We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
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
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
Top News
IIJS Bharat Premiere Receives Special Messages from India’s FM, Gujarat CM
Mumbai: IIJS Bharat – Premiere 2026 has received special messages from India’s Finance Minister and Minister of Corporate Affairs, Mrs. Nirmala Sitharaman and also from Gujarat Chief Minister Mr. Bhupendra Patel, recognizing India’s growing leadership in the global gem & jewellery industry. IIJS Bharat Premiere has grown into one of the world’s leading business platforms for the gem and jewellery
PNG Jewellers Achieves Record Q1 FY27 Revenue of 24,130 Mn
Pune: P N Gadgil Jewellers Limited has announced its unaudited financial results for the quarter ended 30th June 2026. Key Financial & Operational Highlights: § Retail Contribution: Retail sales continued to strengthen, with the retail share of total revenue increasing to 78% in Q1 FY27 from 70% in Q1 FY26, reflecting the Company’s continued focus on expanding its high-margin retail business. § Strong Same-Store Performance: The Company delivered a robust Same-Store Sales Growth (SSSG) of 46.1% YoY, driven by healthy
US Tariff Could Dent Growth of India’s G&J Industry: GJC
Mumbai: The United States (US) has maintained a 10% additional tariff on Indian gem and jewellery (G&J) exports under a permanent Section 301 regime, which replaced the previous temporary Section 122 surcharge on July 24, 2026. This duty applies to natural diamonds, lab-grown diamonds, coloured gemstones, and finished jewellery, impacting India’s primary overseas market. Expressing his dissatisfaction on the move,
The Platinum Buyer Seller Meet Ends Successfully
Kochi: The Platinum Buyer-Seller Meet (BSM) 2026, hosted by Platinum Guild International (PGI) in Kochi on 8th & 9th July, brought together 10 manufacturers, more than 70 retailers and industry partners for discussions on product innovation, changing consumer demand and the future growth of platinum jewellery in India. Over the last few years, platinum jewellery has sustained double-digit growth in
Platinum Demand Surged 25% in 2023: WPIC
Mumbai: World Platinum Investment Council (WPIC) has published a new study of the platinum market that says the demand surged 25% in 2023 to 8 million ounces, while total supply fell to 7.13 million ounces. Analysts at WPIC believe that platinum demand will remain robust in 2024, however it is expected to drop by 6% to 7.51 million ounces. Meanwhile,
Development of Clear Sustainability Strategies Now Imperative
Milan: The development of coherent and well communicated strategies that address environmental and social sustainability issues, responsible sourcing and proper governance are now management requestites in the jewellery gemstone and precious metals industries, Gaetano Cavalieri, President of the World Jewellery Confederation (CIBJO) has told an international group of graduate students during a lecture he delivered on February 28, 2024, at
GJEPC Explores Partnership with France’s Luxury Sector
Mumbai: India and France are looking to strengthen their ties in the luxury sector, as they held a meeting on 28th February to discuss the opportunities and challenges of collaboration. The meeting was attended by Mr. Eric Fajole, Trade Commissioner at the Embassy of France in India, and Mr. Ashish Kothari, Co-Convener, SEZ Sub-Committee, GJEPC, along with other representatives from
WFDB Calls to Action Regarding G7 Diamond Restrictions
Antwerp: The World Federation of Diamond Bourses (WFDB) has launched a campaign to unite the industry in presenting its concerns regarding the proposed G7 restrictions on diamonds. The WFDB has sent out a letter recently to the G7 and EU government representatives, detailing the challenges that the “one import node” solution creates for the industry. In addition to the signature
