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
Top News
Diamond Production will be only 62 Mln. Ct. in '30
New York: The Global Research and Consultancy firm Frost & Sullivan´s report indicates shows that production of mined diamonds will diminish from the current level of around 125 million carats in 2015 to only 62 million carats in 2030. Whereas the annual demand for diamonds worldwide will reach 221 million carats by 2030. According to Madestones, the larger producer in
De Beers’ First Sight of 2016 Valued at $540 Mln
Gaborone: Anglo American plc has announced that De Beers’ first Sight of 2016 improved significantly to $540 million – more than double the final Sight of 2016, valued at $248 million. The company, in a press statement said that a number of factors influenced the increase in polished prices, including a positive US holiday retail season, lower levels of rough
CSR Came under Focus at Vicenzaoro
Milan: Corporate Social Responsibility strategy in the gemstone and jewellery sectors came under focus at a well-attended seminar conducted during the VICENZAORO January trade show, in Vicenza, Italy, on January 24. The seminar was part of CIBJO’s and Fiera di Vicenza’s joint programme to promote CSR education in the jewellery sector, and also was supported by Gemfields PLC, the world’s
KGK Expands its Horizon to Australia
Mumbai: The year 2016 has clocked in with good news for the KGK group as it adds another diamond and jewellery company to its portfolio- Ausdiam Pty Ltd., an Australia based company. There would be a change in the identity of the company and now it would be called KGK AUSDIAM PTY LTD., taking the global presence of KGK from
Registrations for CIBJO Congress Now Open
Milan: Registrations for the 2026 congress of the World Jewellery Confederation (CIBJO) via the dedicated congress website located at: www.cibjo.org/congress-2026/ are now open. The congress will take place in Vicenza, Italy, from Friday, September 4, 2026, through Monday, September 7, 2026. The milestone event has been declared the Centenary Congress, and it will mark 100 years since CIBJO’s establishment in 1926.
World Diamond Congress from 12 to 15th July in Singapore
Singapore: As the Organizing Committee of the 41st World Diamond Congress (WDC) is finalizing the preparations for World Diamond Congress to be held for the second time in the Island City. The Congress venue has been moved from Marina Bay Sands to the iconic, eco-chic PARKROYAL COLLECTION Marina Bay hotel . “This venue offers a more intimate, sophisticated, and beautifully sustainable setting for our
India-Oman CEPA Comes Into Force
Muscat: The India-Oman Comprehensive Economic Partnership Agreement (CEPA) has come into force on 1 June 2026, ushering in a new phase in bilateral trade relations and creating fresh export opportunities across sectors including gems and jewellery, engineering goods, textiles, agriculture, pharmaceuticals and services. Signed on 18 December 2025 following negotiations launched in November 2023, the agreement grants India duty-free market
More Indian Women are Choosing Natural Diamonds
Mumbai: The domestic natural diamond jewellery market continues to witness strong growth momentum, with the country emerging as the world’s second-largest diamond jewellery market. India contributes 12% of global diamond jewellery demand, up from 10% in 2019, surpassing both China and Japan. According to a recent study, ownership of natural diamond jewellery among Indian women has increased from 11% in
