Despite the Fed’s First Rate Hike Since 2023, Indian Gold & Silver Rise as Oil Drives Prices

Macro Snapshot: Federal Reserve raised its target range by 25 basis points to 3.75% to 4.00% on 16 September, a unanimous 12-0 vote and the first increase since July 2023. Updated projections showed 16 of 18 participants expecting at least one further hike before the end of 2026, put the median path at 4.1% for both 2026 and 2027, and pencilled headline PCE inflation at 3.7% for 2026 with no return to the 2% target until 2029. Bond and currency

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Despite the Fed’s First Rate Hike Since 2023, Indian Gold & Silver Rise as Oil Drives Prices

Macro Snapshot: Federal Reserve raised its target range by 25 basis points to 3.75% to 4.00% on 16 September, a unanimous 12-0 vote and the first increase since July 2023. Updated projections showed 16 of 18 participants expecting at least one further hike before the end of 2026, put the median path at 4.1% for both 2026 and 2027, and pencilled headline PCE inflation at 3.7% for 2026 with no return to the 2% target until 2029. Bond and currency

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No Solace in Budget for India's Jewellery Sector

Mumbai: India’s Finance Minister Mr. Arun Jaitley has not given any relaxation in his first budget today as far as import duty on gold is concerned, within 45 days of forming of the Narendra Modi government. Mr. Jaitley surprised bullion markets by keeping the import duty on gold and silver unchanged at 10% in his fiscal budget, a move likely

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RJC to Hold Session at IIJS Educational Program

Mumbai: The Responsible Jewellery Council (RJC) will be taking part in the educational program of the July 17-21 India International Jewellery Show (IIJS). The program, organized by the Gem & Jewellery Export Promotion Council (GJEPC), and sponsored by Gemological Science International (GSI), will host a series of industry experts during the four day educational series entitled Spectrum Seminar – Innovate

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Myanmar Sells $3bn in Gems

Naypyidaw: Myanmar’s annual gem emporium took in more than $3 billion this year, the most ever for the country’s annual sale of gems and jade, organizers said Tuesday. Income reached $3.4 billion and saw the successful auction of 6,007 of 7,454 jade lots, 126 out of 436 gem lots and 224 of the total 342 pearl lots, they said. “This

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Forevermark Hosted Forum 2014

Jaipur: Forevermark, the diamond brand from De Beers group hosted the 3rd Annual Forevermark Forum in The Pink City to celebrate the brand for the year 2014. The three day interactive forum held from 02nd till 04th June 2014 in the city of Jaipur for its key associates & stakeholders was a massive success and was attended by India’s leading

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Amit Shah Graces 52nd India Gems & Jewellery Awards

Industry’s premier awards bring together national and state leadership, recognising excellence and India’s growing global ambitions Mumbai: In a landmark gathering that brought together the country’s political leadership and the leadership of India’s gem and jewellery industry, the Gem & Jewellery Export Promotion Council (GJEPC) hosted the prestigious 52nd India Gems & Jewellery Awards (IGJA), with Shri Amit Shah, Hon’ble

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Gemfields Generates $29.6m from Emerald Auction

London: Gemfields Group Limited announced that its latest commercial-quality emerald auction generated $29.6 million, with every lot sold and the average realized price rising sharply from its previous sale. The auction, held between 24 August and 10 September, achieved $9.72 per carat, compared with $7.46 at the November-December 2025 auction. Total proceeds were also up from $25.4 million despite the volume

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WGC Unveils New Chapter of ‘The Moment is Gold’ 

The World Gold Council (WGC) has unveiled the latest chapter of its ongoing campaign, ‘The Moment is Gold’. Building on the campaign’s central idea of celebrating life’s meaningful moments through gold, the latest film “First Diwali” captures a young couple experiencing their first Diwali together, a deeply personal milestone marked by warmth, belonging and new beginnings. The campaign reinforces how gold

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JGTD to Open from 27th October

Dubai: The Middle East’s most global B2B jewellery sourcing event is all set for its fifth edition this October! Jewellery, Gem & Technology in Dubai (JGTD) opens from 27–29 October 2026 in North Halls N21 and N23 of the Dubai Exhibition Centre (DEC), reaffirming the fair’s status as the region’s go-to marketplace for fine jewellery, diamonds, coloured gemstones and technology. Featuring

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