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
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2017 Jewelry Industry Summit Announces Agenda
Tucson: The 2017 Jewelry Industry Summit, an open forum on sustainability and responsible sourcing, will take place Jan. 29–30 in Tucson. The 2017 meeting will be the second edition of the conference. The agenda includes two days of morning and afternoon sessions with speakers and small group meetings. Speakers include Lisa Manley of Cone Communications, Thea Polancic of both ClearSpace
IDTC-SNZ Commemorates Year of Its Operations
Mumbai: India Diamond Trading Centre (IDTC), the only Special Notified Zone (SNZ) in the country commemorated its first year of successful operations on 20th December 2016 with participation of over 400 companies in 28 Diamond viewing sessions. The SNZ was created with an objective of ease of doing business in India, making available regular supply of rough diamonds from the
India May Reduce Import Duty on Gold
New Delhi: The Government of India is likely to lower existing import duty on gold from 10% to 6%, reports CNBC-TV18 quoting agencies. This even as there were on-record comments from the government as early as December declining any proposal to cut duty on gold. Speaking to CNBC-TV18 on the development, Sanjeev Bhatia, CFO of PC Jewellers said this would
India's G&J Exports Decline to 20.4% in Nov
Mumbai: India’s exports of gold jewellery (both studded and plain) also slowed down in Nov.2016 declining by 35% to $547.5 mn compared to $844.67 mn in Nov.2015, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC). The exports from the gem and jewellery sector during Nov.2016 stood at $2.47 bn, a decline of 20.4% over
IIGJ Udupi Centre Inaugurated by India’s FM
Udupi, (Karnataka): Marking a significant milestone in India’s gem and jewellery skill development landscape, the Indian Institute of Gems & Jewellery (IIGJ), Udupi was unveiled yesterday as a new centre of excellence by India’s Finance Minister (FM) Mrs. Nirmala Sitharaman, reaffirming the government’s continued focus on skilling, innovation and employment generation for the sector. The ceremony was attended by Mr.
India and New Zealand Sign Strategic FTA
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has welcomed the signing of the India–New Zealand Free Trade Agreement (FTA) on 27 April 2026, calling it a timely and strategic step that opens a high-potential market for Indian gem and jewellery exporters. India’s current gem and jewellery exports to New Zealand stand at approximately USD 16.61 million. With zero-duty
Suresh Hathiramani Elected as Chairman of WDHB
Singapore: The World Diamond Heritage Board (WDHB) has announced the appointment of Mr. Suresh Hathiramani as Chairman and Mr. Alex Popov as Vice-Chairman, of the Selection Committee of the World Diamond Heritage List (WDHL). A Historic Initiative for the Diamond Industry: The World Diamond Heritage List is an initiative designed to identify and document the 100 diamonds that have shaped
Antwerp’s Diamond Trade Increased by 20% in Q1
Antwerp: According to figures from the Antwerp World Diamond Centre (AWDC), the total volume of diamonds traded in Antwerp increased by nearly 20% in the first quarter of 2026 compared to the same period last year. The import of rough diamonds in particular saw strong growth, with a 35.7% increase in volume. In terms of total trade value, the trading
