A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down

Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the

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A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down

Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the

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Senco Gold with Olocker Provide Jewellery Insurance

Mumbai: Senco Gold & Diamonds has partnered with Olocker, India’s first dedicated jewellery insurance platform, to offer free jewellery insurance to its customers, protecting purchases against risks such as snatching, robbery, and housebreaking. On the surface, it’s a simple value-add: buy jewellery from Senco, get it insured, at no extra cost. But the thinking behind it is more personal —

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CIBJO Centenary Congress Calls for Standards, Sustainability & Consumer Confidence

Vicenza: The 2026 CIBJO Centenary Congress opened in Vicenza with welcome addresses from Italian government and industry leaders, who congratulated the World Jewellery Confederation on its first 100 years and highlighted the importance of standards, sustainability and consumer confidence to the global gems and jewellery industry. The congress, being held at the Fiera di Vicenza during the VICENZAORO jewellery show,

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Empower Africa to Host 9th Peace Diamond Trade Mission

Freetown (Sierra Leone): Empower Africa will welcome an international delegation of diamond and jewelry professionals to Sierra Leone for the 9th Peace Diamond Trade Mission, October 11–16, 2026, reconnecting the global diamond industry with the people and communities at the source of the natural diamond supply chain. The six-day mission will bring together diamantaires,manufacturers, retailers, designers, traders, mining professionals, investors,

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Belgian PM Visited Bharat Diamond Diamond Bourse

Mumbai: Bharat Diamond Bourse (BDB), on behalf of the entire Indian diamond industry, was honoured to welcome H.E. Mr. Bart De Wever, Prime Minister of the Kingdom of Belgium and his official delegation on their visit to the Bourse at BKC, Mumbai, yesterday. It marked a historic new milestone in the over 100-year partnership between the diamond industries of the

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National Task Force Formed on Hallmarking

New Delhi: The National Task force was formed out of 350 Associations / Federations representing East, West, central, North and South zones of the entire Gems & Jewellery Industry.  The objective of this committee is to ensure a smooth implementation of mandatory hallmarking across the country. Honourable Minister of Consumer Affairs, Mr. Piyush Goyal, virtually met the industry on 24th May

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Vaccination Camp for Daily Wage Diamond Assorters

Mumbai: The ‘Chuttak’ Assorters are the ‘daily wage’ community who play an important role in the Diamond trade. While Bharat Diamond Bourse (BDB) has been successful in providing vaccination facility to fight COVID 19 to all its members as well as Gem and Jewellery Industry members from outside the complex, the bourse committee has gone ahead and decided to vaccinate

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6th Mubri World Meeting : Together We Shine More

Mumbai: In 2020 Mubri International Jeweler´s Association became the Jewelers Association with the highest number of members worldwide. In 2021, despite the economic challenges in the world and in the sector, the initiative remains stronger Mubri started the journey in 2016 primarily supporting the advancement and professional development of women. In 2019, after the Association’s rapid growth, men began to

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IIJS Premiere to be Organized in Bengaluru this Year

Mumbai: The Gem & Jewellery Export Promotion Council’s (GJEPC) flagship trade show, the India International Jewellery Show (IIJS) Premiere 2021, is being organised in physical form for the first time after the onset of the COVID-19 pandemic – from September 15 to 19, 2021. It will also be the first time that the show will be held outside Mumbai, in Bengaluru at the Bangalore

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