We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Top News
Indian Hallmarking Centres Question WGC’s Data
New Delhi: Gold jewellery hallmarking centres in India have questioned the authenticity of World Gold Council (WGC)’s data on hallmarked jewellery in India, according to various media reports. Releasing a study, “Developing Indian Hallmarking – A roadmap for future growth”, on July 30, the WGC had said, “Since the introduction of hallmarking standard in 2000 by the Bureau of Indian
Zimbabwe Sets Up Diamond Cleaning Facility
Harare: According to Mines and Mining Development Minister Walter Chidhakwa, prices of local diamonds could increase 10-20% per carat as a result of a new system that requires them to be cleaned before auction, and the government has set up the Zimbabwe Boiling Facility to do just that. Not only will the new system improve the value of local diamonds,
BIS Amendment for Gold Hallmark Sought
Mumbai: The gold jewellery industry has urged the government to immediately pass amendment to BIS Act 1985 to follow proper hallmarking standard across the country, reports Indian Express. Indian Association of Hallmarking Centres, which represents 350 hallmarking centres across India, estimates that only 40% of jewellery is hallmarked in the country. “We urge the government to pass the Amendment to
PGI Targets 1000 Outlets in India by End of 2015
Mumbai: Popularity of platinum jewellery is growing on a fast track in India with the consumption crossing over 5 tons this year from about 400 kgs. in 2009. The India Manager of Platinum Guild Ms. Vaishali Banerjee told G2J “This is the right time for us (PGI) to be aggressive in our marketing approach and hence we recently restructured our
20 under 40: Celebrating the Next Generation of Leaders
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC)’s 20 Under Forty Awards celebrate exceptional young leaders shaping the gem and jewellery industry. The GJEPC recently opened nominations for the 2026 edition. Honorees will be recognized at IIJS Bharat – Premiere 2026, being held August 5–9 at the Jio World Convention Centre and August 6–10 at the Bombay Exhibition Centre
GJEPC Gears Up Industry for India–UK CETA Rollout
Mumbai: The implementation of the landmark India–UK Free Trade Agreement (FTA) on 15 July 2026 marks a transformative milestone for India’s gem and jewellery industry, opening the door to significantly greater market access, enhanced competitiveness and accelerated bilateral trade with one of its key export markets. With zero-duty access for nearly 99% of Indian exports to the UK, the agreement
Global Gold City Project Announced
Hyderabad: Goldsikka Limited, a Hyderabad based Company, has introduced the Global Gold City Project (GGC), a pioneering initiative to establish India’s first integrated gold ecosystem. This project will consolidate mining, refining, trading, manufacturing, and digital infrastructure into a single hub, positioning India as a global leader in the gold industry. The project’s main objective is to Build a world class gold
P N Gadgil Jewellers Reports Revenue Growth of 41% YoY
Mumbai: P N Gadgil Jewellers has recently announced its quarterly results. The Company delivered a strong performance in Q1 FY27, reporting robust revenue growth of 41% YoY. The Retail segment grew 56% YoY, with robust same-store sales growth (SSSG) of 46% YoY as the primary driver, indicating that the growth was substantially organic in nature, driven by deeper customer engagement
