Hong Kong police arrested nine individuals, including eight men and one woman, for their alleged involvement in two farm burglaries in Tin Shui Wai. The total losses are estimated at over HK$2.7 million, including cash, watches, jewelry, and gold. Some stolen items have reportedly been pawned in Macau.
India's gems and jewellery exports dropped 2.49% year-over-year in May to $2.047 billion, driven by high gold prices and supply constraints, despite growth in studded gold jewellery, cut diamonds, lab-grown diamonds, and silver jewellery.
HIT researchers in China have developed a microwave plasma chemical vapour deposition (MPCVD) technology to grow high-purity, single crystal diamonds of any size. This breakthrough could provide China with an advantage in next-generation AI hardware due to diamonds' superior heat dissipation capabilities.
Jewellery worth HK$751,000 was stolen from a luxury home in Hong Kong after burglars broke into the master bedroom while the residents were dining downstairs. The incident occurred on Saturday night at a house in Fo Tan.
Former Spanish Prime Minister José Luis Rodríguez Zapatero is now under investigation for tax fraud and smuggling after luxury jewelry valued at €1.2m was found in his safe. The items, reportedly from Zambia or Thailand, are suspected of not having customs duties paid. This adds to an existing probe into alleged influence peddling.
Oura unveils Ring 5, a 40% smaller smart ring designed for sleep, stress, readiness, and heart health, as it moves toward an IPO later in 2026. Priced from £399 and £5.99/month, the company touts continued growth and a global footprint alongside new health software features.
Champion trainer John Size's rising star Sky Jewellery aims to climb the Hong Kong racing ladder in the Group Three Lion Rock Trophy, despite health concerns, while Size also fields strong contenders in other Group Three races.
Jockey Andrea Atzeni is optimistic about securing a Group Three double on Sunday with Sky Jewellery in the Lion Rock Trophy and Crimson Flash in the Sha Tin Vase. Sky Jewellery, trained by John Size, returns after a racing ban, while Crimson Flash seeks his fourth win this term.
Gold prices edged lower on May 22, 2026, with major jewellery brands like Tanishq, Joyalukkas, Kalyan Jewellers, and Malabar Gold & Diamonds reporting a Rs 40 per gram drop in 22K gold. The IBJA also noted declines across purities, while silver prices rose.
A 38-year-old woman and her 13-year-old son were found stabbed to death in their Govindpuri, Delhi home early Thursday. Police suspect a robbery gone wrong, as cash and jewelry were missing. A case has been registered, and teams are searching for the accused.
Trainer Frankie Lor is optimistic about his chances at Sha Tin on Sunday, with Joao Moreira and Zac Purton booked for several rides. Lor highlights key contenders like Everyone's Star and Run Run Sunrise, aiming for wins despite challenges like top weight and wide draws.
British Palestinians report feeling silenced and facing hostility due to their activism and identity related to the Gaza war. They fear professional repercussions and public judgment, while also experiencing grief over family suffering. Activists highlight solidarity from the British public and criticize media and government responses.
India's recent hike in import duty on gold and silver to 18.45% may initially reduce jewellery sales volumes, but demand is expected to remain strong due to gold's cultural and investment significance. Consumers may opt for lighter jewellery, while the government aims to conserve foreign exchange and boost domestic gold recycling.
Panic buying of bridal jewellery has started in India after PM Modi's call for austerity measures, with jewellers reporting a 15-20% increase in sales due to fears of higher import duties or GST on gold.
India's retail inflation rose to 3.48% in April, a one-year high, driven by higher food prices (4.20% CFPI) and broader household essential price pressures, with rural inflation outpacing urban areas.
India's jewellery industry urges against curbing gold purchases, emphasizing its cultural significance as savings and tradition. Instead, they propose enhanced gold recycling and domestic mobilization to ease foreign exchange pressure. This approach aims to protect millions of livelihoods tied to the sector, from artisans to small businesses, by circulating existing gold rather than stifling demand.
Facing a widening trade deficit, India's Prime Minister urges reduced gold purchases. Industry bodies propose tapping into the nation's vast household gold reserves. Their plan involves using refined household gold for domestic demand and channeling imported gold into jewellery exports via gold metal loans, aiming to boost working capital and cut imports.
Prime Minister Modi urged Indians to halt gold purchases for a year to protect foreign exchange reserves, a call supported by GTRI which highlighted a surge in gold imports straining the trade balance. Union Minister Ashwini Vaishnaw echoed the appeal, emphasizing reduced import spending amid Middle East conflict, leading to a sell-off in jewellery stocks.
Jewellery stocks saw a sharp decline on Monday. Prime Minister Narendra Modi appealed to citizens to reduce gold purchases. This call aims to preserve foreign exchange reserves. Major jewellery companies experienced significant drops in their share prices. Investors reacted quickly to the potential demand impact. Indian equities opened lower amid global concerns.
Fed up with their 32-year-old son's drug addiction and abuse, parents and his younger brother allegedly hired a contract killer for Rs 5 lakh to murder him. The mother even sold her jewellery for an advance payment. The son was found strangled to death and his body dumped in a canal.
A young man caused a stir at Ajmer Sharif Dargah on Sunday by allegedly jumping into the 'Badi Deg' cauldron, which contained cash and jewellery. Shrine staff intervened and pulled him out, with preliminary reports suggesting he may be mentally unstable. Authorities are investigating the incident captured on CCTV, with no major injuries reported.
Foreign Correspondent crosses India to see how marriage has become big business.
In a bizarre turn of events, two thieves, trapped by alert neighbours in Rourkela, dialled the police helpline for rescue. Fearing public assault after stealing jewellery from a house, the duo called 112 and their families. Police arrived, rescued them from the agitated crowd, and recovered the stolen ornaments. Both accused face criminal charges.
