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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Recognizing Young Talents in 40 Under 40

Mumbai: 40 Young and bright talents of the gem and jewellery industry were awarded at 40 under 40 in the 40th edition of IIJS PREMIERE. This was the second batch of 40 under 40. The initiative recognizes the outstanding achievements of these young talents who are revolutionizing the gem and jewellery landscape through technological innovations and dynamic visions. The Show

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De Beers Called off its August Sight 

Gaborone: In yet another sign of the diamond market’s troubles, De Beers has called off the sight it scheduled for August and is combining it with the one that had been planned for October. The new merged sight will take place Sept. 23-27. That means De Beers will have nine allocations this year instead of its traditional 10, though a

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Mumbai to Get Bigger Exhibition-Convention Centre

Mumbai: A new bigger Exhibition & Convention Centre in Mumbai and ‘Smart Manufacturing’ will be included in the new Industrial Policy of Maharashtra, which will be announced in September 2024, announced Dr. Harshdeep Kamble, IAS, Principal Secretary (Industries) Govt. of Maharashtra, at the India International Jewellery Show (IIJS) Premiere show organized by the Gem & Jewellery Export Promotion Council (GJEPC).

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Piyush Goyal Announces Introduction of Diamond Imprest Licence

Mumbai: Mr. Piyush Goyal, Hon’ble Minster of Commerce & Industry, Govt. of India, announced the introduction of the Diamond Imprest Licence during his  interactive session at the 40th edition of India International Jewellery Show 2024, the flagship show of the Gem & Jewellery Export Promotion Council (GJEPC) held at the Bombay Exhibition Centre (BEC), NESCO, Goregaon. The Diamond Imprest Licence will

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GJEPC Organized IJEX FAM Programme

Dubai: The five-day Familiarization (FAM) Program by GJEPC’s India Jewellery Exposition Centre (IJEX), Dubai, provided Indian jewellery exporters with comprehensive insights into the Middle East market, focusing on regional dynamics, consumer preferences, and retail environments across the UAE. The 6th batch of the IJEX FAM Programme, initiated and facilitated under GJEPC’s Export Mentorship Programme (EMP), delivered a structured five-day immersion

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Augmont Launches SPOT 2.0 for Efficient Business

Mumbai: Augmont, India’s Gold Platform has announced the launch of SPOT 2.0 — an improved trading platform application that consolidates every Augmont product and service into a single, secure, and intuitive interface. Designed specifically for jewellers, manufacturers, and retail customers, SPOT 2.0 replaces the fragmentation of multiple tools under a unified platform that puts the entire bullion trading ecosystem offered by Augmont

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Lukson Jewels Grows with 25% Month on Month Expansion

Mumbai: Lukson Jewels, India’s emerging lab grown diamond (LGD) jewellery brand founded by third generation diamantaire Anand Lukhi, is witnessing accelerated growth as demand for conscious luxury and everyday fine jewellery rises among Millennial and Gen Z consumers. Backed by the 34-year legacy of the JK Star Group, the brand continues to strengthen its position within the evolving fine jewellery

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GJEPC Offers Exciting Prizes at IIJS Tritiya Show

Bengaluru: Count-down has begun for the much awaited IIJS Bharat Tritiya Show at Bengaluru International Exhibition Centre to be held between 21st to 23rd March 2026. India’s Gem & Jewellery Export Promotion Council (GJEPC), the organizer of the Show has added a new attraction this year offering bumper prices like Mercedes Benz, Mahindra Thar cars and many more. The Mega

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