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Israel’s Diamond Industry Under Severe Pressure

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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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Be a Part of Forevermark Circle of Trust
Mumbai: All of us count partners, family and friends amongst our closest bonds that we cherish every day. Celebrate this bond with our Circle of Trust, a radiant selection of bangles that are a symbol of integrity and love. Diamond bangles in particular are more than accessories for women, they are for most women the most treasured cherished and aspired

Argyle Pink Diamonds Tender Showcased in London
London: Rio Tinto’s iconic Argyle Pink Diamonds Tender has arrived in London as part of its global showcase of the rarest pink, red and violet diamonds in the world. Celebrating the launch of its new partnership with storied UK jeweller, Boodles, the 2016 Argyle Pink Diamonds Tender is in London for the first time since HRH Queen Elizabeth’s Diamond Jubilee

Price Drop Likely to Spur demand: WGC
Mumbai: Gold prices have dropped after the Reserve Bank of India (RBI) recently slashed interest rates. World Gold Council (WGC) opines that the price drop is likely to spur demand that elaborates on the latest movement in gold price and its impact on the gold markets in India and worldwide. The gold price fell by over three percent on 4

CIBJO Releases Pearl Commission Special Report
Milan: With three weeks to go to the opening of the 2016 CIBJO Congress in Yerevan, Armenia, on October 26, 2016, the seventh of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Pearl Commission, headed by Kenneth Scarratt, the report details improvements to the Pearl Blue Book of accepted standards, practices and nomenclature; the development of

Can India Reinforce Confidence in the KP?
Mumbai (By Suresh Chotai): As India assumes the Chair of the Kimberley Process Certification Scheme (KPCS) this year, the global diamond industry sees renewed opportunity for meaningful dialogue on one of the most debated issues within the Process: the definition of so-called “blood” or “conflict” diamonds. The current Kimberley Process definition, framed in the early 2000s, restricts conflict diamonds to

GJC Submits Pre-Budget Recommendations
Mumbai: All India Gem & Jewellery Domestic Council (GJC), the apex body representing India’s domestic gems and jewellery trade, submitted its detailed pre-budget recommendations to the Hon’ble Finance Minister Smt. Nirmala Sitharaman for consideration in the Union Budget 2026–27. The representation focuses on five core pillars: 1. GST reforms to restore affordability and eliminate working capital blockage 2. Direct tax relief on

India’s G&J Exports to the US Fall by 44.42%
Mumbai: India’s gem and jewellery (G&J) exports to the United States witnessed a sharp contraction during April–December 2025, declining 44.42% year-on-year to US$ 3.86 billion, compared to US$ 6.95 billion in the corresponding period last year. In December 2025, exports to the US declined by 50.44% year-on-year, reflecting the continued impact of tariff-related pressures and subdued discretionary demand. Commenting on

Divine Solitaires Seeks $10 mln Fund for Expansion
Mumbai: Divine Solitaires, India’s loose solitaire brand that is exclusively focused on natural diamond solitaire jewellery, has opened its first round of seed funding seeking an investment of $10 million. The Mumbai-based company is gearing up to aggressively scale its business to become a $250–300 million enterprise over the next 3-4 years. Launched in 2006 by brothers Jignesh Mehta and Shailen Mehta,
