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
Top News
ALROSA to Boost Sales to 37M Cts in 2016
Moscow: ALROSA will increase its sales to 37 million carats in 2016, Andrey Zharkov, the company’s president said in an interview with television channel Russia 24, according to Finmarket.ru. That sales figure would be equal to its output, and is significantly higher than the 30 million carats of diamonds ALROSA sold in 2015 when it produced 38 million carats. The
Lulo Mine Production Hits Record Levels
Luanda: Lucapa Diamond Company said production from its Lulo mine in Angola reached its highest point yet for both total output and average size in the third quarter. The alluvial mine yielded 8,853 carats in the three months that ended September 30 – representing a 154 percent jump over the same period a year ago, Lucapa reported. The average weight
Indian Consumer’s Preference for Indian Gold Coin
Mumbai: Indian Gold Coin currently available at select branches of four Indian banks – Indian Overseas Bank, Federal Bank, Vijaya Bank and Yes Bank The Indian Gold Coin is among the key initiatives of the gold monetisation programme launched by Prime Minister Narendra Modi on 5th November 2015 and is the country’s first sovereign gold coin. A detailed study commissioned
India’s G&J Exports up by 11% in April-August
Mumbai: Exports of gems and jewellery grew by 11 per cent to $14.43 billion during the first five months of the current fiscal, driven largely by demand in India’s major markets like the US. In April-August period of the last fiscal, exports from the sector were at $13 billion, according to the data from Gem and Jewellery Export Promotion Council
Programme of 41st WDC Available on Website
Singapore: The Organizing Committee of the 41st World Diamond Congress (WDC), to be held July 12-15, 2026, in Singapore, announced that the full programme of the three-day event is now available and can be viewed in full on the dedicated Congress website. While the Congress panels for the joint WFDB and IDMA sessions were published earlier, the full programme now
Platinum Season of Love Begins from 17th April
Mumbai: Platinum Guild International (PGI) India has announced the launch of Platinum Season of Love 2026, its signature nationwide retail activation set to run from 17th April to 31st May 2026 across jewellery stores in India. A key strategic initiative in PGI India’s annual calendar, the programme is designed to drive consumer demand and retail momentum for platinum jewellery across
Edward Asscher Announces Candidacy for VC of the RJC
Amsterdam: Edward Asscher, the incumbent Vice Chair of the Responsible Jewelry Council (RJC), announced that he will run for another term in the position. In a letter to the RJC membership, he noted that the diamond, gem, and jewellery industry would be facing greater commercial challenges than ever before. “After serving four years as Vice Chair, I continue to argue
Industry Expectations on Akshay Tritiya Sales
Mumbai: Akshay Tritiya is one of the most auspicious days in the Hindu calendar to buy gold, symbolizing lasting prosperity and wealth. Gold prices have risen significantly (nearly 60% up from last year) with 24K hovering around ₹1,55,570 per 10g in mid-April 2026. Digital gold, coins, and jewelry are popular purchasing options. Despite high prices, demand remains high as gold
