We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
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
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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Angola, U.S. Pledge to Enforce KP Core Principles
New York: Angola and the United States have pledged to work together to enforce the core principles of the Kimberley Process (KP) to ensure that diamond revenues do not contribute to violence, but instead to peace and prosperity. Angola was the current KP chair. “The United States reaffirmed its support for Angola’s chairmanship of the Kimberley Process,” reads a joint
HK’s Jewellery Sales Dip 16.3% in Dec 2014
Hong Kong: Retail sales of jewellery, watches and clocks, and valuable gifts in Hong Kong dropped 16.3 percent in December last year to HK$9.6 billion ($1.23 billion) compared with the same period in 2013, according to the Census and Statistics Department of Hong Kong. Year-on-year accumulative retail sales of this sector dipped 13.7 percent to HK$102.09 billion ($13.2 billion) from
India Reclaims Top Spot as Gold Consumer
Mumbai: India is back to being the number one consumer of gold, knocking China off the top of the podium as the country that consumed the most bullion in the form of gold bars, coins and jewelry, in 2014. The latest update of the annual study by GFMS of world gold supply and demand found that sliding demand from China
Registration for IDW Surpasses 300
Ramat Gan: Registration of foreign buyers for the upcoming winter edition of the International Diamond Week (IDW) in Israel has surpassed the 300 mark and is expected to rise well beyond 400 ahead of the opening of the five-day event on February 8, the IDW Organizing Committee announced. “We have surpassed the 300 mark and ultimately expect to welcome more
GJEPC Participated in Mega MSME Sammelan
Lucknow: India’s Gem & Jewellery Export Promotion Council (GJEPC) participated in the Mega MSME Sammelan 2025, organised by ASSOCHAM in Lucknow on 26-27 June to mark MSME Day. The event celebrated the contributions of MSMEs to India’s economy and exports and explored ways to strengthen their growth. Mr. Antarpal Singh Sawhney, Regional Chairman (North), GJEPC, addressed the gathering, highlighting the
GJEPC Highlights FTA Potential for Jewellery Sector
Jaipur: At the ‘Growing Opportunities from Free Trade Agreements – An Industry Perspective’ workshop held on 24 June in Jaipur, Mr. Sabyasachi Ray, Executive Director, GJEPC, delivered an impactful address on how Free Trade Agreements (FTAs) are poised to reshape the future of India’s gem and jewellery exports. Organised by the Confederation of Indian Industry (CII) along with the Centre
PGI Held Season of Love Awards Ceremony in Kochi
Kochi: Building on the momentum of its previous editions, Platinum Guild International (PGI)- India marked the successful culmination of the 7th edition of its flagship retail initiative, Platinum Season of Love, with a celebratory awards ceremony in Kochi. The Platinum Season of Love Awards 2025 were hosted as part of the annual Platinum Buyer-Seller Meet, PGI India’s premier industry platform. The event brought together leading
Kirit Bhansali Graces KJIF 2025 as Chief Guest
Kochi: Mr. Kirit Bhansali, Chairman of India’s Gem & Jewellery Export Promotion Council (GJEPC) was invited as the Chief Guest at the inauguration of the Kerala Jewellery International Fair (KJIF) 2025, held at the Adlux International Exhibition & Convention Centre, Angamaly, Kochi, on 27th June 2025. Organized by the Kerala Gold & Silver Merchants Association and United Exhibitions, KJIF is
