Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
PGI Expects 50% Growth Rate in India: Pallavi Sharma
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
The Triangle Breaks Down: Both Metals Exit Consolidation to the Downside
This week (ended on 24th April, 2026) saw both gold and silver give back a meaningful portion of their recent gains, with the global macro backdrop supplying clear headwinds on multiple fronts simultaneously. The primary driver was the interplay between a rebounding US dollar, persistently elevated inflation expectations, and rising uncertainty around the FOMC meeting on April 28-29 — Powell’s final meeting as Fed chair before Kevin Warsh takes over on May 15. Metal This Week (Apr 24) Last Week
The Triangle Breaks Down: Both Metals Exit Consolidation to the Downside
This week (ended on 24th April, 2026) saw both gold and silver give back a meaningful portion of their recent gains, with the global macro backdrop supplying clear headwinds on multiple fronts simultaneously. The primary driver was the interplay between a rebounding US dollar, persistently elevated inflation expectations, and rising uncertainty around the FOMC meeting on April 28-29 — Powell’s final meeting as Fed chair before Kevin Warsh takes over on May 15. Metal This Week (Apr 24) Last Week
Top News
WDM Introduces Retailer Opinion Poll
Hong Kong: The World Diamond Mark (WDM) has released its WDM Retailer Opinion Poll, in an effort to determine what services retailer jewellers need most in their stores to advance generic diamond promotion to the consumer public. The poll, among others, asks retailers to rank the type of services they wish to access in the field of promotion, education, business
Gemfields Ruby Sale Fetches $44M
London: Gemfields said it is launching a campaign to market rubies from Mozambique after the company reported its largest sale to date for stones from the country’s Montepuez mine. The miner sold $44.3 million of rough rubies and corundum from Montepuez at an auction in Singapore from June 13 to 19, breaking a record of $43.3 million set in December
World’s Biggest Diamond Found in Botswana
Gaborone: A young man, just months into his apprenticeship at a mine uncovered the ‘diamond of the century’ which is now set to be auctioned for a record £50 million, reports DailyMail. Tiroyaone Mathaba, 27, said he ‘wanted to scream’ when he found the tennis-ball sized diamond in the Karowe mine in Botswana. It is the biggest find since 1905,
High Gold Price Deters Demand in India
Mumbai: A rally in gold has seen the precious metal hit two-year highs and this could slow gold offtake even if the country receives good rainfall as rising prices will deter gold purchase particularly in rural India that accounts for 60% of India’s annual gold consumption of 900-950 tonnes. Bullion traders say unless prices fall to Rs 28,000 per 10
WDM Introduces Retailer Opinion Poll
Hong Kong: The World Diamond Mark (WDM) has released its WDM Retailer Opinion Poll, in an effort to determine what services retailer jewellers need most in their stores to advance generic diamond promotion to the consumer public. The poll, among others, asks retailers to rank the type of services they wish to access in the field of promotion, education, business
Gemfields Ruby Sale Fetches $44M
London: Gemfields said it is launching a campaign to market rubies from Mozambique after the company reported its largest sale to date for stones from the country’s Montepuez mine. The miner sold $44.3 million of rough rubies and corundum from Montepuez at an auction in Singapore from June 13 to 19, breaking a record of $43.3 million set in December
World’s Biggest Diamond Found in Botswana
Gaborone: A young man, just months into his apprenticeship at a mine uncovered the ‘diamond of the century’ which is now set to be auctioned for a record £50 million, reports DailyMail. Tiroyaone Mathaba, 27, said he ‘wanted to scream’ when he found the tennis-ball sized diamond in the Karowe mine in Botswana. It is the biggest find since 1905,
High Gold Price Deters Demand in India
Mumbai: A rally in gold has seen the precious metal hit two-year highs and this could slow gold offtake even if the country receives good rainfall as rising prices will deter gold purchase particularly in rural India that accounts for 60% of India’s annual gold consumption of 900-950 tonnes. Bullion traders say unless prices fall to Rs 28,000 per 10
