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Israel’s Diamond Industry Under Severe Pressure
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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
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AWDC Takes Leading Role in Global Campaign for Natural Diamond
Antwerp: On June 18, the Chairman of the Antwerp World Diamond Centre (AWDC), Isidore Mörsel, will represent the Antwerp diamond sector at a ministerial meeting in Luanda, Angola. The summit will be fully dedicated to broad-based generic marketing to promote natural diamond worldwide. AWDC has played a central role in successfully uniting all players in the diamond value chain behind
14th Edition of NJA ’25 Announced
Mumbai The All India Gem & Jewellery Domestic Council (GJC) has announced the 14th Edition of WGC presents National Jewellery Awards (NJA’25). Organized by GJC, NJA recognizes and honours outstanding talent in the jewellery sector, celebrating excellence, creativity, craftsmanship, and innovation while shaping the industry’s future. NJA is known for its unbiased and relentless efforts for the welfare of the
GJEPC Road Show Strengthens Outreach in Vietnam
Mumbai: In a bid to boost bilateral cooperation, India’s Gem & Jewellery Export Promotion Council (GJEPC) held a series of constructive meetings with key stakeholders from Vietnam’s gemstone and investment sectors. A key meeting was held with Mr. K.S. Ngo The Hoc, Vice President and General Secretary of the Vietnam Association of Gemstones (VAG), accompanied by representatives from seven member
Dr. K. Srikar Reddy, CGI, San Francisco Visits India Pavilion, JCK Las Vegas ’25
The Gem & Jewellery Export Promotion Council (GJEPC) extended a warm welcome to Dr. K. Srikar Reddy, Consul General of India (CGI), San Francisco, during his visit to the India Pavilion at JCK Las Vegas 2025, North America’s premier jewellery trade show. Mr. Kirit Bhansali, Chairman, GJEPC, greeted Dr. Reddy at the Pavilion. Also present during the visit were Mr.
Qatar Diamond Exchange Signs Strategic MoUs
The Qatar Diamond Exchange (QDE) has signed Memoranda of Understanding (MoUs) with the Diamond Exchange of Singapore, the Shanghai Diamond Exchange and the Tokyo Diamond Exchange during the 41st World Diamond Congress in Singapore. The agreements reflect QDE’s strategic focus on developing closer relationships with established diamond markets across Asia and creating new opportunities for trade and cooperation between Qatar
IDMA Mourns Passing of Vasant Mehta
Antwerp: The board and members of the International Diamond Manufacturers Association (IDMA) deeply mourn the passing of one of the global diamond industry’s and trade’s leaders and mentors, Mr. Vasant Mehta, who passed away earlier this week at the age of 81. Vasant served as IDMA’s Vice President from 1998-2000 and then from 2002-2008, on behalf of the Gem &
Shaping the Roadmap for India’s $100 Bln. G&J Future
Mumbai: Department of Commerce, in association with the Gem & Jewellery Export Promotion Council (GJEPC), yesterday convened the ‘Chintan Shivir – 2040 Roadmap for Gems & Jewellery’, a high-level dialogue aimed at developing a comprehensive strategy to help India achieve its ambition of USD 100 billion in gems and jewellery (G&J) exports by 2040. The roadmap envisages an increase in
India’s Largest Platinum Experience Zone at Kalamandir Jewellers, Vadodara
Vadodara: Kalamandir Jewellers has unveiled India’s largest Platinum Experience Zone at its new flagship store in Vadodara, creating a dedicated destination for consumers to explore platinum jewellery across designs, occasions andprice points. The launch strengthens the visibility of platinum jewellery in Gujarat and complements Platinum Guild International’s (PGI) ongoing efforts to build awareness and appreciation for the metal through consumer education, design innovation
