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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Hallmark of Jewellery now Mandatory in India
New Delhi: The Bureau of Indian Standard (BIS) Bill, passed by the Indian Parliament, empowers the government to make hallmarking of gold and silver mandatory and provides for jail up to two years and fine up to 10 times of the goods’ value in case of violation related to misuse of standards. The Parliament, on 8 Mar, passed a bill
DPA Announces Changes to Marketing Team
New York: The Diamond Producers Association (DPA) has announced that Sally Morrison, Managing Director of Marketing, will leave the organization in May to pursue another professional opportunity. To ensure continuity of momentum in the DPA’s US marketing activities, Michael Pace will join the organization at the end of March as Interim Managing Director of Marketing, until a permanent replacement to
Vicenzaoro Dubai from 14th April
Dubai: An unmissable event for the jewellery business community, VICENZAORO DUBAI will open up a new chapter for the industry. It is set to be the world’s most important networking platform for those involved in jewellery, gold, precious stones and diamonds. Taking place from 14 to17 April 2016 at the Dubai World Trade Centre, the event is now in its
HRD Antwerp and HKIDA Sign Agreement
Antwerp: HRD Antwerp, Europe’s Leading Authority in Diamond Certification, and the Hong Kong Indian Diamond Association (HKIDA) have signed an agreement concerning an exclusive screening service using the M-Screen. During the 2016 March Hong Kong Diamond, Gem and Pearl show, HRD Antwerp and HKIDA have come to an agreement concerning an exclusive melee diamond screening service using the M-Screen, the
Reena Ahluwalia’s Painting Accessioned into Smithsonian
Toronto: Visual Artist Reena Ahluwalia’s painting, “The Legacy of The Winston Red Diamond,” has been accessioned into the Smithsonian National Museum of Natural History. At a May 6 ceremony in the Janet Annenberg Hooker Hall of Geology, Gems, and Minerals, Dr. Gabriela Farfan, the Coralyn W. Whitney Curator of Gems and Minerals, accepted the painting. This is the first contemporary
India’s PM Appeals People Not to Buy Gold
New Delhi: India’s Prime Minister Mr. Narendra Modi has appealed country’s citizens not to buy gold for one year. His may have sounded unusual at first, especially in a country where gold is deeply linked to tradition, savings and family celebrations. But behind the statement lies a larger economic concern: pressure on India’s foreign exchange reserves and the weakening rupee
WDC ‘A Champion for Natural Diamond Trade’
Antwerp: The World Diamond Council (WDC) is a champion for the natural diamond trade, with the primary objective of building confidence in natural diamonds and helping the trade sell them, according to its incoming President Ronnie VanderLinden. He was speaking at the Annual General Meeting of the WDC, which took place May 7, 2026, in Antwerp, Belgium. Taking office at
Feriel Zerouki Forced Diamond ind. to Face Itself
Antwerp: Feriel Zerouki forced the diamond industry to confront the questions it had long avoided during her presidency of the World Diamond Council (WDC), a tenure defined by service to those most exposed at the front line of the trade. Taking office at a time of rising scrutiny, tightening regulation and changing consumer expectations, Zerouki placed reform of the Kimberley
