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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
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
Top News
Forevermark Expands to UK and Ireland
London: Forevermark, the diamond brand from De Beers Group of Companies announced yesterday it will be expanding into the United Kingdom and Ireland this autumn. Crossworks Manufacturing Ltd. has been appointed as the only licensee partner and will be working with a select number of retailers to bring Forevermark diamonds to the region. Forevermark CEO Stephen Lussier comments, “London is
Gaetano Cavalieri Addresses ECOSOC
Milan: CIBJO President Gaetano Cavalieri has addressed the High Level Segment of the UN Economic and Social Council in New York, and in his presentation stressed the commitment of both CIBJO and the international jewellery sector to assisting the United Nations meet its development goals. Dr. Cavalieri was addressing the annual keynote gathering of the UN agency as the head
5th Edition of IIJW Inaugurated in Mumbai
Mumbai: After completion of four successful years, the 5th edition of India International Jewellery Week, popularly known as IIJW, was inaugurated this morning in Mumbai by Mrs. Rashmi Thackeray. Present at the inauguration were Mr. Vipul Shah, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC), Mr. Pankaj Parekh, Vice Chairman of GJEPC and other degnitories. Conceived and conceptualized
HRD Antwerp Adjusting Parameters of Cut Grade
Antwerp: HRD Antwerp is to adjust the proportion parameters of its Cut Grade, with changes taking place as of July 14. The Belgian lab said it is making the move “in order to be more compliant with the market standard, while maintaining the highest-quality grading standards that HRD Antwerp is known for”. “The HRD Antwerp Cut Grade is based on
WDC Urges KP to Support Historic Reform
Dubai: Feriel Zerouki, President of the World Diamond Council (WDC), opened the 2025 Kimberley Process (KP) Plenary with a decisive call for participants to support a modernized definition of “conflict diamonds,” marking a pivotal moment for the international certification scheme. Ms. Zerouki highlighted three years of hard work, drafting and negotiation led by the WDC and honored the leadership of
Candere Opens Two New Stores in Mumbai
Mumbai: Candere, the lifestyle jewellery brand by Kalyan Jewellers has expanded its retail presence in Maharashtra with the launch of two new stores, one each in Andheri and Mulund. These new additions, marking Candere’s 97th and 98th store nationwide, further reinforce the brand’s commitment to offering accessible, stylish, and contemporary jewellery for today’s discerning customers. The newly launched Andheri and Mulund stores
12th IRGSS Inaugurated in Jaipur
Jaipur: The 12th Edition of the India Rough Gemstones Sourcing Show (IRGSS) 2025 was inaugurated on 17th November 2025 by Mr. R. K. Chandan, Commissioner of Customs, Jaipur. He was joined by Shri Jitendra Meena, Deputy Commissioner of Customs, ACC Jaipur. Mr. Chandan was welcomed and felicitated by Mr. Yogendra Garg, Regional Chairman, GJEPC, and Mr. D. P. Khandelwal, Convener of
World Diamond Congress in Singapore from July 12
Singapore: The next World Diamond Congress, a joint assembly of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), will be held July 12-15, 2026, at the Sands Expo & Convention Centre. “We are excited to hold this pivotal industry gathering once again in Singapore,” Fabio Cascapera, President of the Diamond Exchange of Singapore (DES),
