ShowBuzz
World Diamond Congress 2026 to be heldin Singapore, July 12-15, 2026
The next World Diamond Congress, a joint assembly of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), will be held July 12-15, 2026, at the Sands Expo & Convention Centre.

“We are excited to hold this pivotal industry gathering once again in Singapore,” Fabio Cascapera, President of the Diamond Exchange of Singapore (DES), and Chairman of the WDC 2026 Organising Committee, said. “Since the 1988 World Diamond Congress held in Singapore 37 years ago, our industry has gone through a myriad of developments and transformations, but one thing has not changed: diamonds remain one of the top luxury products desired and cherished by consumers of all cultural backgrounds and ages,” he stated.
“During the past few decades, the pan-Asian consumer markets have blossomed, making diamonds, coloured gemstones, and gem-set jewellery highly desired by the middle classes. The growing demand for luxury emerged not only in China and India, but also in Malaysia, Indonesia, Vietnam, and the Philippines,” said Suresh Hathiramani, a former DES President and Organising Committee member.

“Of course, we specifically anticipate welcoming our colleagues from the African continent, where most gem diamonds are mined, and exploring the synergies between the African and Asian diamond industry and trade. We intend to make the upcoming Congress an exciting and fruitful platform where we all can learn about new opportunities and foster new business ties,” he added.
National News
Gold & Precious Metals – A future outlook
The session saw a power packed panel of experts that comprisedSurendra Mehta, National Secretary- IBJA,Ranjith Singh,Head of Business Development, IIBX, Shweta Dhanak, Director – Vijay Exports,S Thirupathi Rajan, MD Goldsmith Academy, Shivanshu Mehta, SVP & Head Bullion-MCX.The session was moderated by Chirag Seth, Principal Consultant, Metals Focus.
Some salient points made by the panelists:
- Gold prices are not linked to consumer demand. They are linked to central bank buying and ETFs
- Till the banking system doesn’t collapse, gold price will continue to rise


- Jewellers were advised to use a mix of futures and options for risk mitigation


- Given the current situation manufacturers selling on credit or unfavorable deals could be fatal flaw for business.
- Precious metals forecast: Surendra Mehta said he sees gold in 2026 in $4900-5100 range and silver in $90-105.Looking further he said by 2030-2035 gold could touch $18000- 20000 and silver could reach $500. Chirag Seth predicted silver touching $105 this year and gold moving in the $ 5200- $ 5500.
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