A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down

Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the

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A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down

Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the

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Platinum Jewellery for Men’s Forays into Lucknow

Lucknow: Randeep Hooda – the award-winning actor, recently launched the platinum jewellery collection for men at Mohan Shyam Kalyan Das Jewellers in Lucknow. The collection includes an elegant mix of designs that spell out sophistication and style. Through the ages, the most discerning of men have preferred platinum when it comes to their jewellery. The metal is a classic reflection

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Demand for Gems & Jewellery to Decline: Ind-Ra

New Delhi: The sudden and abrupt announcement by the government to make the currency notes of INR 500 and INR 1,000 invalid as legal tender from mid night of 8 November is part of the government’s attempt to crack the whip on black money and fake currency, says India Ratings and Research (Ind-Ra). This comes after the disappointing collections made

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Fancy Color Diamond Prices Continued to Climb

New York: Analysis of wholesale pricing data, conducted by the Fancy Color Research Foundation (FCRF), reveals that fancy color diamond prices continued to climb moderately during Q3 2016, at a rate similar to Q2. For over a year, transaction data testifies to two opposite pricing trends in fancy color diamonds: consistent demand-driven price increases for pink and more notably blue diamonds, partially

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IDI Looks Forward to a Good Nov. HKJMA Show

Ramat Gan:  The Israeli Diamond Industry is looking forward to a positive outcome at the Hong Kong International Jewelry Manufacturers’ Show, to be held November 24-27 at the Hong Kong Convention & Exhibition Centre. Last year was the second time that Israel had a national pavilion at the show. This year the Israeli Diamond Pavilion, organized by the Israel Diamond

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Men of Platinum Expands Collection with New Designs 

Mumbai: Platinum Guild International (PGI) India has unveiled a new Men of Platinum collection featuring chains, pendants, bracelets and rings designed for men at different stages of their journey. Endorsed by Rohit Sharma and Anirudh Ravichander in the brand’s new campaign, the collection brings to life a central belief: enduring success is forged through character—the conviction to forge your own

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De Beers and Botswana Extend Partnership with Letsile Tebogo

London: De Beers Group and the Government of the Republic of Botswana today announced the extension of De Beers’ partnership with Olympic champion and Botswana sporting icon Letsile Tebogo. Originally launched in January 2025, when Tebogo was appointed a De Beers Global Ambassador, the partnership has now been expanded into a three-year programme of work between De Beers and the

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Divine Solitaires, SGL Launch ‘Know Your Diamond’ Zone

Mumbai: The initiative equips Divine Solitaires’ reputed partner jewellers with advanced screening technology that can help verify key characteristics of diamonds,including whether a diamond is natural or laboratory-grown, checking laser inscriptions andverifying Hearts & Arrows (H&A). The screening machines will be provided as inventory to premium Divine Solitaires partner jewellers, enabling consumers to access the technology free of charge at

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Sky Gold & Diamonds Acquires Purvi Gems

Mumbai: Sky Gold & Diamonds Ltd., (Sky Gold) one of India’s leading jewellery manufacturers and exporters, has successfully completed the acquisition of 100% equity shares of Purvi Gems & Jewellery (India) Private Limited, a company engaged in the manufacturing of uncut and precia jewellery and related products. Following the completion of the acquisition on October 7, 2026, Sky Gold is

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