We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
Top News
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
Enduring Q2 Performance by Senco Gold
Kolkata: Senco Gold Limited has announced its consolidated results for the quarter and half-year ended 30th September 2025. The company has a robust network of over 192 showrooms across 17 states and UTs. (Rs in Cr) Speaking of the performance, Mr. Suvankar Sen, Managing Director & CEO, Senco Gold Ltd, said, “We are pleased to report that we have delivered an enduring performance in Q2, despite the highest-ever gold prices reaching to Rs. 11650/gm
India Govt. Approves Export Promotion Mission
New Delhi: The Union Cabinet chaired by the Prime Minister Mr. Narendra Modi has approved the Export Promotion Mission (EPM), a flagship initiative announced in the Union Budget 2025–26 to strengthen India’s export competitiveness, particularly for MSMEs, first-time exporters, and labour-intensive sectors. The Mission will provide a comprehensive, flexible, and digitally driven framework for export promotion, with a total outlay
HM Sarafa Bazaar Unveils Sterling Silver Jewellery Store
Mumbai: Blending 80 years of legacy with contemporary design sensibility, HM Sarafa Bazaar, a B2B jewellery platform, announced the opening of its first experiential store, iAMORY, a modern handcrafted 925 sterling silver and lab grown diamond brand in Chandivali, Powai, Mumbai. Co-founded by a husband-and-wife duo, Archit Jain and Anokhi Jain, the new store is thoughtfully designed at the confluence
Rio Tinto Introduces COVID-19 Testing at Diavik Mine
Perth: As an extra precautionary measure to protect employees and community members, Rio Tinto is introducing COVID-19 testing at its Diavik diamond mine in Northwest Territories, Canada. Not for profit public health experts GuardRX have installed an on-site laboratory at Diavik to conduct a testing program for employees and contractors using nasopharyngeal swabs. The program is being implemented in collaboration
Banks Reluctant to Finance Belgian Diamond Sector
Antwerp: Banks in Belgium are reluctant to extend vital loans to help diamond firms survive coronavirus. The Antwerp World Diamond Centre (AWDC), representing 1,600 companies, claims banks are turning down applicants who clearly qualify for a financial lifeline. The banks agreed a $55bn emergency loans policy with the Belgian government early on in the COVID-19 crisis. But
Members of ZCDC Board Resign en masse
Harare: Zimbabwe Consolidated Diamond Company (ZCDC) board members have resigned en masse in protest against parent ministry decision and modus operandi. Amongst other issues was government’s decision to grant mining licenses to foreign companies without consultation. According to 263chat, the board, led by Engineer Ukama is allegedly livid that while Zimbabwe has lost billions in revenue from diamonds, government intends
Baselworld Cancels Jan 2021 Show
Basel: The MCH Group, organiser of Baselworld has decided to cancel the show scheduled from Jan 28 to Feb 2, 2021 after reaching an agreement with representatives of the exhibitors at the show regarding the settlement for the cancelled 2020 edition. The amicable solution has been drawn up in collaboration with the Swiss Exhibitors’ Committee and is unanimously approved by
