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 Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Top News
‘Design Inspiration’ Inspires the Jewellery Industry
Mumbai: “Design Inspirations”, a two-day seminar focused on design organized by The Gem & Jewellery Export Promotion Council (GJEPC) on 8th & 9th Feb ended yesterday successfully. Mr. Praveenshankar Pandya, Chairman of the GJEPC, inaugurating the event said, “If the design is right, if it captures the imagination of the consumer then the jewellery sells and sells in multiples.” Explaining
1,111 ct. Diamond Named ‘Lesedi La Rona’
Gaborone: The 1,111-carat diamond recovered by Lucara Diamond Corp. in Botswana in November has been named ‘Lesedi La Rona’ following a competition among locals to label the gem. The name, which means ‘Our Light,’ was given by Thembani Moitlhobogi, the winner of a $2,196 (BWP 25,000) prize, according to a Lucara statement February 9. The contest was only open to
Shmuel Schnitzer Salutes Stephen Lussier
Ramat Gan: Shmuel Schnitzer, the newly elected Chairman of the Israel Diamond Institute Group of Companies (IDI), praised the appointment of Stephen Lussier as Chairman of the Diamond Producers Association (DPA). Lussier is Executive Vice President of Marketing of the De Beers Group and Chief Executive of the De Beers Forevermark brand. Shmuel Schnitzer said, “Stephen Lussier is a true
Indian Jewellers to Observe Strike on 10th Feb
Kolkata: Over 300 jewellery associations across the country will observe one-day strike on February 10 to protest against norms that make it mandatory to quote PAN for any transactions of Rs 2 lakh and above. “We are forced to call the strike on Wednesday for the government’s decision to impose PAN card for purchases above Rs two lakh,” chairman (east)
Registrations Open for JGW Hong Kong
Hong Kong: Buyer pre-registration for Jewellery & Gem WORLD Hong Kong (JGW) – the world’s No. 1 jewellery sourcing destination – is now open, show organiser Informa Markets Jewellery announced today. Trade buyers may pre-register until 7 September to experience six specialised B2B sourcing experiences across two premier locations spread out over seven days. From 15 to 19 September, the
Jewellery Hand Carriage Facilitation Centre Opened at Mumbai Airport
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in collaboration with Mumbai Customs, formally inaugurated the Jewellery Hand Carriage Facilitation Centre at Chhatrapati Shivaji Maharaj International Airport (CSMIA), Terminal 2, on 16th July 2025. The facilitation centre was inaugurated by Mr. Surjit Bhujbal, Member Customs, CBIC, in the presence of Mrs. Prachi Saroop, Principal Chief Commissioner, Mr. Alok Jha,
Despite Challenges, Gold is Well Positioned
Mumbai: Gold entered the second half of 2025 following an exceptionally strong performance in the first six months of the year, with prices rising 26%. This surge was driven by a weaker US dollar, ongoing geopolitical tensions, strong investor interest, and sustained central bank buying, according to the World Gold Council’s (WGC) mid-year outlook released on Tuesday, July 15. While
GJEPC Targets Saudi Arabia to Expand G&J Exports
Jeddah: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem and jewellery trade in India, with the support of the Ministry of Commerce & Industry, Government of India; the Embassy of India in Riyadh; the Consulate General of India in Jeddah; and the Dubai Jewellery Group, successfully launched SAJEX – The Saudi Arabia Jewellery Exposition
