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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
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
Top News
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
India’s Plain Gold Jewellery Exports Grew 27.45% in April
Mumbai: India’s export of plain gold jewellery continues to soar, marking a significant 27.45% increase, reaching USD 342.27 million in April 2024, compared to USD 268.56 million in the same month the previous year. The overall exports of gems and jewellery declined 11.37% to USD 2074.85 million in April 2024, as compared to the same period the previous year. However,
CIBJO Congress from 2nd Nov in Shanghai
Milan: The World Jewellery Confederation (CIBJO) will hold its 2024 annual congress in Shanghai, China, from November 2 to November 4. Pre-congress meetings will be held on October 31 and November 1. The 2024 Congress will take place at the Shangri-La Qiantan convention centre, in the heart of Shanghai’s New Bund International Business District in Pudong. It is being hosted
PGI Statement on Anglo American Strategy
Mumbai: In response to the announcement by Anglo American regarding its intention to explore options to demerge from Anglo American Platinum, one of Platinum Guild International (PGI)’s principal sponsors, PGI remains focused on its strategy to collaborate with partners to create incremental value in and for platinum. Throughout its history, PGI has always been funded by South African platinum mining producers, of which
Lightbox Drastically Reduces Prices of its LGDs
London: De Beers Group’s wholly-owned lab-grown diamond jewellery brand, Lightbox Jewelry, yesterday announced a permanent price reduction to as low as $500 per carat, from a previous price of $800 per carat, for the brand’s Standard range of lab-grown diamonds (LGDs). The price reduction follows months of testing lower prices and researching the lab-grown diamond jewellery sector. The brand will
