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
WFDB Preparing for World Diamond Congress
Antwerp: The World Federation of Diamond Bourses (WFDB) is preparing for the 37th World Diamond Congress, the biennial meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), which will take place in Dubai from May 16 to 19. WFDB President Ernie Blom says the key themes of the meeting will be transparency, responsibility
GemeWizard Releases Latest GemePrice Software
Ramat Gan: Gemewizard, the world leader in the development of gem digital color communication, grading and pricing announces that it has launched GemePrice 5.0, the latest version of its online pricing system and pricelist for diamonds, fancy colored diamonds, gemstones and jewelry. The company will be demonstrating its latest software at the upcoming AGTA GemFair at the Tucson Convention Center
Israel’s 2015 Polished Exports Drop 20.3%
Ramat Gan: Data released by Israel’s Ministry of Economy and Industry’s Diamonds, Special Stones and Jewelry Administration (DSJA) (formerly known as the Diamond Controller’s office) reveal a significant drop in Israel’s import and export of both rough and polished diamonds in 2015. Net polished exports for 2015 totalled US$4.993 billion, down 20.3 percent compared with 2014, while net rough imports
India Govt. Reiterates Tax Sops on GMS
New Delhi: Interest earned on deposits under the central government’s Gold Monetization Scheme (GMS) will not attract any tax; gain through trading or redemption will also be exempted from capital gains tax, it was officially reiterated on Sunday. This clarification, didn’t say if the tax deducted at source provision would apply to gains made by the scheme. The government also
US Tariff Could Dent Growth of India’s G&J Industry: GJC
Mumbai: The United States (US) has maintained a 10% additional tariff on Indian gem and jewellery (G&J) exports under a permanent Section 301 regime, which replaced the previous temporary Section 122 surcharge on July 24, 2026. This duty applies to natural diamonds, lab-grown diamonds, coloured gemstones, and finished jewellery, impacting India’s primary overseas market. Expressing his dissatisfaction on the move,
The Platinum Buyer Seller Meet Ends Successfully
Kochi: The Platinum Buyer-Seller Meet (BSM) 2026, hosted by Platinum Guild International (PGI) in Kochi on 8th & 9th July, brought together 10 manufacturers, more than 70 retailers and industry partners for discussions on product innovation, changing consumer demand and the future growth of platinum jewellery in India. Over the last few years, platinum jewellery has sustained double-digit growth in
New Tariff Puts India’s G&J Exports Under Pressure
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has taken note of the United States’ transition from the temporary Section 122 balance-of-payments surcharge to the new Section 301 tariff regime, effective from 24 July 2026, under which the additional tariff on Indian gem and jewellery (G&J) exports remain unchanged at 10%. The new tariff framework follows the conclusion of investigations
European Natural Diamonds Exempted from US Tariffs
Antwerp: Natural diamonds cut in Europe will once again be exempted from US import tariffs. This brings an end to the 10% import tariff that had been in effect for the past six months. The restored exemption is significant news for the Antwerp diamond sector: Antwerp is Europe’s leading diamond-cutting centre, and the United States is a major trading partner
