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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
Lucapa Production Jumped 147% in Q4
Perth: Lucapa Diamond Company Limited posted a 147-percent jump on the year in production in the December quarter. The Lulo mine, in which Lucapa has a 40-percent stake, produced 5,313 carats and achieved its highest quarterly production during the Angolan wet season, Lucapa and its partners said in a statement. The company sold two parcels of diamonds from Lulo totaling
Evara Gets Brand of The Year 2016-17 Award
Mumbai: ‘Platinum EVARA’, the bridal jewellery collection has now been bestowed with the “BRAND OF THE YEAR 2016-17 – THE EMERGING NO.1 IN THE JEWELLERY CATEGORY” award, at the Pride of India awards recently held in Mumbai. The brand was felicitated with this honor by the World Consulting and Research Company (WCRC), which is Asia’s leading research and consulting firm.
Second Seminar on Demonetization in Surat
Surat: The Gem & Jewellery Export Promotion Council (GJEPC), Surat organised a seminar on ‘Demonetization and Opportunities for G & J Sector’ on Jan 3, 2017. The seminar, which was the second on the theme held by GJEPC in the city, saw a large turnout of diamantaires, especially many of the smaller manufacturers who are facing problems as a result
Researchers Grow Needle-Like Diamonds
Moscow: Physicists from the Lomonosov Moscow State University have obtained micrometer-sized diamond crystals in the form of a regular pyramid. In cooperation with co-workers from other Russian and foreign research centers, they have also studied the luminescence and electron emission properties of these diamond crystals. The research results have been published in a series of articles in journals including Scientific
Sky Gold Registers Growth Oriented Q2 Results
Mumbai: Sky Gold and Diamonds Limited (BSE: 541967 | NSE: SKYGOLD), listed B2B Gold Jewellery manufacturer recently announced its Q2FY26 results for the quarter ended September 30, 2025. With a solid Q1FY25, the company has continued Q2FY26 with a strong growth momentum, backed by rising exports, capacity enhancement plans, and deeper retail partnerships across India, the Middle East and Southeast Asia. (All figures in ₹ crore unless otherwise stated) Particulars(₹ Crores) Q2’FY26 Q2’FY25 Y-o-Y Q1 FY26 Q-o-Q Revenue 1484.5 768.8 93.1% 1131 31.2% EBITDA 99.9 38.8 157.5% 71.4 39.9% EBITDA Margin (%) 6.73% 5.1% 163bps 6.3% 43bps PAT
Enduring Q2 Performance by Senco Gold
Kolkata: Senco Gold Limited has announced its consolidated results for the quarter and half-year ended 30th September 2025. The company has a robust network of over 192 showrooms across 17 states and UTs. (Rs in Cr) Speaking of the performance, Mr. Suvankar Sen, Managing Director & CEO, Senco Gold Ltd, said, “We are pleased to report that we have delivered an enduring performance in Q2, despite the highest-ever gold prices reaching to Rs. 11650/gm
India Govt. Approves Export Promotion Mission
New Delhi: The Union Cabinet chaired by the Prime Minister Mr. Narendra Modi has approved the Export Promotion Mission (EPM), a flagship initiative announced in the Union Budget 2025–26 to strengthen India’s export competitiveness, particularly for MSMEs, first-time exporters, and labour-intensive sectors. The Mission will provide a comprehensive, flexible, and digitally driven framework for export promotion, with a total outlay
HM Sarafa Bazaar Unveils Sterling Silver Jewellery Store
Mumbai: Blending 80 years of legacy with contemporary design sensibility, HM Sarafa Bazaar, a B2B jewellery platform, announced the opening of its first experiential store, iAMORY, a modern handcrafted 925 sterling silver and lab grown diamond brand in Chandivali, Powai, Mumbai. Co-founded by a husband-and-wife duo, Archit Jain and Anokhi Jain, the new store is thoughtfully designed at the confluence
