We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
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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
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India Govt. Releases Special BDB Postal Stamp
Bharat Diamond Bourse (BDB), the world’s largest diamond trading exchange, proudly marks a dual milestone this year; 41 years since its incorporation and 15 glorious years of successful operations at its iconic Bandra Kurla Complex premises since 17th October 2010. To commemorate this milestone, the Department of Posts, Government of India, released a special BDB Postal Stamp recognizing the Bourse’s outstanding contribution to India’s diamond industry and global trade excellence. The
Sky Gold & Diamonds Strengthens Mangalsutra Business with Strategic Acquisition
Mumbai: Sky Gold & Diamonds Ltd., manufacturer and exporter of gold and diamond jewellery, recently announced that its wholly owned subsidiary, Starmangalsutra Pvt. Ltd., has entered into an non binding term sheet to acquire a majority stake in Shri Rishab Gold, a reputed Mumbai-based jewellery firm. The partnership marks a significant step in Sky Gold & Diamonds’ strategy to establish
Pre CIBJO Congress Report Focuses on AI
Milan: With a couple of days to go to the opening of the 2025 CIBJO Congress in Paris, France, on October 27, 2025, the tenth and the final of the pre-congress Special Reports has been released. Prepared by the CIBJO Technology Committee, chaired by Stéphane Fischler, the report focuses exclusively on artificial intelligence, looking at ways in which the greater jewellery
De Beers Brings Diamonds & Glamour to London
Mumbai: Insiders suggest a star-studded journey to London might be on the cards. But why London? Beyond its glittering reputation as a global hub for jewellery and fashion, whispers point to something far more dazzling — De Beers is set to host a major showcase in the city. This year, De Beers Group makes its grand debut at Frieze London,
GJSCI Aiming to ‘Skill India’, Launches RPL Program
Mumbai: Gems & Jewellery Skill Council of India Launched the RPL Program (Recognition of Prior Learning) as the first step to uplift the Karigars in the Gems & Jewellery Sector along with an awareness Ad Film during a conference at Indian Merchants Chamber in presence of Industry Thought leaders like Prem Kumar Kothari, Chairman, GJSCI, Binit Bhatt, COO, GJSCI, Vijay
Sotheby’s to Auction Lucara’s 1,109 Ct Diamond
London: Sotheby’s has announced that Lucara Diamond Corp has selected it to auction the 1,109-carat Lesedi La Rona diamond – the second-largest ever recovered, according to a report on cbc.ca. The auctioneer said that the sale, which is planned to take place on June 29 in London, could potentially realize as much as $70 million. “Not only is the rough
Blue Fancy Color Diamond Prices up 1.7% in Q1 '16
New York: The Fancy Color Diamond Index for the first quarter of 2016 showed fancy blue diamond prices rising by 1.7%. During the same period, fancy yellow diamonds saw price declines of 1.8%, while fancy pink diamonds saw a 0.3% price increase. Overall prices in the fancy color diamond category remained largely unchanged for the period. In comparison, according to
KSS Ltd. Enters in Jewellery Retail Business
Mumbai: KSS Limited, listed at BSE, NSE and Luxembourg Stock Exchange today announced its entry in the jewellery retail business with the launch of ‘Bjewelz’ under its wholly owned subsidiary Birla Jewels Ltd. With the first outlet slated to open in Patna, the company is bullish on its expansion plan of launching 500 outlets across the length and breadth of
