We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
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
IIJS Signature 2026: Setting the Tone for a Confident Indian G&J Ind.
Mumbai: (By Suresh Chotai) As the global jewellery industry navigates shifting consumer preferences, geopolitical uncertainties, and evolving supply dynamics, India continues to stand tall as a resilient, design-led, and manufacturing-driven powerhouse. IIJS Bharat Signature 2026, organized by the Gem & Jewellery Export Promotion Council (GJEPC), is poised to open the year (from 8th to 12th Jan) with renewed optimism, strategic
Paul De Wachter Named as CEO, HRD Antwerp
Mumbai: The Board of Directors of HRD Antwerp, a subsidiary of the Antwerp World Diamond Centre (AWDC), has appointed Paul De Wachter as its new CEO. Bringing over twenty years of experience and a proven track record in the international diamond industry, De Wachter is to take charge as CEO from January 5, 2026. As CEO, he is tasked with
Mallikarjuna Reddy Yarabolu Named as MD of Forevermark India
London: De Beers Group has named retail veteran Mallikarjuna Reddy Yarabolu as Managing Director of Forevermark India, effective January 2026. With over 20 years of experience across fashion, retail and luxury, Yarabolu is expected to drive growth and deepen Forevermark’s presence in the evolving Indian jewellery market. De Beers Group has announced the appointment of Mallikarjuna Reddy Yarabolu as Managing
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.
India’s G&J Exports Declined by 38% in July 2020
Mumbai: India’s overall gross exports of gems and jewellery (G&J) in the month of July this year declined by around 38% to $1.36 billion, compared to $2.19 billion in July 2019, due to the global economic slowdown caused by the Covid pandemic, as per data provided by Gem and Jewellery Export Promotion Council (GJEPC). For the April-July 2020 period through,
First Virtual World Diamond Congress from 14th Sept.
Antwerp: The World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers’ Association (IDMA) have announced that the next World Diamond Congress will be held in a virtual format on September 14 – 15, 2020. The 39th World Diamond Congress, a biennial gathering of the WFDB and IDMA, was originally planned to be held in Hong Kong in November 2020, but
Peace Agreement Between Israel and UAE
Antwerp: Mr. Yoram Dvash, Acting President of the World Federation of Diamond Bourses (WFDB) and President of the Israel Diamond Exchange (IDE), praised the governments of Israel and the United Arab Emirates for the historic agreement that was announced yesterday to normalize relations between the two important countries in the Middle East. Mr. Dvash said that he congratulates all of
Botswana's Diamond Sales Down by 64%
Gaborone: Botswana, the world’s top diamond-producing country by value, saw Q2 sales fell down by almost two-thirds because of coronavirus. Pandemic-related travel bans and reduced outputs resulted in sales of just $294m, down 64% from $807m for the same period in 2019, according to Bank of Botswana data. First quarter sales for 2020, before the full impact of the pandemic was felt,
