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

Read More »

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

Read More »

Top News

Rajesh Rokde Elected as New Chairman of GJC

Mumbai: Mr. Rajesh Rokde has been elected as the new Chairman and Mr. Avinash Gupta the new Vice Chairman of the All India Gem & Jewellery Domestic Council (GJC), the apex body representing the Indian gem and jewellery industry. This was announced during the council’s first Board Meeting of the COA 2025 – 26 post completion of their COA elections

Read More »

Industry Leaders Expect Promising 2025

Mumbai: India’s Gems and Jewellery industry (GJ) experienced significant developments in 2024, navigating market dynamics and emerging stronger by the year-end. As the year concluded we have received feedbacks from some of the industry leaders about the industry’s performance in 2024 and its outlook of the 2025. Mr. Saiyam Mehra (Chairman of the All India Gem and Jewellery Domestic Council,

Read More »

Gold Hallmarking Initiative Sees Growth in 2024

New Delhi: India’s Department of Consumer Affairs (DCA) announced a successful year for its hallmarking initiatives, with increased registrations and a wider reach for consumers. In its 2024 year-end review, the DCA highlighted significant progress in ensuring the purity and quality of gold jewellery and artifacts. Between 1st April and 25th November 2024, hallmarking registrations saw a 4% increase, rising

Read More »

GJEPC Presents Pre-Budget Recommendations 

New Delhi: Mr. Vipul Shah, Chairman, GJEPC, met Hon’ble Finance Minister Mrs.. Nirmala Sitharaman today during a pre-budget consultation held in Delhi today. During the meeting, Mr. Shah presented key recommendations on behalf of the gem and jewellery industry, aimed at fostering growth, enhancing global competitiveness, and addressing the industry’s critical challenges. Mr. Shah said, “We thank the Hon’ble Finance

Read More »

Examining Impact of Online Trading on Pearl Sector

Milan: The COVID-19 pandemic has proven to be a watershed moment for jewellery’s pearl sector, as it has for most other parts of the industry, initiating changes that most probably are irreversible. The migration to online trading of loose pearls and pearl jewellery is certainly one of them. The pearl sector has always stood apart in the industry, and this

Read More »

IGJS Dubai Scheduled from 11th-13th Oct. 2021

Mumbai: The astounding success of GJEPC’s IIJS Premiere in Bengaluru has energised and raised expectations of the exhibitors participating in the Council’s second physical show since covid, the International Gem & Jewellery Show (IGJS) Dubai, scheduled from 11th-13th October 2021. Mr. Colin Shah, Chairman, GJEPC, said, “We are grateful that the UAE government has granted permission to GJEPC to hold

Read More »

NDC Expands ASSURE Program

Mumbai: The Natural Diamond Council (NDC) has announced the expansion of the market leading ASSURE Program designed to protect consumers and safeguard the integrity of the natural diamond supply chain by supporting Diamond Verification Instrument manufacturers. The ultimate goal of this initiative is to maintain consumer confidence in the diamond jewellery industry. The ASSURE Program was first launched in 2019

Read More »

Indo-UAE Global Connect Explores Opportunities

Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) hosted another edition of India Global Connect, a business networking meet, with the United Arab Emirates (UAE) on 23rd September 2021. The meet provided a virtual platform to the gem and jewellery manufacturers, retailers and wholesalers from India to connect with the trade in the UAE to explore business opportunities. The

Read More »

Latest Videos