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

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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

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Registrations Open for JGW Hong Kong

Hong Kong: Buyer pre-registration for Jewellery & Gem WORLD Hong Kong (JGW) – the world’s No. 1 jewellery sourcing destination – is now open, show organiser Informa Markets Jewellery announced today. Trade buyers may pre-register until 7 September to experience six specialised B2B sourcing experiences across two premier locations spread out over seven days. From 15 to 19 September, the

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Jewellery Hand Carriage Facilitation Centre Opened at Mumbai Airport

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in collaboration with Mumbai Customs, formally inaugurated the Jewellery Hand Carriage Facilitation Centre at Chhatrapati Shivaji Maharaj International Airport (CSMIA), Terminal 2, on 16th July 2025. The facilitation centre was inaugurated by Mr. Surjit Bhujbal, Member Customs, CBIC, in the presence of Mrs. Prachi Saroop, Principal Chief Commissioner, Mr. Alok Jha,

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Despite Challenges, Gold is Well Positioned

Mumbai: Gold entered the second half of 2025 following an exceptionally strong performance in the first six months of the year, with prices rising 26%. This surge was driven by a weaker US dollar, ongoing geopolitical tensions, strong investor interest, and sustained central bank buying, according to the World Gold Council’s (WGC) mid-year outlook released on Tuesday, July 15. While

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GJEPC Targets Saudi Arabia to Expand G&J Exports

Jeddah: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem and jewellery trade in India, with the support of the Ministry of Commerce & Industry, Government of India; the Embassy of India in Riyadh; the Consulate General of India in Jeddah; and the Dubai Jewellery Group, successfully launched SAJEX – The Saudi Arabia Jewellery Exposition

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GJC Seeks Customs Duty Reduction in Budget

Mumbai: All India Gem & Jewellery Domestic Council (GJC), a national apex body for the gems & jewellery industry, has urged the Union Finance Minister Nirmala Sitharaman to withdraw the Basic Customs Duty on gold and also GST on the gems & jewellery industry. In the pre-budget recommendation 2024-25, the apex body has submitted an exhaustive list of recommendations for

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Reflecting on the 2 Day IGJS 2024

(By Suresh Chotai): In a dazzling start to the new year, the 2-day India Gold and Jewellery Summit (IGJS) illuminated the landscape of the gold and jewellery industry on January 23 and 24, 2024. This annual event brought together luminaries, thought leaders, and industry stakeholders to discuss, discover, and celebrate the ever-evolving facets of India’s vibrant gold and jewellery sector.

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CIBJO Issuses Document Outlining ESG Principles

Milan: The World Jewellery Confederation (CIBJO) has released a guidance document outlining environmental, social and governance (ESG) principles for companies primarily involved in the laboratory-grown diamond sector. Entitled “Environmental, Social and Governance Principles for Laboratory-Grown Diamonds,” the new guidance document is designed to assist laboratory-grown diamond companies to devise sustainable strategies that contribute to long-term business value creation, and to

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GJEPC Successfully Organized 2-Day IGJS

New Delhi: India’s gold jewellery ecosystem stands strong in infrastructure, policies, exports, retail, design, and innovation, and is poised for a significant role on the global stage. Mr. Santosh Kumar Sarangi, Director General, DGFT, Union Ministry of Commerce & Industry, Govt. of India urged GJEPC to popularize Indian jewellery exports through e-commerce; and to position India as top supplier, design

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