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A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
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India Gem and Jewellery Show 2025 from 4th
Mumbai: All India Gem and Jewellery Domestic Council (GJC), the apex industry body has announced the 7th edition of its flagship event, the India Gem and Jewellery Show (GJS), scheduled from 4th to 7th April 2025, at the Jio World Convention Centre in Mumbai. Also known as #HamaraApnaShow, the GJS has become a must-attend platform for driving future business growth
Rio Tinto Discovers Exceptional Yellow Diamond
Yellowknife: Rio Tinto has unearthed one of the largest gem-quality yellow diamonds ever discovered in Canada, from its Diavik Diamond Mine. The 158.20 carat rough diamond was discovered at Diavik located 200km south of the Arctic Circle in the remote Northwest Territories of Canada. It is one of only five yellow diamonds weighing more than 100 carats ever unearthed at
Men of Platinum Invites Fans to ‘HONOURTHE7’
Mumbai: As IPL 2025 electrifies cricket fans across the country, Men of Platinum unveils #HonourThe7, a powerful tribute to MS Dhoni, an icon whose resilience, leadership, and composure have defined an era. This fan-driven initiative transforms admiration into action, inviting Thala fans to express their love for their hero in a unique and meaningful way. Building on the Men of Platinum x MS Dhoni Signature Edition, the #HonourThe7 initiative invites fans
GJEPC Invites Participation in SAJEX 2025
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) invites international participation/countries/pavilions to be part of the B2B Saudi Arabia Jewellery Exposition i.e., SAJEX 2025, to be held at JEDDAH SUPERDOME from September 11–13, 2025. The exhibition is held in partnership with the Indian Consulate in Jeddah and the Ministry of Commerce and Industry, Govt. of India. SAJEX 2025 is
IIJS Premiere Set to Generate Business of Rs. 60,000 Crores
Mumbai: The much-awaited 39th edition of IIJS Premiere 2023, organized by the Gem & Jewellery Export Promotion Council (GJEPC), kick-starts today in Mumbai. This prestigious event brings together the gems and jewellery industry for an extraordinary showcase of excellence, innovation, and sustainability. IIJS Premiere 2023 promises to be the largest gathering of domestic and international buyers, offering Indian jewellery manufacturers
India’s Gold Demand Down by 7% in Q2 ’23
Mumbai: The World Gold Council’s latest Gold Demand Trends report reveals that gold benefited from record central bank buying in the first half of the year and was supported by healthy investment markets and resilient jewellery demand. Gold demand (excluding OTC) dropped by 2% y/y to 921t during Q2, although total demand (inclusive of OTC) was up 7% y/y, pointing
1st Pre-CIBJO Congress ’23 Sp. Report Released
Milan: With fewer than 10 weeks to go to the opening of the 2023 CIBJO Congress in Jaipur, India, on October 3, 2023, the first of the pre-congress Special Reports has been released. Prepared by the CIBJO Marketing and Education Commission, headed by Jonathan Kendall, it reviews the changes that have taken place in the way jewellery is marketed, and
JGTD Returns for Third Edition
Dubai: Further solidifying its distinctive position as a top-tier destination for B2B sourcing worldwide, Jewellery, Gem & Technology in Dubai (JGTD) is returning for its third edition with new pavilions and an enhanced selection of products from 6 to 8 February 2024 at the Dubai World Trade Centre (DWTC). The result of a collaborative effort between world-leading event organisers Informa Markets Jewellery
