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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CIBJO and Fairtrade International Sign MOU

Moscow, 23rd May: CIBJO and Fairtrade International have signed a Memorandum of Understanding according to which Fairtrade commits to working with CIBJO and its member organizations to improving certified Fairtrade gold supplies to the jewellery markets and members of CIBJO-associated organisations, and CIBJO commits to facilitating and encouraging its members to adopt and integrate fairtrade gold and metals into their

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RBI Allows Private Agencies to Import Gold

Mumbai: The Reserve Bank of India (RBI) yesterday eased tough gold import rules by permitting seven more private agencies to import the yellow metal. It is a measure that industry officials say could increase supplies and reduce premiums in the peak wedding season. Gold imports by India, the world’s No. 2 bullion consumer after China, could quickly rise from current

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GJEPC Flays Surat Diamantaires on Bourse Plan

Mumbai, 22nd May: The Gems and Jewellery Export Promotion Council (GJEPC), of India has criticized the move by some diamantaires in Surat to shift their Mumbai operations to the proposed Surat Diamond Bourse (SDB) in Surat, reports The Times of India. GJEPC chairman Vipul Shah said, “It is not the prerogative of 50 diamantaires to decide and win over others

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India Raises Import Tariff Value of Gold, Silver

Mumbai: India has raised its import tariff value of gold and silver on Wednesday. Indian government has trimmed its import tariff value of gold from $421 per ten grams to $431 per 10 grams and silver from $644 per kilo gram to $ 646 per kilo gram, said the ministry of finance. Import tariff value is the base price on which

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Icons Honoured as Industry Legends at IIJS Celebration Night

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) hosted the IIJS Celebration Night on 5th August 2026, following the first day of IIJS Bharat Premiere 2026, bringing together leading figures from the Indian and global gem and jewellery industry for an evening of recognition and celebration. A key highlight of the evening was the felicitation of nine global icons

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‘Jewellers for Hope’ 2026 Raises Funds to Support Education

Mumbai: The Indian gem and jewellery industry came together in Mumbai on 6th August for the 11th edition of Jewellers for Hope, the flagship CSR initiative of the Gem & Jewellery Export Promotion Council (GJEPC), presented in association with De Beers Group and the World Gold Council (WGC), powered by GIA, with HRD Antwerp as Co-Partner. Mr. Rahul Narwekar, Hon’ble

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Divine Solitaires Honoured Partner Jewelers at IIJS Premiere

Mumbai: Celebrating excellence, enduring partnerships and five years of shared growth, Divine Solitaires hosted its Annual Rewards & Recognition ceremony at Innov8 Launchpad, IIJS Premiere 2026, NESCO, Mumbai, honouring its highest-performing partner jewellers from across the country. The event also witnessed the first weekly lucky draw of The Solitaire Festival of India (TSFI) 2026, making it one of the key highlights of this year’s exhibition.

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Sky Gold and Diamonds Begins FY27 On a Strong Note

Mumbai: Sky Gold and Diamonds Limited (BSE: 541967 | NSE: SKYGOLD), a listed B2B gold jewellery manufacturer, today announced its consolidated financial results for the quarter ended June 30, 2026. The Company commenced FY27 with healthy growth in revenue and profitability, supported by sustained demand from organised jewellery retailers, continued traction in lightweight and value-added jewellery, and consistent execution across

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