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
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
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
First Online Rough Auction by De Beers in Mumbai
Mumbai: For the first time, small and medium diamantaires will get an opportunity to participate in the rough diamond tender auction to be conducted by Diamdel, an online auction subsidiary of De Beers group, reports The Times of India. The auction will be held at the special notified zone (SNZ) in Mumbai. The Gem and Jewellery Export Promotion Council (GJEPC)
Gem-A Releases the latest Journal of Gemmology
London: The Gemmological Association of Great Britain (Gem-A) has released the latest issue of its academic publication, The Journal of Gemmology, in collaboration with the Swiss Gemmological Institute SSEF, with the support of the American Gemological Laboratories (AGL). The current issue (Vol. 34, No. 8), released on 15 January 2016, is packed with a wide array of new content, covering
De Beers Completes Sale of Kimberley Mines
Gaborone: De Beers Consolidated Mines (DBCM) announces that it has completed the sale of Kimberley Mines (all assets, including the tailings mineral resource) to Ekapa Minerals (Pty) Limited – an investor consortium comprising Ekapa Mining (Pty) (50.1%) and Petra Diamonds Limited (49.9%), according to a press statement issued by the Company. When it first announced it was selling the mine,
Russian Ruble Falls to Record Low
Moscow: The Russian ruble fell to its weakest level ever against the dollar on Thursday even as top officials tried to play down the significance of the depreciation, reports The Wall Street Journal. The ruble hit 86 to the dollar, pressured by weak oil prices, just days after having broken through the psychologically crucial threshold of 80. “Today we saw
