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Israel’s Diamond Industry Under Severe Pressure

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With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a

With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
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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

De Beers Unveils Second Ear Piercing Ritual Program
Mumbai: De Beers Group, the world’s leading diamond company, will support diamond jewellery retailers in driving demand for natural diamond jewellery by showcasing a new gifting occasion in the lives of young consumers – the second ear piercing, which is an intrinsic part of India’s traditional culture and modern rituals. De Beers is introducing a heart-warming ‘Love, From Dad’ collection as part

Chetan Mehta Explores Kirit Bhansali’s Personality
Bengaluru: The latest edition of Coffee with Dr. Chetan Kumar Mehta featured an engaging conversation between Dr. Chetan Mehta, President of the Jewellers Association Bangalore, and Mr. Kirit Bhansali, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC). Held during the IIJS Tritiya event, the discussion delved into Mr. Bhansali’s inspiring journey, his vision for the jewellery industry, and

Govt. Sets G&J Export Target of $45.7 Bln. for '22-23
Mumbai: The Indian Government’s Department of Commerce has set a gem & jewellery export (G&J export) target of USD 45.7 billion for the year 2022-23. This follows the industry’s stellar contribution of nearly 10% to the country’s overall exports of USD 400 billion last year. The top gem and jewellery export targets set for key countries in 2022-23 are: USA

India’s Q1 Platinum Jewellery Sales +20-30% by Volume
Mumbai: Platinum Guild International (PGI) said two-thirds of its retail partners experienced growth of 20-30% YoY in platinum jewellery volume sales in Q1 2022, according to the latest Platinum Jewellery Business Review. This was attributed to rising gold prices, so retailers focused on driving higher margins through platinum jewellery by aggressively driving conversions in stores, PGI said. Sharing its top-line

GJEPC Holds Certificate Course on G&J Export Process in Rajkot
Mumbai: GJEPC’s Surat Regional Office organised a two-day certificate course on ‘Export Process for the gem and jewellery industry’ in Rajkot on 11th-12th June, 2022. The course was specially designed for the gem and jewellery industry and covered all the practical aspects of the export process, including Product Selection, Market Selection, Searching Buyers, Risk Management, Export Documentation, Role of Various

E-Commerce Jewellery Exports through Courier Route
Mumbai: As announced by Indi’s Finance Minister Mrs. Nirmala Sitharaman in the 2022-23 budget, the Finance Ministry has come up with draft Standard Operating Procedure (SoP) for facilitating e-commerce jewellery exports through the courier route. The aim is to provide a simplified regulatory framework for manufacturers and traders who want to export jewellery through e-commerce. The new rule would permit
