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
DEF Grants Educational Funding in India, DRC
Mumbai: The Diamond Empowerment Fund (DEF) announced two new grants totaling $130,000 to educational institutions in India and the Democratic Republic of Congo (DRC). The DEF and its board approved a $100,000 award to Veerayatan, marking the second consecutive year that the fund has given financial backing to the organization. Veerayatan was the first educational institution in India to receive
Fancy Color Diamond Prices Rise Slightly in Q2
New York: According to data collected and analyzed by the Fancy Color Research Foundation (FCRF), fancy color diamond prices edged up in the period between April and June 2016, after a relatively soft first quarter. Overall, price performance during Q2 was broadly in line with long-term trends in which continued demand-driven price increases for pink and blue fancy color diamonds
ALROSA Recovers 136.24-Carat Diamond
Moscow: ALROSA, the world leader in diamond mining, announces the recovery of a 136.24-carat diamond from Nyurbinskaya pipe, reported Alrosa’s official website. The gem-quality rough diamond, which is 3 Black Makeable 1 Сolour, measures 29.32 х 23.88 х 21.9 mm and is one of the largest through the history of Nyurbinskaya pipe. The extracted stone is a combination-form translucent colorless
De Beers Makes New Appointments
Gaborone: The De Beers Group of Companies yesterday announced new appointments to the positions of Senior Vice President of Sightholder Sales and Senior Vice President of Product Planning at its Global Sightholder Sales business. Nigel Simson will move from his current role as Senior Vice President of Sightholder Sales to head up the new Product Planning function that will establish
Gemfields Generates $29.6m from Emerald Auction
London: Gemfields Group Limited announced that its latest commercial-quality emerald auction generated $29.6 million, with every lot sold and the average realized price rising sharply from its previous sale. The auction, held between 24 August and 10 September, achieved $9.72 per carat, compared with $7.46 at the November-December 2025 auction. Total proceeds were also up from $25.4 million despite the volume
WGC Unveils New Chapter of ‘The Moment is Gold’
The World Gold Council (WGC) has unveiled the latest chapter of its ongoing campaign, ‘The Moment is Gold’. Building on the campaign’s central idea of celebrating life’s meaningful moments through gold, the latest film “First Diwali” captures a young couple experiencing their first Diwali together, a deeply personal milestone marked by warmth, belonging and new beginnings. The campaign reinforces how gold
JGTD to Open from 27th October
Dubai: The Middle East’s most global B2B jewellery sourcing event is all set for its fifth edition this October! Jewellery, Gem & Technology in Dubai (JGTD) opens from 27–29 October 2026 in North Halls N21 and N23 of the Dubai Exhibition Centre (DEC), reaffirming the fair’s status as the region’s go-to marketplace for fine jewellery, diamonds, coloured gemstones and technology. Featuring
Indian Leaders Elected to the CIBJO Board of Directors
Vicenza: At the conclusion of the CIBJO Centenary Congress in Italy on September 7, the General Assembly elected several prominent leaders from the Indian gem and jewellery sector to the Board of Directors of The World Jewellery Confederation (CIBJO). Key Appointments & Leadership: Industry Impact & Key Initiatives Founded as the oldest global organization in the gem and jewellery trade,
