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 Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Top News
Mumbai-Brussels Flights to Resume
Brussels: Earlier this year, India’s Jet Airways pulled out of Brussels and relocated their operations to Amsterdam, leaving Brussels Airport without a direct flight to India. Yesterday, after having reached an agreement with Air India, Brussels Airlines has announced that they will start flying directly to Mumbai in March 2017. This news was received very positively by the Antwerp diamond
EXCLUSIVE: Sanjay Kothari Writes for G2J
Mumbai: The year 2016 is being celebrated as ‘Golden Jubilee’ of India’s Gem & Jewellery Export Promotion Council (GJEPC) which was set up by the Ministry of Commerce, Government of India (GoI) in 1966. This is one of several Export Promotion Councils (EPCs) launched by the Indian Government, to boost the country’s export thrust, when India’s post-Independence economy began making
Global Gold Demand Reaches 2,335 Tons in H1
Mumbai: Global gold demand reached 2,335 tons (t) in the first half of 2016 with investment reaching record H1 levels, 16% higher than the previous record in H1 2009, according to the World Gold Council’s (WGC) latest Gold Demand Trends report. Q2 2016 continued in the same vein as the first quarter this year with overall gold demand growing to
Petra Recovers 138.57 Carat Diamond
Johannesburg: Petra Diamonds recovered a 138.57-carat, D-color, type IIa rough diamond, the latest in a string of large stones found at its Cullinan mine in South Africa. The company said it will offer the diamond at its sale in Johannesburg toward the end of the month. The Cullinan mine is no stranger to large diamonds with recent finds including a
High Gold Prices, Advantage Platinum Jewellery
Mumbai: As gold and silver prices soar to record highs in 2026, driven by import duty hikes and strong market demand, platinum jewellery is emerging as a premium yet increasingly competitive alternative. With gold prices exceeding ₹1 lakh per 10 grams, the relative price difference for rare, durable platinum has narrowed, making it a compelling choice for consumers seeking luxury
GJEPC Takes Bold Stance on Recent Hike in Import Duty
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) acknowledged the Government’s decision to raise gold import duty to 10% from 5% and Agri cess to 5% from 1%. An official statement issued by the organization says, “As an industry, we remain committed to the spirit of ‘Nation First’ echoed by Honorable Prime Minister Mr. Narendra Modi. In response to
Need to Further Strengthen Trust in the System: KP Chair
Mumbai: The Kimberley Process (KP) Intersessional Meeting 2026 commenced in Mumbai under India’s Chairmanship. The meeting, being held from May 11 to May 14, 2026, has brought together representatives from Kimberley Process Participants, Observers and industry stakeholders from across the world to deliberate on key issues related to the global trade in natural diamonds. Addressing the gathering, KP Chair 2026,
Sky Gold and Diamonds Appoints MSKA & Associates
Mumbai: Sky Gold and Diamonds Limited has appointed M/s M S K A & Associates LLP, Chartered Accountants, a member firm of BDO International, as the Statutory Auditors of the Company and its material subsidiaries, subject to shareholders’ approval. The appointment has been approved by the Board of Directors following the recommendation of the Audit Committee. The move marks a
