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
Top News
GJEPC Briefs PMO on US Tariff Impact
New Delhi: India’s gem and jewellery sector has formally presented its key demands to the Government of India, urging for relief from US tariffs amid escalating trade tensions. GJEPC’s industry representation to the GoI encapsulates key areas requiring immediate attention under the proposed Bilateral Trade Agreement (BTA). A high-level delegation, led by Mr. Kirit Bhansali, Chairman, GJEPC, met Principal Secretary
GJEPC Becomes Title Partner of IIJS-JCL
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has become the Title Partner of the highly anticipated IIJS-JCL (Jewellers Cricket League), which kicked off on 11/04/2025) at the state-of-the-art Cricket Hub Ground, strategically located on the Banur-Landran Highway in Mohali. Representing GJEPC at this exciting event are esteemed officials Mr. Shamal Pote, Director along with team Mr. Pranabes Hazra
Seminar on “GJEPC & Trade Opportunities”
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) successfully organized an insightful seminar on “GJEPC and Trade Opportunities” for the gem and jewellery community of Zaveri Bazaar on April 11, 2025. The event was aimed at raising awareness about the Council’s various initiatives and support systems designed to boost the growth and global reach of the Indian gem and
Gemfields to Raise $30 Mln. Through Rights Issue
London: Gemfields Group Ltd announced on Friday plans to raise USD30 million through an equity rights issue, following a swing to a significant annual loss driven by rising costs and ongoing political instability. The London-listed miner and marketer of coloured gemstones reported a pretax loss of USD103.6 million for 2024, reversing from a USD16.6 million profit in 2023. Annual revenue
Platinum Demand Surged 25% in 2023: WPIC
Mumbai: World Platinum Investment Council (WPIC) has published a new study of the platinum market that says the demand surged 25% in 2023 to 8 million ounces, while total supply fell to 7.13 million ounces. Analysts at WPIC believe that platinum demand will remain robust in 2024, however it is expected to drop by 6% to 7.51 million ounces. Meanwhile,
Development of Clear Sustainability Strategies Now Imperative
Milan: The development of coherent and well communicated strategies that address environmental and social sustainability issues, responsible sourcing and proper governance are now management requestites in the jewellery gemstone and precious metals industries, Gaetano Cavalieri, President of the World Jewellery Confederation (CIBJO) has told an international group of graduate students during a lecture he delivered on February 28, 2024, at
GJEPC Explores Partnership with France’s Luxury Sector
Mumbai: India and France are looking to strengthen their ties in the luxury sector, as they held a meeting on 28th February to discuss the opportunities and challenges of collaboration. The meeting was attended by Mr. Eric Fajole, Trade Commissioner at the Embassy of France in India, and Mr. Ashish Kothari, Co-Convener, SEZ Sub-Committee, GJEPC, along with other representatives from
WFDB Calls to Action Regarding G7 Diamond Restrictions
Antwerp: The World Federation of Diamond Bourses (WFDB) has launched a campaign to unite the industry in presenting its concerns regarding the proposed G7 restrictions on diamonds. The WFDB has sent out a letter recently to the G7 and EU government representatives, detailing the challenges that the “one import node” solution creates for the industry. In addition to the signature
