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
Israel to Hold 3rd IRDW from 22nd May
Ramat Gan: Israel stands to boost its international status as a rough diamond trading center with the third International Rough Diamond Week (IRDW) to be held May 22 – 26, 2016. The Israel Diamond Exchange (IDE) expects this event to attract a record number of international buyers as well as hundreds of Israeli diamond manufacturers. The rough diamond week will
Brazilian Officials Learning from Antwerp Industry
Antwerp: Fourteen officials from the Brazilian Ministry of Mines and Energy are following a rough diamond training course provided by the Antwerp diamond industry over a period of two weeks. The objective of the course is to ensure that Brazil is able to apply the strict requirements of the Kimberley Process properly. Brazil has a great many potential diamond mines.
DiamondCorp Sells Lace Mine Kimberlite Diamonds
Johannesburg: South African diamond mining, development and exploration company Diamond Corp has announced the sale of 8.648 carats of Lace Mine diamonds through direct sales and competitive tender. This marks the first sale of Lace Mine diamonds since 1931. The company said that 6,247 carats of the diamonds were greater than 1.25mm in diameter and were recovered as a result
India Close to 8% GDP Growth
New Delhi: Banking reforms and job creation are the two biggest current challenges, said Arvind Panagariya, vice-chairman of the NITI Aayog. The country is close to achieving eight per cent annual growth in gross domestic product (GDP), on the back of good infrastructure development, he added. “The advance estimate for 2015-16 pegs GDP growth at 7.6 per cent and the
De Beers Brings Diamonds & Glamour to London
Mumbai: Insiders suggest a star-studded journey to London might be on the cards. But why London? Beyond its glittering reputation as a global hub for jewellery and fashion, whispers point to something far more dazzling — De Beers is set to host a major showcase in the city. This year, De Beers Group makes its grand debut at Frieze London,
India’s G&J Exports Grow 3.66% in 1H of ’25-26
Mumbai: India’s gem and jewellery (G&J) exports record a steady recovery in the first half of FY2025–26, witnessing a growth of 3.66% to US$ 14.09 billion between April and September 2025 compared to US$ 13.60 billion in the same period last year. This growth comes despite global headwinds, reflecting the resilience and adaptability of India’s jewellery exporters as festive and
IIBX & GJEPC Facilitate First-Ever Duty-Free Gold Import
Mumbai: The India International Bullion Exchange (IIBX), in collaboration with the Gem & Jewellery Export Promotion Council (GJEPC), has achieved a major milestone by facilitating the country’s first-ever duty-free import of gold under the Directorate General of Foreign Trade’s (DGFT) Advance Authorisation Scheme. This breakthrough marks a new chapter in India’s bullion market, aligning with the government’s vision to streamline
Kirit Bhansali Attends India-UK CEOs Forum
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) Chairman Mr. Kirit Bhansali was privileged to represent the gem and jewellery sector as part of the distinguished delegation accompanying Hon’ble Prime Minister Mr. Narendra Modi during his discussions with UK Prime Minister Sir Keir Starmer at the India-UK CEOs Forum . This high-level trade mission underscores the strong commitment of
