’s leading diamond company, marked a significant milestone in the Indian jewellery landscape with the official launch of the “Heera Hai Aapke Liye” program at IIJS Signature. The star-studded event featured actress Sonakshi Sinha, who joined Ms. Shweta Harit, Global Senior Vice President of De Beers Group and CEO of Forevermark, to unveil an initiative
GJSCI Holds JOSH Convocation Ceremony
Mumbai: The Gem & Jewellery Skill Council of India (GJSCI) organized the convocation ceremony of JOSH for the 6th batch of specially abled candidates and the 12th batch of regular candidates on 16 January 2026 at the Bharat Ratnam Mega Common Facility Centre (CFC), SEEPZ. The ceremony marked the successful completion of training for the candidates, celebrating their hard work,
Can India Reinforce Confidence in the KP?
Mumbai (By Suresh Chotai): As India assumes the Chair of the Kimberley Process Certification Scheme (KPCS) this year, the global diamond industry sees renewed opportunity for meaningful dialogue on one of the most debated issues within the Process: the definition of so-called “blood” or “conflict” diamonds. The current Kimberley Process definition, framed in the early 2000s, restricts conflict diamonds to
