The European Commission has sanctioned €81 million in Spanish state aid to support Diamond Foundry Europe in establishing a semiconductor-grade synthetic diamond production facility in Trujillo, Extremadura, Spain. The new factory, valued…

The London Bullion Market Association (LBMA) said that two refineries have been added to its Good Delivery Lists. Shenzhen Yuexin Precious Metals Co., Ltd. has been added to the Gold Good Delivery…

The head of the World Jewellery Confederation (CIBJO) has blamed infighting within the industry for a decline in consumer confidence towards jewellery. Dr. Gaetano Cavalieri, CIBJO President, addressed the opening session of…

Alrosa, a major global diamond producer, has announced a 4.6% decrease in its 2024 diamond output, totalling 33 million carats, according to Reuters. This follows a 2.8% production cut in 2023 to…

A significant milestone for the gem and jewellery industry in Amritsar was marked on Wednesday, 18th December 2024, with the organisation of a mega export awareness seminar. The event, hosted by the…

GJEPC organised the IIJS Signature 2025 “Chintan Baithak” at its Regional Office in Jhandewalan, New Delhi on 17th December. The session, led by Mr. Sanjeev Bhatia, Regional Director – North, GJEPC, aimed…

The World Gold Council’s (WGC’s) latest report, Gold Outlook 2025, forecasts a nuanced year for gold, following its best annual performance in over a decade in 2024. Surging 28% year-to-date, gold achieved…

Watches of Switzerland (WoS) has reported robust results in the first half of FY25, highlighting the significant impact of its acquisition of Roberto Coin Inc. Since acquiring exclusive distribution rights for the…

A surge of last-minute holiday shoppers is expected this Super Saturday, the final Saturday before Christmas. According to a new survey by the National Retail Federation (NRF) and Prosper Insights & Analytics,…