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
Somnath Trust to Deposit 6 Kg. Gold under GMS
New Delhi: The Somnath Trust, which met here on Saturday, decided to deposit about 6 kg. gold under the government’s Gold Monetization Scheme (GMS), reports Financial Express. “Glad that Somnath Trust decided to deposit about 6 kg gold under Gold Monetization Scheme of Government of India,” Prime Minister Narendra Modi, who attended the meeting, tweeted. The Board of Trustees met
Platinum Deficit to Widen This Year
Johannesburg: Declining investment by platinum producers in South Africa, the world’s largest supplier, has begun to weigh on supply of the metal used for investment as well as jewellery and autocatalytic converters, new data shows. The World Platinum Investment Council (WPIC) recently released data that showed show a market deficit of 520 000 ounces for 2016, from 455 000 ounces
Lucapa Finds 38.6-Carat Pink Diamond from Lulo
Luanda: Australian explorer, the Lucapa Diamond Company, has discovered another multi-million dollar, pink diamond at its Lulo project in Angola. The 38.6-carat stone is the largest colored diamond recovered to date from Lulo, handily beating the 28.5-carat light pink diamond the company sold earlier this week. That stone was sold in a parcel of other diamonds for a total of
JNA to Confer Highest Honour to Shouzui Yasui
Hong Kong: The 2016 JNA Awards is presenting its most prestigious honour — the Lifetime Achievement Award — to casting solutions specialist Shouzui Yasui, Chief Executive Officer of Tokyo-based Yasui & Co. Yasui, recognized for his dedication and significant contributions to the jewellery and gemstone industry, will be receiving the accolade at the JNA Awards Ceremony and Gala Dinner scheduled
GSI Detects Undisclosed LGDs in Diamond Jewellery
New York: Gemological Science International (GSI) has identified undisclosed lab-grown diamonds (LGDs) in jewellery set with natural brown diamonds. The discovery comes at a critical time, as the global jewelry trade increasingly promotes off-color natural diamonds, such as brown and champagne hues, as unique, fashionable, and affordable alternatives to traditional colorless stones. Using advanced instrumentation, including Fourier Transform Infrared Spectroscopy
NDC & DJG Unite to Strengthen Natural Diamond Narrative in UAE
Dubai: Natural Diamond Council (NDC), a global not-for-profit organization representing the natural diamond industry and its entire value chain, is proud to announce a strategic collaboration with Dubai Jewellery Group (DJG). The partnership will be marked by an exclusive B2B event in Dubai, dedicated to reinforcing the integrity, transparency, and long-term growth of the natural diamond sector. Taking place on
Gold Breaks Records as Investors Seek Shelter from Market
Mumbai: The World Gold Council’s (WGC) Q3 2025 Gold Demand Trends report reveals that quarterly gold demand (including OTC) reached 1,313t, or US $146bn in value terms and was the highest quarter for demand on record. Growth was driven primarily by investment demand which accelerated in Q3 reaching 537t (+47% y/y) and accounted for 55% of overall net gold demand. This momentum
Jennifer Lopez Named Ambassador for Zen Diamond
Mumbai: Jennifer Lopez is named as the new brand ambassador for Zen Diamond. As the company continues its international expansion across 22 countries, this collaboration marks a significant step in its journey toward becoming a globally recognized brand. At the beginning of August 2025, while performing across Europe and Asia on her “Jennifer Lopez Up All Night” tour, Jennifer Lopez
