GJ Town India

  Drop in Rupee adds to gold’s role of value for Indian buyers   Upon falling of India’s rupee, Colin Shah, MD, Kama Jewelry submit on the impact of INR hitting low and its impact on Indian gems & jewellery exports. He said, the depreciation of the Rupee over the long term is not an abrupt situation for the gold and jewellery sector.  The value of the Rupee moved from 30 per dollar in the early 1990s, progressing past 60 to 90+ in 2013. But the fall from around 60 to over 90 in the last decade is an abrupt turn of events.    Since gold is dollar-indexed, the fall of the Rupee increases the landed costs, reduces the profitability, and increases the working capital requirements.  This downtick in the peak of holiday season in the international markets comes a mild blow to Indian gems & jewellery exports. Contrastingly in the domestic market, this is further adding to gold’s role of value for Indian consumers.    The Indian ex...

  Time to Address Digital Jewellery Trade: UK Assay Offices    Open letter urges consultation to modernise the Hallmarking Act 1973 and strengthen consumer protection in online marketplaces!    In a unified appeal to policymakers, the four UK Assay Offices—Birmingham, Edinburgh, London and Sheffield—supported by the National Association of Jewellers (NAJ), have sounded a clear warning: the UK’s hallmarking legislation is no longer fit for purpose in a rapidly evolving digital retail landscape.    Through a formal open letter, the Assay Offices underline that hallmarking remains one of the most trusted safeguards for consumers purchasing precious metal jewellery. However, they argue that the Hallmarking Act 1973, drafted long before e-commerce, social media selling and global online marketplaces became mainstream, is struggling to regulate how jewellery is bought and sold.   The letter highlights a growing regulatory gap, where sign...

  Award 2025 for excellence in surveillance practices   Bharat Diamond Bourse (BDB), the world’s largest diamond trading hub, has been awarded the Excellence in Surveillance Award at the prestigious IFSEC India Awards 2025, in recognition of its outstanding leadership in security management and advanced surveillance practices.   The IFSEC India Awards are among the most respected recognitions in the security and safety industry, celebrating organizations that demonstrate innovation, operational excellence, and a strong commitment to safeguarding people and assets. This accolade highlights Bharat Diamond Bourse’s unwavering focus on creating a secure, resilient, and technology-driven environment for the global diamond trade. Bharat Diamond Bourse complex is the largest trading hub in the world with high-value commercial ecosystems. Its comprehensive surveillance framework integrates state-of-the-art video surveillance systems, intelligent video analytics, access c...

  Bringing NDs to silver for the first time in India    CaratLane - A Tata Product, India’s leading omnichannel jewellery brand, continues to redefine accessible luxury with the recent launch of Shaya Diamonds - a first-of-its-kind in the category featuring Natural Diamond [ND]s set in 925 silver.    With this launch, CaratLane bridges a long-standing gap in the jewellery market. For the first time, customers can experience the brilliance of natural diamonds paired with the wearability, versatility, and affordability of silver. Prices start at just ₹5,000, making it a perfect choice for gifting or for those taking their first step into the world of diamonds.  At a time when gold prices are at an all-time high, Shaya Diamonds offers a refreshing alternative - light on the pocket, heavy on design, and finished with the signature white gold-like look that defines CaratLane’s contemporary aesthetic.    Saumen Bhaumik, Managing Director, CaratL...

  Gold jumped 3% and silver prices bounced at 6%    In the weekly [December 8 to 13 December 2025 week] review Dr. Renisha Chainani, Head- Research, Augmont viewed, Precious Metals that touch a record high price amid easing monetary policy! The review said, gold and silver prices reached record highs last week, jumping 3% and 6%, respectively, as the FED cut interest rates last week and the BOE is expected to cut this week.    ECB is expected to take a pause, while BOJ is expected to raise interest rates. Gold discounts expanded in India this week as demand plummeted despite the wedding season, after prices reached record highs, while Chinese demand remained quiet due to volatility and high spot prices.    The increase in Silver to the Rs 2lakh level has been fueled by tightening stocks, strong industrial demand, and the metal's inclusion on the US key minerals list. Demand has been especially robust in the solar, electric vehicle, and dat...

  Nearly 130 seasoned experts gathered at the iconic venue!   In a vibrant confluence of security, cyber, and risk management professionals, the ASIS International Mumbai Chapter successfully hosted its Annual General Meeting and Chapter Meet 2025 at Bharat Diamond Bourse, biggest diamond exchange in the world in Mumbai.   The event drew an impressive gathering of nearly 130 seasoned experts and rising leaders from across the industry, transforming the iconic venue into a dynamic hub of strategic dialogue, professional camaraderie, and forward-looking governance.   A key highlight was the keynote address by D. Sivanandhan, former Commissioner of Police, Mumbai, former Director General of Police, Maharashtra, and founder of the Roti Bank initiative. Speaking on “Public-Police Partnership: A Strategic Imperative for Crisis Management & Business Continuity,” he delivered an impactful presentation that drew from his recently released book. His insights on...

  New kimberlite AI discoveries are a cornerstone for BoD   In the latest annual report, Botswana Diamonds [BoD] plc said about their new kimberlite discoveries with the  integration of artificial intelligence (AI). The initial AI analysis identified multiple new kimberlite anomalies that had never before been recorded.    Four new diamond PLs were granted over high-priority targets, including the exceptionally promising Jwaneng South-West zone, where historical samples included abraded diamonds—an indicator of potential high-value sources nearby. These new licences reflect not only the strength of our targeting but also the enduring geological potential of Botswana’s diamond fields.    By focussing on South Africa’s mining of BoD, the report said, Marsfontein demonstrated strong potential, supported by historically exceptional grades and favourable near-surface geology. Reivilo provides an attractive kimberlite cluster opportunity, secured via a Data...

  Interaction with Deependra Singh hosted by BDB & GJEPC   Exclusive Interaction with Deependra Singh Kushwah (IAS) Highlights Govt. of Maharashtra Gems & Jewellery Policy 2025 Hosted by Bharat Diamond Bourse (BDB) and GJEPC!   Bharat Diamond Bourse (BDB), in association with the Gem & Jewellery Export Promotion Council (GJEPC), successfully organized an exclusive awareness and outreach session on the Maharashtra Gems & Jewellery (GJ) Policy 2025.  The event featured an engaging and insightful interaction with Deependra Singh Kushwah (IAS), Development Commissioner (Industries), Government of Maharashtra whose forward-looking perspective offered industry stakeholders a comprehensive understanding of the policy’s objectives, benefits, and long-term implications for Maharashtra’s gem and jewellery sector.    The session commenced with Mehul Shah, Vice president of BDB, warmly welcoming the esteemed guest and attendees. He highlighted t...

  Hammered sale achieves $46.5 million on 10 December    Christies Luxury Week continued with Magnificent Jewels on 10 December at Rockefeller Center. The sale achieved a total of $46.5 million and was 95% sold by lot.     Tourmaline proved to be the surprise star of the sale, achieving the highest prices for the day including a world record price for a Paraiba tourmaline. Leading the results was a magnificent Tiffany & Co. Tourmaline and Diamond Necklace from the Collection of Max and Cecile Draime, which, after spirited bidding in the room, online, and on the phones, hammered at $4,223,000—soaring to ten times its low estimate.    Immediately following, a matching Pair of Fine Tiffany & Co. Tourmaline and Diamond Earrings, also from the Draime Collection, realized $1,270,000, likewise exceeding ten times their estimate. Together, these exceptional jewels underscored the extraordinary demand for rare tourmaline creations and m...

  Redesigned services added for colored stones   GIA, the Gemological Institute of America, will launch redesigned colored stone reports and new services on January 1, 2026. The new reports will feature an elevated design for enhanced storytelling, and expanded origin-determination services.   The new colored stone reports will highlight the most relevant gemological information, making it easy for the trade and consumers to grasp the unique characteristics that bring each gem’s story to life.  GIA will also offer origin-determination services for opal, peridot and demantoid garnet, adding to the existing country-of-origin services for alexandrite, emerald, Paraíba tourmaline, red spinel, ruby and sapphire, and the more recent country-of-origin determination for untreated jadeite jade and omphacite jade from Myanmar (Burma) or Guatemala.    “Our expanded services are based on GIA’s extensive research and collection of 32,000 samples collected by GI...

  BoD’s mining is becoming a modern exploration firm   Recently Botswana Diamonds plc (BoD) announced its audited annual results for the year ended 30 June 2025. The result report said, in 2025, Botswana Diamonds made a significant shift in our strategic positioning as a mining company.   For over two decades, Botswana Diamonds has been known for its disciplined, technically focused diamond exploration across Southern Africa. While diamonds remain central to our identity and core strengths, BoD have responded to fundamental changes in the diamond market by diversifying into critical minerals.   This evolution arises not from abandoning our roots, but from leveraging them. Botswana remains underexplored for many commodities, despite its exceptional mining code, political stability, and extensive geological database.   Our longstanding presence, coupled with deep operational expertise and proprietary knowledge, positions us uniquely to capitalise o...

  Expands across key technology sectors    Silver’s superior electrical and thermal conductivity properties are increasingly essential to the technological transformation driving the global economy. As a result, global silver industrial demand is poised to grow further as demand from vital technology sectors accelerates over the next five years.    Sectors such as solar energy (PV), automotive electric vehicles (EVs) and their infrastructure, and data centers and artificial intelligence (AI) will drive industrial demand higher through 2030.      According to a new report released by the Silver Institute, silver will remain an essential component across multiple high-growth sectors as industries race to embrace digital innovation and meet clean energy mandates.  The report, Silver, The Next Generation Metal, was researched and produced by London-based Oxford Economics, a leading independent economic advisory and consultancy.  ...

  Global diamond demand remains uneven in 2025    Recently in the second week of December 2025, John Teeling, Chairman, Botswana Diamonds [BoD] reviewed diamond market at the occasion of announcing their, Annual Results for the Year Ended 30 June 2025. He said, I am pleased to present the Chairman’s Statement for the year ended 30th June 2025.    This has been a very difficult year for the diamond industry but a year of significant progress for Botswana Diamonds plc, characterised by strategic expansion, the adoption of advanced technologies, and the strengthening of our asset base across both diamond and critical metal exploration. We enter the next phase of our development with renewed confidence, a broader portfolio, and a roadmap for value creation.    Under the Market Overview, he said, the Global diamond industry experienced another challenging year, characterised by muted consumer spending and continued uncertainty in several major ...