Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors

Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly

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Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors

Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly

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Vasant Mehta, Illustrious Leader of G&J Industry Dies

Mumbai: The Indian gem and jewellery industry has lost one of its most respected statesmen. Vasant Mehta, former Chairman of the Gem & Jewellery Export Promotion Council (GJEPC), passed away today, leaving behind a remarkable legacy built over several decades of dedicated service to the industry. A second-generation diamantaire, Mehta graduated from Calcutta University and moved to Mumbai in 1966,

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BSM Brazil 2027 Returns to São Paulo with Expanded International Presence

São Paulo, Brazil: Following the remarkable success of its previous editions, Buyer Seller Meeting (BSM Brazil) will return to São Paulo in April 2027, further strengthening its position as Latin America’s premier international B2B event for the diamond, gemstone, jewelry and precious metals industries. Organized with the mission of connecting qualified buyers and leading international suppliers, BSM Brazil 2027 will welcome an even larger number

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Israel’s Diamond Industry Under Severe Pressure

Mumbai: Israel’s once-prominent diamond industry is facing one of the most difficult periods in its history, with veteran traders reportedly leaving the business and searching for alternative livelihoods. A recent report by Ynetnews has highlighted the depth of the crisis at the Israel Diamond Exchange in Ramat Gan, traditionally one of the world’s important diamond trading centres. According to veteran

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‘Advanced Leadership Programme in Gold Entrepreneurship’

Mumbai: The Indian Association for Gold Excellence and Standards (IAGES), announced the launch of the Advanced Leadership Programme in Gold Entrepreneurship, developed jointly with SPJIMR (Bharatiya Vidya Bhavan’s S. P. Jain Institute of Management & Research). The six-month executive programme is designed to build a new generation of professionally trained leaders for India’s gold and jewellery industry, combining SPJIMR’s academic

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GTL Achieves Big Growth

 Mumbai: The Gem and Jewellery Export Promotion Council’s Gem Testing Laboratory (GTL) at Jaipur showed a 40% growth in its performance in April – September 2014 compared to 15% growth in the same period last year. Being founded under the aegis of the Council (GJEPC), GTL has scored over their performance last year on account of constant upgrading of technology

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GJEPC Insists again to Introduce Presumptive Tax

Mumbai: A 15-member delegation of India’s Gem & Jewellery Export Promotion Council (GJEPC)  officials and industry members, led by GJEPC Chairman Vipul Shah, met Hon’ble Mr. Saurabh Patel, Finance Minister, Government of Gujarat, on Sunday November 16th. One of the important issue discussed among others was that of presumptive taxation. For long now, the diamond industry of the country has

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'Hand-Holding Makes Relationships Stronger'

New York: Americans believe hand-holding makes relationships stronger, according to a survey conducted by Forevermark as part of its Hold My Hand Forever campaign. The company launched the campaign in October, encouraging couples to share their hand-holding moments on Twitter, Facebook, and Instagram using the #HoldMyHandForever hashtag. The survey found that 94 percent of Americans in a committed relationship believe

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Zimbabwe Govt. Shuts Down 11 Gold Mines

Harare: Government has temporarily shut down 11 gold mining companies for non-compliance with mining regulations in a drastic measure to curb gold leakages and increase deliveries. Gold leakages have been cited as a major contributor to the decline in gold sales from 27 tonnes in 1999 to 12 tonnes per year now. Government’s target is to raise gold production levels

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