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
Top News
Finance Issues Top of the Agenda at WDC, Dubai
Antwerp: With the 37th World Diamond Congress, the biennial meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), set to start in just over three weeks, WFDB President Ernie Blom says the finance sessions of the Congress are set to provide critical information for the industry on the issue of liquidity and other
VOD Jewellery Celebration Awards 2016
Dubai: The Vicenzaoro Dubai was witness to the first VOD JEWELLERY AWARDS 2016, presented to Industry stalwarts. The award was organized by Fierra Di Vicenza and partnered by The New Jeweller Group, UAE and Middle East’s’ foremost Media services company for the gems and jewellery industry. Stalwarts who have been true ambassadors to the gems and jewellery industry of Dubai
Zimbabwe Inks Deal with New Mining Company
Harare: Zimbabwe’s mines ministry is said to have inked a new deal with the Diamond Mining Company paving way for the Lebanese-owned company to resume operations in Marange. Mines minister Walter Chidhakwa said DMC had agreed to cede 50 percent of its shares to Harare. “We went into discussions and had an agreement to take over 50% of the company.
Diamond Prices Will Need 1.5-2 Years to Recover
Moscow: After rough diamond prices dropped by 15% in 2015, they will need 1.5-2 years to bounce back, in the opinion of Andrey Zharkov, head of ALROSA. “We expect the market to stabilize in 2016, but in any case prices will require a year and a half or two years to recover,” he said in an interview to Yakutiya24, a
India Design Gallery at JCK Las Vegas 2026
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) presents the India Design Gallery at the 2026 JCK Las Vegas trade show. This exclusive gallery, located at Level 1 Lobby, will highlight some of the most exquisitely crafted jewellery pieces from India. Held from 29thMay to 1st June 2026, at the Venetian Expo | Indian Pavilion at Level 1 and
Gemfields’ Higher-Quality Emerald Auction Fetches $26.8 Million
London: Gemfields recently announced revenues of $26.8 million from its latest higher-quality rough emerald auction, with strong demand continuing for top-tier stones despite broader market caution driven by geopolitical tensions and macroeconomic uncertainty. The auction, held from 4 to 21 May 2026, saw 36 of 37 lots sold, representing a 97% sell-through rate. Of the 185,135 carats offered, 183,385 carats
D. P. Abhushan Q4 2026 PAT Jumps 101% YoY
Bhopal: DP Abhushan Limited (NSE: DPABHUSHAN, BSE: 544161), a company marking golden legacy of 86 years into Jewellery Industry known for its highest purity & designs standards, transparency & wide range of products portfolio at 12 different geographics in India, announced its financial results for the fourth quarter and full year ended 31st March 2026. The company reported a strong performance with Q4FY26
WFDB Concludes the International Summit
Gaborone: The World Federation of Diamond Bourses (WFDB) has concluded its International Summit in Gaborone, Botswana, bringing together senior government representatives, industry leaders and stakeholders from across the global natural diamond value chain to examine the sector’s future amid shifting market dynamics and evolving consumer expectations. Held from 18-19 May in collaboration with Botswana’s Ministry of Minerals and Energy under
