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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Diamond Producers to Participate in WDC
Antwerp: Exactly two weeks before the start of the 37th World Diamond Congress (WDC), the biennial meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), organizers are putting the final touches to the meeting schedule. Among the issues to be discussed at the Congress is the work and approach of the diamond producers,
S&P Downgrades Botswana’s Outlook to Negative
Gaborone: The Standard & Poor’s Ratings Services (S&P) has revised downwards its outlook on Botswana to negative from stable, while affirming its ‘A-/A-2’ long- and short-term foreign and local currency sovereign credit ratings. The announcement came just days after S&P’s rival, Moody’s, reaffirmed Botswana’s credit rating of A2 for foreign and domestic bonds for 2016 while also upholding a stable
Review Jewellery Incentives: India's CAG
New Delhi: India’s Comptroller and Auditor General (CAG) has asked the government to review export incentives to the gems and jewellery sector to safeguard revenues and prevent round-tripping. The CAG also asked the department of commerce to undertake an outcome analysis of the important schemes implemented to boost the sector from an economic, trading, and revenue perspective. All inverted duty
Popley Group Collaborates with FICCI FLO
Mumbai: Popley Group, a pioneer in luxury jewellery and lifestyle in India & Middle East for over 88 years has taken a step towards women empowerment under the auspices of FICCI FLO for their ceremony on changing of guards. FICCI Ladies Organization, (FLO) is the women wing of the Federation of Indian Chamber of Commerce & Industry (FICCI) FLO represents
India’s G&J Exports Recover During April-Nov 2025
Mumbai: India’s gem and jewellery (G&J) exports showed clear signs of stabilization and recovery during April-November 2025, supported by improving global demand conditions and strong performance across diversified international markets. Total exports for the period rose marginally by 0.07% year-on-year to $18.87 billion, compared to $18.85 billion in the corresponding period last year, underscoring the sector’s resilience amid a challenging
How Many Years will the Diamonds Reserves Last?
Mumbai: Global economically viable diamond reserves are estimated at about 1.8 billion carats. At the current annual production level of roughly 90 million carats, these reserves are expected to sustain the market for around 20 years. The estimate was shared by Sergey Takhiev, Head of Corporate Finance and Investor Relations at Alrosa. More than half of the world’s diamond reserves
Oman Abolishes Import Duty on Indian Jewellery
Mumbai: The India–Oman Comprehensive Economic Partnership Agreement (CEPA), which abolishes customs duty on imports of gems and jewellery in Oman from India, is expected to significantly boost India’s exports to Oman and strengthen direct trade linkages between the two countries, according to the Gem & Jewellery Export Promotion Council (GJEPC). India’s gem and jewellery exports to Oman currently stand at
BDB Honoured with Excellence in Surveillance Award
Mumbai: Bharat Diamond Bourse (BDB), the world’s largest diamond trading hub, has been awarded the Excellence in Surveillance Award at the prestigious IFSEC India Awards 2025, in recognition of its outstanding leadership in security management and advanced surveillance practices. The IFSEC India Awards are among the most respected recognitions in the security and safety industry, celebrating organizations that demonstrate innovation,
