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
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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
Piyush Goyal Inaugurates NEST 2 at SEEPZ
Mumbai: India’s Commerce and Industry Minister Mr. Piyush Goyal unveiled the NEST–02 (New Enterprises & Services Tower – Phase 2) at the Santacruz Electronics Export Processing Zone (SEEPZ) yesterday, calling for stronger partnership between industry and the government to boost efficiency, transparency, and skilling. Speaking at the event, Mr. Goyal said SEEPZ must mirror the rapid economic growth witnessed under
Mehul Choksi’s Extradition is Cleared by Belgium
Mumbai: Belgium’s top court has dismissed fugitive diamantaire Mehul Choksi’s appeal against his arrest in Antwerp, which was made on the basis of an extradition request from New Delhi, according to people familiar with the matter. The Belgian Court of Cassation — equivalent to India’s Supreme Court — heard Choksi’s plea in Brussels on Tuesday and ruled in favour of
Mumbai: Gemfields has announced revenue of $25.4 million from its November–December auction of commercial-quality rough emeralds, marking one of the company’s strongest sales performances of the year despite earlier disruptions at the Kagem mine in Zambia. Held via private viewings in Jaipur, India, followed by an online sealed-bid process, the auction offered 46 lots of rough emeralds. Of these, 45
Open House Session with Mumbai Customs Dept.
Mumbai: The Customs Zone–III successfully conducted an Open House Meeting on 4th December 2025, chaired by Mrs. Prachi Saroop, Principal Chief Commissioner of Customs, to deliberate on various operational and policy-related issues concerning customs functioning at PCCCC. The meeting saw active participation from trade members, industry representatives, exporters/importers, GJEPC and senior customs officials, fostering a transparent and collaborative environment. The
