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QUOTE OF THE DAY - 23 May 2025

  

"LGD prices in the jewellery sector have fallen 90% at wholesale, tracking closer to a cost-plus model as they have diverged from natural diamond prices. Our drive to educate consumers about the difference between natural diamonds and LGDs has accelerated. The myth that you can’t tell the difference between a natural diamond and an LGD is beginning to shatter and DiamondProof’s influence is only going to grow."

Al Cook, CEO, De Beers Group

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QUOTE OF THE DAY - 21 May 2025

  

"After Akshaya Tritiya, the gold market remained dull as prices remained steep. But over the last week, we have seen consumers returning to the market as gold prices have dropped. Some are even placing orders for the wedding months of November and December as they fear that prices may shoot up if Trump imposes a reciprocal tariff after the 90-day window. Footfalls are increasing in tier-2 and tier-3 cities as well, according to reports trickling in from the jewellers. "

Surendra Mehta, National Secretary, IBJA

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GSI's Sri Lanka Educational Tour: Bridging the Gap between Academia and Industry

23-05-2025   7:00 PM

GSI’s CSP Students gained first-hand exposure to the mining ecosystem, bridging academic learning with real-world .. |  Read More

CIBJO President Gaetano Cavalieri receives ICA Lifetime Achievement Award

23-05-2025   1:20 PM

Dr Gaetano Cavalieri, President of CIBJO, World Jewellery Confederation, has received a Lifetime Achievement Award from .. |  Read More

De Beers Group committed to unlocking India's full diamond potential

23-05-2025   1:15 PM

De Beers Group CEO, Al Cook, doubles down on company’s support for the fast-growing Indian natural diamond jewellery .. |  Read More

Golden gateway: Indian jewels may lose lustre in US due to tariffs, but UK may

23-05-2025   1:10 PM

India’s gems and jewellery industry has a cloud on the horizon. The U.S., one of India’s biggest buyers, is .. |  Read More

TN Finance Minister urges RBI to reconsider new gold loan restrictions

23-05-2025   1:05 PM

Tamil Nadu Finance Minister Thangam Thennarasu has urged the Reserve Bank of India (RBI) to reconsider the new .. |  Read More

WHEN YOU’VE FOUND “THE ONE” SEAL IT WITH THE PLATINUM LOVE BANDS ‘THE

22-05-2025   9:00 AM

A rare metal meets a rare love in this curation of commitment-bands for the 2025 summer wedding season As the summer .. |  Read More

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