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

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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

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CIBJO Gives Sustainability Frame for Pearl Sector

Milan: CIBJO President Gaetano Cavalieri has presented an outline for sustainability in the cultured pearl sector, emphasizing that a comprehensive approach must be taken that addresses economic, environmental and social responsibility. He was speaking at the Sustainable Pearls Forum, which took place in Hong Kong on June 21. The cultured pearl industry provides an opportunity to introduce concepts that often

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Gold Curb Relaxations on the Way…

New Delhi: The government of India has indicated that there is a need to ease norms for bullion imports to boost supplies and jewellery exports. “There is a need of rationalisation in (gold import) duty and (gold import) procedure….We have already made it clear that there is a need to look at the current gold import regime,” commerce secretary Rajeev

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RBI's Credit Limit Troubles Diamond Units

Surat: At least 350 small and medium diamond companies in the world’s biggest diamond cutting and polishing centre in Surat are facing severe financial problems with Indian banks strictly implementing the 90 days credit limit for overseas payment to rough diamond dealers in Antwerp and Dubai for the past four months, reports The Times of India. The Gem and Jewellery

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India Eyes Direct Diamond Tie-Ups with Russia

Mumbai: With the threat of US economic sanctions on Russia hanging like a Damocles sword, India’s gem and jewellery industry is gearing to establish direct contacts with Russia, to source rough diamonds, reports Business Line. Supply of roughs from Russia to Dubai and Belgium could be severely impacted if the US imposes economic sanctions on Russia, say exporters. Currently, the

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50% Tariff: GJEPC Seeks Relief from Govt.

Mumbai: The US announcement of a sweeping 50% tariff on all Indian goods is a deeply concerning development. This move would have far-reaching repercussions across India’s economy—disrupting critical supply chains, stalling exports, and threatening thousands of livelihoods. The Indian gem and jewellery sector, in particular, stands to be severely impacted. The United States is our single largest market, accounting for

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Celebrate Rakshabandhan with Platinum

Mumbai: Rakshabandhan has always been about celebrating the quirks, chaos and quiet strength that defines sibling relationships. Over the years, gifting has become an integral part of the festival – a way to celebrate love, spark new memories and cherish old ones. As this exchange becomes more thoughtful, platinum jewellery is stepping into the spotlight as the go-to choice for

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Hari Krishna Exports Wins Sustainability Award

Hong Kong: Seven enterprises demonstrating the global jewellery industry’s commitment to positive change have emerged victorious in the Sustainability Awards 2025 by JWA (Jewellery World Awards). Representing a truly international showcase of excellence, the winning companies from China, Hong Kong, India, Italy, the US and Vietnam will be honoured during the Fair Reception of Jewellery & Gem WORLD Hong Kong

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GJSCI Conducts ‘Train the Trainer’ Program

Mumbai:   Skilling being at the core of GJSCI’s activities, a Special Program was curated by the institute to Train the Trainer.   It was a 3 day long Training Program which commenced on 31st July upto 2nd August, 2025.  Imitation Jewellery Maker & Artificial Jewellery Maker jobroles were shortlisted for this program.  A total of 12 Trainers participated in this intensive

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