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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Gem-A Gets JTV as Conference Platinum Sponsors

London: The Gemmological Association of Great Britain (Gem-A) has announced that the American jewellery TV giant, Jewelry Television (JTV) will be the Platinum Sponsor for its upcoming Conference 2015 incorporating the Federation for European Education in Gemmology’s (FEEG) 18th International Symposium of Gemmology, held at the Royal Institute of British Architects (RIBA) in Marylebone, London from 21–22 November 2015. Welcoming

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GIA Plans Melee Screening Service

Ramat Gan: The Gemological Institute of America (GIA) lab will soon have the ability to mass-screen smaller stones to check for synthetics, chief laboratory and research officer Thomas M. Moses said in a speech delivered Aug. 31 at the Israel Diamond Exchange. “Later this year, we will be taking delivery of our first high-speed screening [device] for small diamonds,” Moses

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‘Antwerp’s Most Brilliant’ Continues to Grow

Antwerp: In 2013, the City of Antwerp – in collaboration with AWDC, certification body KIWA, Ars Nobilis and FPS Economy – launched the Antwerp’s Most Brilliant (AMB) quality label. This label honors jewelers that continually go the extra yard to provide their customers a reliable and high quality product. Today we can confirm that the label is fully established. The

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AGTA Awards Adds New Category for Silver Jewelry

New York: The 2016 AGTA (American Gem Trade Association) Spectrum Awards will feature a new category highlighting silver jewelry. The new category, sponsored by the Silver Promotion Service (SPS), will be called Savor Silver and will honor “exceptionally designed silver jewelry incorporating natural colored gemstones or cultured pearls.” “The SPS is proud to become one of the sponsors of this

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CIBJO Warns Against ‘Fraudulent Representatives’

Milan: The World Jewellery Confederation (CIBJO) is issuing an urgent warning about individuals claiming to represent CIBJO or bodies directly affiliated with CIBJO, offering products and/or financial instruments endorsed by CIBJO. The existence of such claims was brought to CIBJO’s attention yesterday, May 24, 2026, which are similar to other claims reported to us in January of this year, when

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Inputs from GJEPC on GMS & CAD Reduction

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in reference to the meeting held on 22nd May 2026 with key industry associations, to deliberate on measures for reducing the Current Account Deficit (CAD), particularly in the context of gold imports and domestic gold mobilization, is coordinating with its members to formulate some suggestions on Gold Monetization Scheme (GMS) and

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GJEPC Joins Govt Delegation to Canada for CEPA Talks

New Delhi: Union Commerce & Industry Minister Mr. Piyush Goyal is leading a high-level Indian delegation to Canada from 25-27 May to advance discussions on the proposed India-Canada Comprehensive Economic Partnership Agreement (CEPA) and strengthen bilateral trade and investment ties. Mr. Anoop Mehta, Convener – Diamond Panel, GJEPC, is representing the Council as part of the Indian delegation accompanying the

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India Design Gallery at JCK Las Vegas 2026

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) presents the India Design Gallery at the 2026 JCK Las Vegas trade show. This exclusive gallery, located at Level 1 Lobby, will highlight some of the most exquisitely crafted jewellery pieces from India. Held from 29thMay to 1st June 2026, at the Venetian Expo | Indian Pavilion at Level 1 and

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