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 Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
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Gemfields Sells Ruby Worth $30.4 Mln.
London: Gemfields plc reported sales of $30.4 million from an auction of rough ruby extracted by Montepuez Ruby Mining Limitada in Mozambique, which is 75% owned by Gemfields. The auction, held in Singapore from December 12 to 16, was the first ruby sale of this financial year and generated the fourth highest ruby auction result to date and average realized
De Beers Will Flood Snap Lake Mine
Toronto: One year after deciding to place it on care and maintenance, De Beers is putting its Snap Lake Mine in the Canadian subarctic on extended care and maintenance – a euphemism for flooding. Work on flooding the tunnels of the shuttered diamond mine will start in early January and is expected to take between six and eight weeks. The
India’s Polished Diamond Exports Dip 10% in Nov
Mumbai: Exports of cut and polished diamonds from India stood at US$ 1.19 billion in November 2016, a drop of 10% as compared to the US$ 1.32 bn in the same month a year earlier, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC). Exports of gold jewellery (both studded and plain) also slowed, declining
GJEPC Hosts Seminar in Surat on Demonetisation
Surat: The Gem & Jewellery Export Promotion Council (GJEPC), Gujarat Region, organised a seminar on ‘Demonetisation and Opportunities for G&J Sector’ at Surat yesterday. Over 50 members of the trade were present. The seminar was addressed by Shri S.P.Shah, founder & chairman, Venus Jewels; Shri Govindbhai Dholakiya, Founder & Chairman, Shree Ramakrishna Exports and CA Nirav Jogani, Vice Chairman, RSM
Grow Your Business, Attend ‘Innov8’ at IIJS Bharat Premiere
NATURAL DIAMONDS: DESIRE, CONFIDENCE, COLLABORATION & LEADERSHIP: Mumbai: The Count down for IIJS Bharat Premiere 2026, being organized by India’s Gem & Jewellery Export Promotion Council (GJEPC) has begun. At IIJS Bharat Premiere 2026, GJEPC × GIA presents Innov8 Talks, powered by IGM (India Gold Metaverse), bringing together global leaders from the natural diamond industry to explore the future of
India’s CG, Dubai, V V Reddy, Interacts with BDB Committee
Mumbai: India’s Consul General (CG) to Dubai, Mr. Vishnu Vardhan Reddy, visited the Bharat Diamond Boure (BDB) complex on July 24. He engaged with members of the BDB Committee. The visit enabled the CG to gather better insights into the functioning of the diamond trade, the operations within the Bourse. He also observed the smooth functioning of import-export trade in
Dhoni Joins Malabar Gold as Brand Ambassador
Mumbai: Malabar Gold & Diamonds, a responsible jeweller, recently announced MS Dhoni as its Brand Ambassador, marking the beginning of a long-term association centred around The Responsible Jeweller, the brand’s philosophy of taking responsibility beyond jewellery. At a time when consumers are placing greater emphasis on transparency, authenticity and trust, Malabar Gold & Diamonds is reinforcing its commitment to responsibility across every
IIJS Bharat Premiere Receives Special Messages from India’s FM, Gujarat CM
Mumbai: IIJS Bharat – Premiere 2026 has received special messages from India’s Finance Minister and Minister of Corporate Affairs, Mrs. Nirmala Sitharaman and also from Gujarat Chief Minister Mr. Bhupendra Patel, recognizing India’s growing leadership in the global gem & jewellery industry. IIJS Bharat Premiere has grown into one of the world’s leading business platforms for the gem and jewellery
