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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ALROSA’s Net Profit under RAS +59% in 1H

Moscow: Following the 1st half of 2014 OJSC AK ALROSA posted net profit under RAS soared by 59%, or 1.6 times, – to RUB 24.174 billion compared to RUB15.209 billion a year earlier, according to the company’s financial statement, cited by Finmarket.ru. ALROSA’s revenue increased by 20% and amounted to RUB81.551 billion compared to RUB68.01 billion in the 1st half

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EU, US to Impose New Russia Sanctions

Washington: The United States and European Union plan to impose new sanctions against Russia this week, including penalties targeting key sectors of the Russian economy, the White House said Monday. The show of Western solidarity comes as the US accuses Russia of ramping up its troop presence on its border with Ukraine and shipping more heavy weaponry to pro-Moscow separatists

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India's Jewellery Exports Up by 25% in June

Mumbai: The silver jewellery exports from India surged by 25.06% year-on-year to touch $134.52 Million (Rs. 803.50 crores) during the month of June this year while its gold jewellery exports too soared by 24.96% year-on-year to $664 Million (Rs 3966.07 crores), in accordance with the latest data released by the Gem and Jewellery Export Promotion Council (GJEPC). According to GJEPC,

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‘Next Generation’ Gemstone Report Disclosure

London: Gemstone miner Gemfields and Gubelin Gem Lab have announced what they call the “next generation” of disclosure on laboratory-issued gemstone certificates. Unlike current gemstone certificates, which are issued without disclosing the identity of the party presenting the gemstone to the laboratory for a report, Gubelin Gem Lab will offer its clients the option of including their names included on

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Convocation Ceremony of Josh's 1st Batch Pass Outs

Mumbai: GJSCI’s Jewellery Occupational Skilling Hub (JOSH) conducted the Convocation Ceremony of its students who passed out from the first batch.  The JOSH Skilling Centre was inaugurated on 3rd May, 2022 for training under the job roles Filer & Assembler, Metal Setter and Polisher & Cleaner.  This centre has been set up through CSR contributions by Industry Partners from the

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Anupam Kher, Sonali Bendre Grace 48th IGJA

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) hosted the 48th edition of India Gem and Jewellery Awards (IGJA), in association with World Gold Council, powered by GIA and co-partner Gold Star. A total of 35 awards were given away at IGJA 2021, one of the foremost recognition platforms for the jewellery sector in India, encouraging exports and award excellence

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Deepika Padukone Graces GJEPC’s ‘Jewellers for Hope’ Charity Dinner

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) organised the 7th edition of its charity dinner ‘Jewellers for Hope’ in association with World Gold Council (WGC), De Beers, and Powered by GIA. As every year, this year too, the event raised Rs. 1 Crore from Jewellers. The proceeds of the charity dinner were donated to leading Bollywood actress Deepika

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Hema Malini Inaugurated the IIJS Premiere 2022

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem & jewellery trade, kick started its flagship show IIJS premiere 2022 today. The show was inaugurated by Ms. Hema Malini, Member of Parliament along with Mr. Colin Shah, Chairman, GJEPC; Mr. Vipul Shah, Vice Chairman, GJEPC; Mr. Shailesh Sangani, Convener, National Exhibitions, GJEPC; and Mr.

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