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
Top News
Petra CEO Skeptical About Market Recovery
London: Fresh off the heels of a promising Q1 2016 production and trading update announcing a 26% increase in production and 25% rise in revenues, Petra Diamonds’ CEO Johan Dippenaar has joined other mining executives in warning that it’s still too early to tell if the industry’s rebound from the worst year since the financial crisis will last, writes Thomas
Moscow Exchange to Start Trading in Diamonds
Moscow: Russia’s biggest diamond company, ALROSA, and the Moscow Exchange are developing a project to establish trading in investment diamonds and futures (a form of contract that sets the timeframe and price for selling a commodity). The head of the Moscow Exchange commodities department, Mikhail Orlenko, believes that the project may be of interest both to private investors, who will
Diamond Jewellery Demand Grows 5% in US
London: Diamond jewellery demand by US consumers hit a record level of US$39 billion in 2015, according to industry insight data published today by The De Beers Group of Companies. Demand by US consumers increased five per cent on 2014 levels as they benefited from the sustained economic recovery, higher levels of job creation and wage growth. The US remains
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
Gold Breaks Records as Investors Seek Shelter from Market
Mumbai: The World Gold Council’s (WGC) Q3 2025 Gold Demand Trends report reveals that quarterly gold demand (including OTC) reached 1,313t, or US $146bn in value terms and was the highest quarter for demand on record. Growth was driven primarily by investment demand which accelerated in Q3 reaching 537t (+47% y/y) and accounted for 55% of overall net gold demand. This momentum
Jennifer Lopez Named Ambassador for Zen Diamond
Mumbai: Jennifer Lopez is named as the new brand ambassador for Zen Diamond. As the company continues its international expansion across 22 countries, this collaboration marks a significant step in its journey toward becoming a globally recognized brand. At the beginning of August 2025, while performing across Europe and Asia on her “Jennifer Lopez Up All Night” tour, Jennifer Lopez
HRD Antwerp to Stop Grading Loose LGDs
Antwerp: HRD Antwerp announced it will stop grading loose lab-grown diamonds (LGDs) for commercial use, starting from January 2026. This move is intended to clearly distinguish between natural and lab-grown diamonds and strengthen consumer confidence in the natural diamond market. The lab will continue to issue certificates for jewelry that contains LGDs and will still analyze synthetic stones for research purposes.
CIBJO Congress Focuses on Standards & Sustainability
Paris: The 2025 Annual Congress of the World Jewellery Confederation (CIBJO) opened on October 27 at the Comet Auditorium in Paris, welcoming more than 250 delegates from across the global jewellery supply chain. The gathering marks a milestone year for CIBJO as it nears its centenary, reaffirming its position as the guardian of industry standards, consumer trust, and ethical business
