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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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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GJEPC Seeks Govt Intervention on US’ Reciprocal Tariff Proposal

New Delhi: Top representatives of India’s gems and jewellery sector have urgently briefed Commerce Secretary Mr. Sunil Barthwal, IAS, on the potential repercussions of the United States’ recent notice regarding reciprocal tariffs. The delegation, led by Mr. Shaunak Parikh, Vice Chairman, GJEPC, along with Mr. Adil Kotwal, President, Seepz Gem & Jewellery Manufacturers’ Association (SGJMA), and Mr. Sabyasachi Ray, Executive

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1094 Ct. Seriti Diamond Arrives in Antwerp

Antwerp: HB Antwerp has welcomed Seriti, a genuinely extraordinary 1,094-carat rough diamond unearthed from Lucara’s world-renowned Karowe mine in Botswana. Seriti has now arrived in Antwerp, a true force of nature, where HB expert artisans powered by our advanced proprietary technologies will reveal its full potential. This historic find marks the sixth diamond exceeding 1,000 carats recovered from Karowe, reaffirming the mine’s status

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GJEPC Meets FM to Discuss Industry Key Issues

New Delhi: Leaders of India’s Gem & Jewellery Export Promotion Council (GJEPC) met with the Finance Minister (FM) Mrs. Nirmala Sitharaman, to discuss pressing issues and the way forward for the gem and jewellery industry. Mr. Kirit Bhansali, Chairman, GJEPC, and Mr. Shaunak Parekh, Vice Chairman, GJEPC, along with Mr. Sabyasachi Ray, Executive Director, GJEPC, engaged in a courtesy meeting

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GJC’s First Labham Seminar in Ahilyanagar

Ahilyanagar: The All India Gem & Jewellery Domestic Council (GJC) successfully organized its flagship knowledge-sharing event this week, the Labham Seminar, at Hotel Raj Palace in Ahilyanagar. This was the first-ever Labham Seminar held in Ahilyanagar, conducted in collaboration with the Gold Jewellers Council – Ahilyanagar, a prestigious association dedicated to the growth and prosperity of the local jewellery trade.

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IIJS Signature Attracts Int’l Buyers from Bahrain

Mumbai: The IIJS Signature team has successfully completed its first door-to-door campaign in Bahrain, inviting prominent retailers from the country to visit its upcoming show in Mumbai. At the popular India Pavilion within the Jewellery Arabia show, the team met, interacted and invited the leading retailers from Bahrain. The IIJS Signature team visited various jewellery hubs in Bahrain, including Bab

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WDC Praises Determination of KP Participants 

New York: World Diamond Council (WDC) President Feriel Zerouki struck a cautiously optimistic note at the conclusion of the 2023 Kimberley Process Plenary on November 10, 2023, at Victoria Falls in Zimbabwe, after the Plenary agreed on 98 items. President Zerouki noted that a real milestone has been set with the finalization of arrangements for the establishment of Permanent KP

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iTraceiT Partners with Cutwise Group

Hennuyeres, Wallonia, Belgium: iTraceiT, an independent, third-party company specializing in traceability solutions and the creator of the world’s first digital diamond passport has entered into a partnership with the Cutwise Group to permit users of iTraceiT to integrate the data of the Cutwise “DiLog” report for the scans of polished diamonds into their workflow, and thus enhance the traceability of

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JGTD 2024 Announces New Show dates, Venue

Dubai: Jewellery, Gem & Technology in Dubai (JGTD) is rescheduling its third edition to 12 – 14 November 2024 as it prepares to move to its new home in Halls 1 & 2 South of the Dubai Exhibition Centre (DEC). The fair was originally set for 6 – 8 February 2024 at the Dubai World Trade Centre (DWTC). Situated in the Expo/District 2020 neighbourhood and community

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