We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Top News
De Beers Reports Increase in Q3 Production
London: De Beers reported a sharp increase in rough diamond sales and production for the third quarter of 2025 compared to the same period last year. The sales volume tripled due to an extra selling event (Sight) in Q3 2025, which was reduced during the market downturn in Q3 2024. Production was up 38% year-on-year, primarily driven by higher output from
India Govt. Releases Special BDB Postal Stamp
Bharat Diamond Bourse (BDB), the world’s largest diamond trading exchange, proudly marks a dual milestone this year; 41 years since its incorporation and 15 glorious years of successful operations at its iconic Bandra Kurla Complex premises since 17th October 2010. To commemorate this milestone, the Department of Posts, Government of India, released a special BDB Postal Stamp recognizing the Bourse’s outstanding contribution to India’s diamond industry and global trade excellence. The
Sky Gold & Diamonds Strengthens Mangalsutra Business with Strategic Acquisition
Mumbai: Sky Gold & Diamonds Ltd., manufacturer and exporter of gold and diamond jewellery, recently announced that its wholly owned subsidiary, Starmangalsutra Pvt. Ltd., has entered into an non binding term sheet to acquire a majority stake in Shri Rishab Gold, a reputed Mumbai-based jewellery firm. The partnership marks a significant step in Sky Gold & Diamonds’ strategy to establish
Pre CIBJO Congress Report Focuses on AI
Milan: With a couple of days to go to the opening of the 2025 CIBJO Congress in Paris, France, on October 27, 2025, the tenth and the final of the pre-congress Special Reports has been released. Prepared by the CIBJO Technology Committee, chaired by Stéphane Fischler, the report focuses exclusively on artificial intelligence, looking at ways in which the greater jewellery
Deepika Padukone Graces GJEPC’s ‘Jewellers for Hope’ Charity Dinner
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) organised the 7th edition of its charity dinner ‘Jewellers for Hope’ in association with World Gold Council (WGC), De Beers, and Powered by GIA. As every year, this year too, the event raised Rs. 1 Crore from Jewellers. The proceeds of the charity dinner were donated to leading Bollywood actress Deepika
Hema Malini Inaugurated the IIJS Premiere 2022
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem & jewellery trade, kick started its flagship show IIJS premiere 2022 today. The show was inaugurated by Ms. Hema Malini, Member of Parliament along with Mr. Colin Shah, Chairman, GJEPC; Mr. Vipul Shah, Vice Chairman, GJEPC; Mr. Shailesh Sangani, Convener, National Exhibitions, GJEPC; and Mr.
WGC Launches SRO for India’s Gold Ind.
Mumbai: The World Gold Council (WGC) launched the country’s first Self-Regulatory Organisation (SRO) for the gold industry to promote the Swarna Adarsh Abhiyan (SAA) as an umbrella brand of industry’s best practices. The professionally-run SRO will build on the work of the SAA initiative – devising code of conduct for every industry vertical, providing certification for members who adopt these
Fancy Color Diamond Index Shows Overall Rise
Mumbai: Fancy Color Research Foundation (FCRF), a New York based non-profit organisation, said its Q2 2022 Fancy Color Diamond Index (FCDI) saw a price rise in all colours and sizes of fancy colour diamonds, with an average increase of 0.8%. This upward trend is apparent compared to other global indices, such as the Dow Jones -11.3%, the S&P -16.4%, gold
