We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Top News
World Diamond Congress in Singapore from July 12
Singapore: The next World Diamond Congress, a joint assembly of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), will be held July 12-15, 2026, at the Sands Expo & Convention Centre. “We are excited to hold this pivotal industry gathering once again in Singapore,” Fabio Cascapera, President of the Diamond Exchange of Singapore (DES),
IIGJ Lab Simplifies Ruby Treatment Description
New Delhi: IIGJ Lab is committed to serve the Gem & Jewellery Industry by providing independent quality assessment of Gemstones & Jewellery. IIGJ’s Ruby Identification service is well known and is availed by gemstone manufacturers, traders, and retailers. Effective 6th November 2025, IIGJ Lab (A Project by GJEPC India) sponsored by Ministry of Commerce and Industry, Govt. of India has
GJEPC Headed G&J Sector During President’s Botswana Visit
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) headed the gem and jewellery (G&J) sector’s presence during President Smt. Droupadi Murmu’s state visit to Botswana from 11 to 14 November. As part of Indian delegation, led by South Gujarat Chamber of Commerce & Industry (SGCCI), Mr. Jayanti Savaliya, Regional Chairman – Gujarat, GJEPC, was heading a team representing the
Sky Gold Registers Growth Oriented Q2 Results
Mumbai: Sky Gold and Diamonds Limited (BSE: 541967 | NSE: SKYGOLD), listed B2B Gold Jewellery manufacturer recently announced its Q2FY26 results for the quarter ended September 30, 2025. With a solid Q1FY25, the company has continued Q2FY26 with a strong growth momentum, backed by rising exports, capacity enhancement plans, and deeper retail partnerships across India, the Middle East and Southeast Asia. (All figures in ₹ crore unless otherwise stated) Particulars(₹ Crores) Q2’FY26 Q2’FY25 Y-o-Y Q1 FY26 Q-o-Q Revenue 1484.5 768.8 93.1% 1131 31.2% EBITDA 99.9 38.8 157.5% 71.4 39.9% EBITDA Margin (%) 6.73% 5.1% 163bps 6.3% 43bps PAT
De Beers Granted New Licences in Botswana, SA
Gaborone: De Beers, which is 85 percent-owned by Anglo American, said it was this year granted four new licences in Botswana, Group head of media relations Lynette Gould told Rough & Polished in an interview. “We have been granted four new licences in Botswana; three in the Tsabong area, and one in the Orapa area,” she said. Gould said the
Botswana Faces Deficit as Diamond Sales Fall
Gaborone: Botswana, which relies heavily on diamond revenue, will likely experience a budget deficit due to weak rough diamond sales recorded in the first half of the year, a government official has said. Finance minister Kenneth Matambo announced a P1.23 billion ($120 million) budget surplus projection for the year. However, Mmegi reports that this would likely be hampered by the
Only 500 Diamond Cutters Left in Antwerp
Antwerp: The number of diamond cutters working in Antwerp, which is called the capital of the world diamond trade, was reduced to 500 people, said the Swiss newspaper Le Temps. In the 70s of the last century about 30,000 specialists worked in diamond polishing plants in the city on the Scheldt. Cutters working today in Antwerp are highly qualified specialists
India’s Gold imports jump 62.2% in July
New Delhi: After declining in June, India’s gold imports jumped 62.2% to $2.96 billion in July, 2015, a development which may have adverse bearing on India’s Current Account Deficit (CAD). Imports of the precious metal stood at $1.82 billion in July, 2014. In June this year, the imports dipped 37 per cent to $1.96 billion. The growth in gold imports
