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 Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Top News
Flanders Allows Foreign Diamond Workers in Antwerp
Antwerp: The Council of Ministers of the Flemish Government decided on the proposal of Minister of Work Zuhal Demir, that foreign workers may be employed for the shortage occupations of diamond polishers and diamond sorters. The decision is an important boost for the Antwerp diamond sector, which faces a structural shortage of these specialised profiles. They are scarcely available on
18 Antwerp Diamond Co. Finance for Medicines in Botswana
Antwerp: Botswana’s Minister of Minerals and Energy, Joy Bogolo Kenewendo, is visiting the Antwerp diamond sector this week to thank 18 diamond companies that jointly financed life-saving medicines and medical supplies. The Antwerp diamond community mobilised after Botswana declared a medical state of emergency this summer due to a severe shortage of essential medicines. Thanks to the funds raised, more
BDB Hosts RJC Roadshow & Board Meeting
Mumbai: Reinforcing its commitment to global best practices, Bharat Diamond Bourse (BDB) hosted the Responsible Jewellery Council (RJC) Roadshow, bringing together international experts and industry professionals for focused discussions on responsible, transparent, and future-ready practices in the diamond and jewellery sector. Led by Mr. Dave Meleski, Chairman, RJC, the programme featured presentations by Ms. Suzanne Brooks, General Manager – Standards,
Progress Killed in Pursuit of the Impossible: WDC
Dubai: The World Diamond Council (WDC) yesterday expressed profound regret that a small number of Kimberley Process (KP) Participants blocked consensus on long-awaited reforms designed to strengthen protections for Africa’s diamond-mining communities. For three years, the KP Review and Reform Committee worked on the most ambitious reform effort in more than two decades. That work brought the KP closer than
GET-Diamonds Signs Agreement with Lucy Platforms
Antwerp: A year after its launch, GET-Diamonds.com, the B2B e-commerce diamond trading site owned by the World Federation of Diamond Bourses (WFDB), signed a new long-term agreement with high-tech company Lucy Platforms. According to the agreement Lucy will use its proprietary AI-based technology to enhance the design and functionality of GET-Diamonds.com, ensuring that the diamond trading platform is even more
BIS to Come up with Guidelines on Hallmarking
Mumbai: Third meeting of the expert committee formed by the Ministry of Commerce and Industry to resolve the issues of mandatory hallmarking was held recently. A number of issues were raised during the meeting and Bureau of Indian Standards (BIS) has assured to consider and come up with a comprehensive guidelines and detailed responses to the expert committee queries in
GJEPC with eBay Launches Online Jewellery Store
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), the apex body of gem & jewellery trade in India, has forged a unique partnership with global E commerce giant eBay to offer to its Members an Exclusive Jewellery Store on eBay. With its ‘Make in India for the World’ tag, the Jewellery store on eBay will help jewellery exporters including MSMEs and
Mehul Choksi Captured from Dominica
Mumbai: Fugitive diamantaire Mehul Choksi, who had recently fled from Antigua and Barbuda, was captured in neighbouring Dominica after an Interpol Yellow Notice was issued against him, the local media reported on Wednesday. Efforts are on to hand him over to the Royal Police Force of Antigua and Barbuda, the local media reports stated. Choksi had been living in Antigua and Barbuda
