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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2024 CIBJO Congress to be Streamed Live

Milan: The 2024 CIBJO Congress is set to open in Shanghai, China, on November 2, and for the first time in the history of the three-day event, it will be broadcast live worldwide. Free access to the live broadcast will be available via the dedicated congress website at  https://cibjo.org/congress-2024/ or via the CIBJO YouTube channel at  https://www.youtube.com/@cibjocommunications9276/streams. The Digital Binder of the

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GJC Advises Jewellers to Carry Essential Documents

Mumbai: The All India Gem and Jewellery Domestic Council (GJC) has called upon its members and industry stakeholders to carry out all necessary documentation to ensure the smooth movement of goods during the upcoming Maharashtra election. The GJC’s directive covers items such as gems and jewellery, bullion, precious stones, and allied articles. In light of the upcoming Maharashtra elections, GJC

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GJEPC Hosted Dr. S. Jaishankar

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) hosted Dr. Subrahmanyam Jaishankar, the External Affairs Minister, Govt. of India at its head office on Sunday 27th October. Dr. Jaishankar was visiting Bharat Diamond Bourse (BDB) in Mumbai for an interaction on India’s foreign policy at an event titled “Indian Foreign Policy: A Transformational Decade”, which aimed to explore the

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Reena Ahluwalia Donates ‘Pristine’ Canadian Diamond Painting

Toronto: The Canadian Jewellers Association (CJA) held the CJA Industry Summit on Oct. 21 at The St. Regis Toronto. The CJA summit is Canada’s premier jewellery industry event. The Chair of CJA, Angela Betteridge invited artist and jewellery designer Reena Ahluwalia to showcase her diamond artworks at the event. Upon invitation, Artist Reena Ahluwalia donated ‘Pristine’, her Canadian diamond painting,

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7th GJS Concluded Successfully

Mumbai: The All India Gem and Jewellery Domestic Council (GJC) proudly concluded the 7th edition of its flagship event, the India Gem and Jewellery Show (GJS), held from 4th to 7th April, 2025 at the prestigious Jio World Convention Centre, Mumbai. Branded as #HamaraApnaShow, GJS April 2025 which brought together industry leaders, renowned jewellers, and stakeholders from across the globe to celebrate

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Trump Pauses Tariff for 90 Days

Washington: The US President Donald Trump on yesterday announced a 90-day pause in reciprocal tariffs for trading partner countries that have not retaliated with higher levies on American goods — such as India — and further hiked the levy on China to 125% for hitting back. India has not retaliated to the 26% levy by Trump and has engaged the

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AWDC Welcomes European Decision not to Impose Import Tariffs

Antwerp: The Antwerp World Diamond Centre (AWDC), the industry organization representing all Belgian diamond companies, has expressed relief and satisfaction following the European Council’s decision not to impose import tariffs on polished diamonds originating from the United States, as part of its package of countermeasures in response to the U.S. tariffs imposed by President Trump. European import tariffs could have

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India Targets 500 Hallmarking Districts this Year

Mumbai: The Indian gems and jewellery industry witnessed a momentous occasion as Mr. Pralhad Joshi, Union Minister of Consumer Affairs, Food & Public Distribution, and Minister of New & Renewable Energy, graced the prestigious India Gem & Jewellery Show (GJS) at Jio World Convention Centre, Mumbai. The event also marked the 25th anniversary of hallmarking of gold in India, a

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