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
World Diamond Congress in Singapore from July 12
Singapore: The next World Diamond Congress, a joint assembly of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), will be held July 12-15, 2026, at the Sands Expo & Convention Centre. “We are excited to hold this pivotal industry gathering once again in Singapore,” Fabio Cascapera, President of the Diamond Exchange of Singapore (DES),
IIGJ Lab Simplifies Ruby Treatment Description
New Delhi: IIGJ Lab is committed to serve the Gem & Jewellery Industry by providing independent quality assessment of Gemstones & Jewellery. IIGJ’s Ruby Identification service is well known and is availed by gemstone manufacturers, traders, and retailers. Effective 6th November 2025, IIGJ Lab (A Project by GJEPC India) sponsored by Ministry of Commerce and Industry, Govt. of India has
GJEPC Headed G&J Sector During President’s Botswana Visit
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) headed the gem and jewellery (G&J) sector’s presence during President Smt. Droupadi Murmu’s state visit to Botswana from 11 to 14 November. As part of Indian delegation, led by South Gujarat Chamber of Commerce & Industry (SGCCI), Mr. Jayanti Savaliya, Regional Chairman – Gujarat, GJEPC, was heading a team representing the
Sky Gold Registers Growth Oriented Q2 Results
Mumbai: Sky Gold and Diamonds Limited (BSE: 541967 | NSE: SKYGOLD), listed B2B Gold Jewellery manufacturer recently announced its Q2FY26 results for the quarter ended September 30, 2025. With a solid Q1FY25, the company has continued Q2FY26 with a strong growth momentum, backed by rising exports, capacity enhancement plans, and deeper retail partnerships across India, the Middle East and Southeast Asia. (All figures in ₹ crore unless otherwise stated) Particulars(₹ Crores) Q2’FY26 Q2’FY25 Y-o-Y Q1 FY26 Q-o-Q Revenue 1484.5 768.8 93.1% 1131 31.2% EBITDA 99.9 38.8 157.5% 71.4 39.9% EBITDA Margin (%) 6.73% 5.1% 163bps 6.3% 43bps PAT
Disha Patani Becomes First Brand Ambassdor of ORRA
Mumbai: ORRA, India’s leading and trusted brand of diamond jewellery has added a new category to its portfolio by introducing DESIRED collection, targeted at millennials. With the launch of DESIRED, ORRA has further expanded their contemporary jewellery line for the growing base of young women consumers. The significant launch is marked with the announcement of Disha Patani as the brand ambassador for ORRA.
Fresh Warning against CAR Diamonds
New York: In light of recent reports by the international media, observers on the ground and NGOs about political unrest in the Central African Republic (CAR), the World Diamond Council (WDC) reiterates its call to members of the diamond industry to carry out enhanced due diligence when considering the purchase of goods that are known to have originated or are
Polished Prices Showed Moderate Gains in Q4
Mumbai: The new year started on a relatively positive note, with price movements recorded during the period of October through December 2020 providing reasons for optimism. Retail demand trended positively, having first been propped up by an uptick in consumer optimism with the relaxation in COVID flight restrictions during the third quarter, and then healthy holiday season demand, which helped
Budget is Positive for India’s Gold Market: WGC
Mumbai: The World Gold Council (WGC) observed that the policy announcements made in the 2021-22 Union Budget should be positive for India’s gold industry as a lower import duty may boost consumer demand and curb unofficial imports, according to a WGC market update titled ‘Union Budget impact on Indian gold market’. The WGC report deep-dives into the key announcements and
