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 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
Top News
India Takes First Step to Commence Rough Trading
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) and Bharat Diamond Bourse (BDB) launched the India Diamond Trading Centre marking a significant milestone in PM Modi’s ‘Make in India’ campaign to promote India as a global diamond-trading hub. Chief Guest, Mrs. Nirmala Sitharaman, Hon’ble Minister of State (Independent Charge) for Commerce & Industry, Govt. of India inaugurated the Centre
Now De Beers Closing Diamond Mine in Botswana
Gaborone: Botswana’s diamond mining giant, Debswana, is closing its Damtshaa mine, and will scale down production at Orapa No.1 operation for the next three years as it battles a continued downturn in the global diamond market, local paper Southern Times reports. The company, a 50/50 joint venture between De Beers and the Botswana Government had forecast production of 22 million
Zimbabwe Starts Work on Diamond Bourse
Bulawayo: The Minerals Marketing Corporation of Zimbabwe (MMCZ) has started work to set up the first ever diamond bourse in the country, reports The Southern Times. The company has called for consultancy work on the multi-million dollar project. Zimbabwe had planned to establish a diamond exchange by end of the first half of 2015, but however the target could not
India Lowers GDP Growth Forecast to 7-7.5%
New Delhi: India is expected to grow by 7-7.5% in 2015-16, slower than the previous estimate of 8.1-8.5% as weak exports, sluggish farm sector and private investment weighed on faster expansion, the government’s mid-year review showed on Friday. In the Economic Survey of 2014-15, the finance ministry had forecast a growth of 8.1-8.5% for the current fiscal which ends in
Diwali Edition of GJS Opens in Mumbai
Mumbai: The India Gem & Jewellery Show (GJS2025) – Diwali Edition officially opened yesterday with a grand inauguration ceremony at the Jio World Convention Centre, Mumbai. The prestigious event was inaugurated by Chief Minister of Maharashtra, Mr. Devendra Fadnavis who attended the #HamaraApnaShow as Chief Guest, marking a proud moment for the Indian gem and jewellery industry. Also graced by
Augmont Receives Promising Gold Bullion Refiner Award
Mumbai: Augmont Enterprises Ltd., one of India’s established gold platforms, has been recognized with the prestigious “Promising Gold Bullion Refiner (All India)” award at the India Gold Conference (IGC) 2025. This recognition reflects the company’s role in contributing to the evolving bullion industry. At the conference, Mr. Ketan Kothari, Director at Augmont, was presented with the IGC Excellence Award 2025:
Take Blood Donation Pledge on Jeweller’s Day
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is calling upon every citizen to take a Blood Donation Pledge on Jeweller’s Day and actively participate in blood donation drives that will follow, in honour of the skilled craftsmen who are the backbone of India’s gem and jewellery industry. This initiative reflects the industry’s deep commitment to social responsibility and
Elton John Reveals Golden Moments of His Life
Mumbai: The World Gold Council (WGC) has unveiled a new documentary, ‘Touched by Gold’, a powerful exploration of gold’s enduring influence on culture, creativity, and society, told through the voice and life stories of Elton John. Touched by Gold charts his pervasive connection to gold, granting audiences an exclusive look at his personal archive and revealing the intimate ways gold
