We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
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VOD Becomes Strategic Hub for Global Jewellery
Dubai: April 14 – 17, 2016, saw the second edition of the international gold and jewellery trade show, organized by DV Global Link, a joint venture between Fiera di Vicenza and the Dubai World Trade Centre. The second edition of VICENZAORO Dubai has confirmed the event’s role as a new strategic platform for global jewellery. Organized in Dubai between 14
Luvenus Jewellery is 'Authorised Diamond Dealer'
Singapore: Luvenus Jewellery Pte Ltd., a diamond and gold jewellery retailer has become Singapore’s first retail jeweller to join the WDM Authorised Diamond Dealer (ADD) programme, the World Diamond Mark Foundation announced in a statement last week. Describing the Singapore jewellery market as a micro-cosmos with a unique consumer profile of people from all over the world – locals, expats
Speakers for 37th World Diamond Congress
Antwerp: With little more than a month to go to the 37th World Diamond Congress, the biennial meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), the WFDB is putting the final touches to the programme and has announced the speakers list for the meeting. The overarching theme of the Congress, which will
Dominion Diamond Announces New Chairman
Toronto: Dominion Diamond Corp said that Robert Gannicott has retired as Chairman, with Jim Gowans appointed as non-executive Chairman of the Board of Directors with immediate effect. Gannicott will remain as a director of the company. Gowans was appointed to the Board of Directors on January 13. He has extensive operational experience in many aspects of the mining industry, including
PNG Jewellers Achieves Record Q1 FY27 Revenue of 24,130 Mn
Pune: P N Gadgil Jewellers Limited has announced its unaudited financial results for the quarter ended 30th June 2026. Key Financial & Operational Highlights: § Retail Contribution: Retail sales continued to strengthen, with the retail share of total revenue increasing to 78% in Q1 FY27 from 70% in Q1 FY26, reflecting the Company’s continued focus on expanding its high-margin retail business. § Strong Same-Store Performance: The Company delivered a robust Same-Store Sales Growth (SSSG) of 46.1% YoY, driven by healthy
US Tariff Could Dent Growth of India’s G&J Industry: GJC
Mumbai: The United States (US) has maintained a 10% additional tariff on Indian gem and jewellery (G&J) exports under a permanent Section 301 regime, which replaced the previous temporary Section 122 surcharge on July 24, 2026. This duty applies to natural diamonds, lab-grown diamonds, coloured gemstones, and finished jewellery, impacting India’s primary overseas market. Expressing his dissatisfaction on the move,
The Platinum Buyer Seller Meet Ends Successfully
Kochi: The Platinum Buyer-Seller Meet (BSM) 2026, hosted by Platinum Guild International (PGI) in Kochi on 8th & 9th July, brought together 10 manufacturers, more than 70 retailers and industry partners for discussions on product innovation, changing consumer demand and the future growth of platinum jewellery in India. Over the last few years, platinum jewellery has sustained double-digit growth in
New Tariff Puts India’s G&J Exports Under Pressure
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has taken note of the United States’ transition from the temporary Section 122 balance-of-payments surcharge to the new Section 301 tariff regime, effective from 24 July 2026, under which the additional tariff on Indian gem and jewellery (G&J) exports remain unchanged at 10%. The new tariff framework follows the conclusion of investigations
