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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Celebrate Akshaya Tritiya with Indian Gold Coin
Mumbai: Akshaya Tritiya, one of the most important festivals in the Indian calendar, falls on Monday, 9th May this year. It is considered a particularly auspicious day to buy gold, and following this tradition is believed to bring a family long-term prosperity and success. This Akshaya Tritiya, Indian consumers can usher the festival of good fortune by buying India’s first
ZCDC Sells 270,000 Carats of Diamonds Since Feb
Harare: The Zimbabwe Consolidated Diamond Company (ZCDC) has sold 270,000 carats of diamonds since February, when the government created the entity having merged several diamond companies, according to The Africa Report. Zimbabwe’s mines and mining development minister Walter Chidhakwa said that the ZCDC’s performance had vindicated the government’s decision consolidate the mines into one organization. He estimated that monthly diamond
Gemfields Sells Emeralds at Record Average Price
Lusaka: Gemfields achieved a record average price for “higher-quality” rough emerald at an auction in Lusaka, Zambia. The miner sold 470,000 carats for an average of $70.68 per carat at the sale in Lusaka, which ran from March 30 to April 3. Total revenue generated was $33.1 million. Gemfields said production of emeralds and beryl at the Kagem mine in
Singapore Diamond Investment Exch. Launched
Singapore: Trading has started on the Singapore Diamond Investment Exchange (SDiX), the world’s “first” commodity exchange for physically-settled diamonds. The introduction on May 5 “represents the most significant change in global diamond trading practices in hundreds of years,” according to SDiX, which is backed by investors including the Singapore government’s sovereign wealth fund Temasek Holdings. “The SDiX represents a tectonic
Overall Outlook Remains Positive for Gold & Silver in 2026
Mumbai: The All India Gem & Jewellery Domestic Council (GJC) has issued its annual review of the bullion market, highlighting the extraordinary rally in gold and silver during 2025, which has pushed both metals to record or near-record highs by December and the factors driving this surge. The sharp rally in gold and silver witnessed this year is the result
Sara Tendulkar Appointed as Brand Ambassador of Litestyle by PNG
Pune: Litestyle by PNG, the contemporary lightweight fine jewellery brand from PNG Jewellers, has announced Sara Tendulkar as its brand ambassador, marking a key step in strengthening the brand’s connection with India’s future jewellery consumers. The association reinforces Litestyle’s role as a strategic bridge between PNG Jewellers’ legacy customers and its future customers. While PNG has been a trusted name
Commerce Secretary Visits GJEPC Ofiice
Mr. Rajesh Agrawal, Commerce Secretary, Department of Commerce, India, visited GJEPC headquarters in Mumbai on 26 December and held a detailed interaction with GJEPC’s Committee of Administration, including Mr. Kirit Bhansali, Chairman, Mr. Shaunak Parikh, Vice Chairman, Mr. Anoop Mehta, Convener – Diamond Panel, Mr. Russell Mehta, Co-Convener – Diamond Panel, Mr. K.S. Srinivasan, Convener – Gold Panel, Mr. Ashish
GJEPC Welcomes India’s Role as KP Chair
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), the nodal agency for the Kimberley Process (KP) in India, welcomes India’s election as Chair of the Kimberley Process Certification Scheme (KPCS) for 2026. The Kimberley Process Certification Scheme, a UN-mandated initiative, is the only global mechanism governing international trade in rough diamonds, aimed at preventing conflict diamonds from entering legitimate
