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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GJF to Hold Seminars on Excise Implementation
Mumbai: All India Gems and Jewellery Trade Federation (GJF) has said that it will conduct seminars in 60 cities across the country to create awareness among jewellers on norms of excise duty implementation and other trade related practices. “There is lot of confusion among jewellers about the excise duty norms, administrative matters and maintenance of records. We will organize seminars
Banks to Disclose Names of 7000 Willful Defaulters
Ahmedabad: The All India Bank Employees Association (AIBEA) is all set to make public the names of 7,000 willful defaulters, many of who are from Gujarat. The association has said they will disclose the data next week. “There are around 7,000 willful defaulters, and their bank dues add up to a staggering Rs70,000 crore. Their names will be announced on
ALROSA Recovers 214-Carat Diamond
Moscow: ALROSA recovered a 214.65-carat diamond from Nyurbinskoye placer deposit, the second such special stone found in the area in as many months. The company said the diamond measures 42.11mm x 34.26mm x 16.07mm and is translucent with a grey hue. It has cracks that are filled with graphite and sulphide composition and is classified by the company as 4
De Beers Launches Beneficiation Project in SA
Gaborone: De Beers, the Government of South Africa and the country’s diamond cutting industry yesterday jointly launched The Enterprise Development Project for Diamond Beneficiators in Johannesburg. The launch was attended by the Deputy Minister of Mineral Resources, Godfrey Oliphant, and the Premier of Gauteng, David Makhura, amongst other dignitaries. The Project aims “to facilitate the transformation and growth of the
Industry Expectations on Akshay Tritiya Sales
Mumbai: Akshay Tritiya is one of the most auspicious days in the Hindu calendar to buy gold, symbolizing lasting prosperity and wealth. Gold prices have risen significantly (nearly 60% up from last year) with 24K hovering around ₹1,55,570 per 10g in mid-April 2026. Digital gold, coins, and jewelry are popular purchasing options. Despite high prices, demand remains high as gold
India’s G&J Exports Grew During April’25 & Mar’26
Mumbai: India’s gem and jewellery exports for the financial year April 2025 – March 2026 stood at ₹2,44,827.26 crore, registering a growth of 0.93% in rupee terms compared to ₹2,42,559.39 crore in the previous financial year. In dollar terms, exports were recorded at US$ 27.72 billion, reflecting a moderate decline of 3.32% year-on-year. The performance comes amid a year marked by geopolitical
Gaetano Cavalieri Awarded 2nd Highest Rank in Italian Knighthood Order
Milan: CIBJO President Mr. Gaetano Cavalieri has been named a Grande Ufficiale (Grand Officer), the second-highest rank within the Ordine al Merito della Repubblica Italiana, the most senior knighthood order of merit in the Italian Republic. Established in 1951, the order recognizes accomplishments in the fields of science, literature, arts, economy, public service, and social, philanthropic and humanitarian activities and for
Zen Diamond Opens New Store in Hyderabad
Hyderabad: Zen Diamond, the globally acclaimed fine jewellery brand with a presence across more than 450 stores worldwide, continues to expand its presence in India with the opening of its new store at Lake Shore Mall, Hyderabad. After establishing a strong foothold in Mumbai with stores in Bandra and Borivali, and further strengthening its presence in Chandigarh with one store
