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
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ALROSA Starts Work on New Zarya Mine
Moscow: ALROSA has started developing the Zarya pipe, a new deposit in its Aikhal Mining and Processing Division, forking out an estimated initial investment of $149 million (RUB 9.8 billion). The mine is expected to reach a targeted capacity of 1 million tons of ore per year by 2021 and have a lifespan of 13 years, ALROSA said. “The construction
Standard Chartered Opts out of Diamond Sector
London: London-based bank Standard Chartered, one of the largest lenders to the diamond industry midstream has announced that it will shut its diamond and jewelry business, according to a report published in The Times of India. It was reported in March that the bank, which has lent around $2 billion to the industry, had asked its diamond-processing clients, particularly in
RJC Elects Wilfried Hoerner as Chairman
Las Vegas: The Responsible Jewellery Council (RJC) voted in Wilfried Hoerner of Swiss precious metals company Argor-Heraeus as chairman at its annual general meeting (AGM) in Las Vegas earlier this month. Hoerner replaces Charles Chaussepied, who held the position of interim chair since last July. The organization, which sets standards for the entire jewelry supply chain, re-appointed Mark Jenkins of
Report Submitted on Myanmar’s Gem Scandal
Naypyidaw: A team investigating the disappearance of nearly U.S. $100 million in funds belonging to a gem association has submitted its findings to Myanmar’s minister of natural resources and environmental conservation, the lead investigator said. The team had investigated nine members of the gem association’s central committee, authorities from the Ministry of Mines, gem association chairman Yone Mu, and three
GJEPC Offers Exciting Prizes at IIJS Tritiya Show
Bengaluru: Count-down has begun for the much awaited IIJS Bharat Tritiya Show at Bengaluru International Exhibition Centre to be held between 21st to 23rd March 2026. India’s Gem & Jewellery Export Promotion Council (GJEPC), the organizer of the Show has added a new attraction this year offering bumper prices like Mercedes Benz, Mahindra Thar cars and many more. The Mega
WGC Unveils ‘The Moment is Gold 2.0’ Campaign
Mumbai: The World Gold Council (WGC) has recently launched the second phase of its campaign, ‘The Moment is Gold’, reinforcing gold’s evolving role in contemporary lifestyles. With its second phase, the campaign positions gold as a modern social currency celebrating personal milestones, individual aspirations, and meaningful everyday achievements beyond traditional occasions. The initiative reflects a clear cultural shift, where gold
Distinguished Women of the G&J industry Honored with Golden Girls Awards
Mumbai: The India Bullion & Jewellers Association Ltd. (IBJA), in association with Heera Zhaveraat, the B2B trade magazine for the global Gem & Jewellery industry, recently hosted the 4th Golden Girls Award (GGA) in Mumbai. The Golden Girls Award (GGA) provided a platform to celebrate and recognize the outstanding accomplishments of women entrepreneurs in the industry, highlighting their persistent dedication
IAGES Expands Network with 50+Accredited Partners
Mumbai: The Indian Association for Gold Excellence and Standards (IAGES), a Self-Regulatory Organization (SRO) established by and for the Indian gold industry has achieved the 50 accredited members milestone, reshaping the gold sector to become more consumer-friendly and future-ready. Some of India’s leading gold retailers like Senco Gold & Diamonds, PN Gadgil Jewellers, Kalamandir Jewellers and Waman Hari Pethe Jewellers
