We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
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
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
Top News
New Digital Innovation Reinforces Antwerp’s Global Leadership
Antwerp: The Belgian diamond federation Antwerp World Diamond Centre (AWDC) has launched an innovative digital customer screening tool, based on Regulatory Technology (RegTech) and tailored to the specific needs of the diamond industry. With this new application, the Antwerp diamond sector takes an important step forward in the prevention of money laundering, helping diamond companies to meet their legal Anti-Money
GJSCI Signs MoU with APSSDC
Mumbai: The Gem & Jewellery Skill Council of India (GJSCI) has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh State Skill Development Corporation (APSSDC) to implement skill training programmes. The collaboration will encompass Short-Term Training programs, upskilling modules, and Recognition of Prior Learning assessments, designed to enhance talent development in the gems and jewellery sector. Through these structured
GSI and Mindron Unveil TRUSURE APEX
Mumbai: Gemological Science International (GSI) and Mindron announced the launch of the Trusure Apex, a state-of-the-art and advanced diamond screening instrument, at a recent event. Powered by GSI, this groundbreaking tool is engineered to detect natural diamonds, lab-grown diamonds (CVD and HPHT), and non-diamond simulants such as CZ, across various jewellery types and categories, including loose, mounted, and complex polki
WDC Urges KP to Support Historic Reform
Dubai: Feriel Zerouki, President of the World Diamond Council (WDC), opened the 2025 Kimberley Process (KP) Plenary with a decisive call for participants to support a modernized definition of “conflict diamonds,” marking a pivotal moment for the international certification scheme. Ms. Zerouki highlighted three years of hard work, drafting and negotiation led by the WDC and honored the leadership of
Winners of 'World Skills India' Jewellery Com'tion
Jaipur: Sanjay Pramanik, Sweta Singh, Savita Palariya and Ashrof Jamal are the national winners of the ‘World Skills India’ Jewellery competition conducted by the Gem & Jewellery Skill Council of India (GJSCI) at IIGJ Jaipur on 19th September which concluded with a formal function where winners were announced and awarded with medallion and certificate. Guests who were present during the
Ernie Blom: Diamond Industry Can Be Positive
Antwerp: World Federation of Diamond Bourses (WFDB) President Ernie Blom believes the global diamond trade can be positive ahead of the upcoming holiday sales season due to recent events. Blom said that initial indications from the September Hong Kong Gems and Jewellery Fair were that it had been solid. Meanwhile, price cuts by De Beers and Alrosa were bringing prices
Botswana and ALROSA Start Orapa License Work
Gaborone: Botswana Diamonds said work is underway on three prospecting licenses in the Orapa region of Botswana, as part of a joint venture between the African exploration group and ALROSA. Heavy concentrate sampling has started at PL 206, while on PL 085 reconnaissance work has started and will be followed by heavy concentrate sample to evaluate kimberlite indicator minerals and
Global Diamond Jewellery Sales Up by 3% in '14
Gaborone: In local currency terms, there was growth in each of the top five diamond markets, which account for 75% of global demand. Growth would have been almost five per cent had it not been for the strengthening of the US dollar against the currencies of several of the major diamond consumer markets in the latter part of 2014, according
