GJ Town India

  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 ...

  Weekly insights from the WGC reveal strong gold performance   Recently, World Gold Council [WGC] published Weekly [December 1 to 5 December, week] Markets Monitor.  Its key review highlights said, 1: Gold extended its strength: the LBMA Gold Price PM rose 1.2% w/w to US$4,243/oz, stretching the y-t-d gain to an impressive 63%. 2: Support from declining FX opportunity costs (+0.7%) outweighed pressure from rising yields, (-0.3%) and slowing gold ETF inflows (-0.1%), lifting gold up last week.    3: Global investors continued to be net buyers of gold ETFs – albeit at a slower pace – and their gold options’ bullish exposure also pulled back. 4: Gold needs to see a sustained move above resistance at US$4,245/oz to complete a triangle, continuation pattern for a resumption of its core uptrend.    The last week review for the US suggests, service sector strength, manufacturing weakness, and mixed signals from jobs market. Manufacturing and services activi...