We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
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
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RBI Cuts Repo Rate by 50 BPS
Mumbai: The Reserve Bank of India (RBI) today announced its second bi-monthly monetary policy of FY26. The RBI Governor Mr. Sanjay Malhotra-led Monetary Policy Committee (MPC) decided to cut the repo rate by 50 basis points (bps) to 5.50% from 6.00% earlier. This is RBI’s third consecutive repo rate cut. The MPC also decided to change the policy stance to
Winners of HRD Design Awards Declared
Antwerp: Since its inception in 1985, the HRD Design Awards have given young and innovativedesigners the chance to showcase their talent on a global stage. This edition, HRD Antwerp decided to plan it’s final night outside of the European Union for the first time ever. The oldest, most international and biggest jewellery design competition wanted to bring this finale to
Gemfields Updates ‘G-Factor for Natural Resources’ Figures
London: Gemfields has confirmed its ‘G-Factor for Natural Resources’’ figures for the Kagem emerald mine in Zambia and the Montepuez ruby mine in Mozambique, which now stand at 20% and 25% respectively for the 10-year period from 2015 through 2024. The ‘G-Factor for Natural Resources’ reveals the percentage of natural resource revenue paid to the government of the country from
GJEPC Advocates ‘Green Exhibitions’ with IIJS
Mumbai: On World Environment Day, The Gem & Jewellery Export Promotion Council (GJEPC), India’s apex trade body sponsored by the Union Ministry of Commerce & Industry, reinforces Commitment to Sustainability with Green Practices at its flagship India International Jewellery Show (IIJS) exhibitions – one of the world’s top 2 B2B Trade shows in the gem & jewellery sector. With the theme of
IIJS Premiere Gets Exhibition Excellence Awards
Mumbai: It was a Proud moment for India’s Gem & Jewellery Export Promotion Council (GJEPC) when the India International Jewellery Show (IIJS) Premiere received Exhibition Excellence Awards on 21st June 2024 in Mumbai. “IIJS Premiere 2023” won two awards 1) Top Sourcing Show of India – Winner and 2) India’s Grand Show -1st runner’s up. The winner awards were received
India Pavilion at JGA Hong Kong 2024
Hong Kong: The Gem & Jewellery Export Promotion Council (GJEPC) is proud to announce India Pavilion participation in the Jewellery & Gem Asia (JGA) Hong Kong, being helf from June 20-23, 2024, at the Hong Kong Convention and Exhibition Centre. This prestigious event stands as Asia’s unmatched mid-year B2B sourcing platform for the gem and jewellery industry. The India Pavilion,
Gemfields Ruby Auction Nets $68.7 Mln.
Mumbai: Gemfields Group Limited (GGL) has reported robust results from its recent auction of mixed-quality rough rubies, held from 3rd to 18th June 2024. The event, marking the 10th anniversary of Gemfields’ inaugural ruby auction, showcased strong market confidence despite industry challenges. The auction generated total revenues of $68.7 million, with 94 of the 97 lots offered being sold, accounting for 217,044
Cen. Bank Gold Demand to Rise in 2025: WGC
Mumbai: More than eight in ten (81%) of respondents have indicated that they expect reserve managers will continue to increase their gold holdings in the next 12 months, according to new data released by the World Gold Council (WGC). This is the highest ever recorded since its 2019 annual survey. The 2024 Central Banks Gold Reserves (CBGR) survey, which collected
