We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
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
Top News
Delegation from Botswana Visits BDB
Mumbai: Bharat Diamond Bourse (BDB) recently hosted His Excellency, Mr. Gilbert S. Mangole, the esteemed High Commissioner of Botswana, along with Mr. Dipopego Julius Tsheko, Trade Attaché, on a visit aimed at fostering bilateral ties and exploring opportunities in the diamond industry. The visit took place on July 24, 2024 and included a comprehensive tour of the facilities and interactions
G&J Sector Welcomes the Union Budget
New Delhi: The Gem & Jewellery Export Promotion Council (GJEPC), India’s apex trade body for Gems & Jewellery) hailed the first Union Budget of Prime Minister Mr. Narendra Modi 3.0 government presented by Finance Minister Smt. Nirmala Sitharaman for the seventh historic time as a game changer for the indigenous gem & jewellery industry. Hon. Finance Minister acknowledged that India
PGI Welcomes Reduction on Platinum Duty
New Delhi: India’s Finance Minister Ms. Nirmala Sitharaman, on July 23, announced a cut in custom duty on gold and silver to 6%. Additionally, the finance minister further informed the customs duty slash on platinum to 6.4%. “To enhance domestic value addition in gold and precious metal jewellery in the country, I propose to reduce customs duties on gold and silver to
Honouring the GEMS of the G&J Industry
Mumbai: The India International Jewellery Show (IIJS) Premiere will felicitate the luminaries of the Gems & Jewellery industry recognizing their outstanding contributions with their dedication and passion that not only elevated the industry but also inspired generations of craftsmen and entrepreneurs. Some celebrated names among them include Mr. Joy Alukka, Mr. Varghese Alukka, Mr. John Alukka, Mr. Paul Alukka, etc.
Gems and Jewellery Show from 2 to 5 April
Mumbai: All India Gem and Jewellery Domestic Council (GJC) announced on Friday that it is organising the 5th edition of its flagship event India Gem and Jewellery Show (GJS April 2024) from 2nd to 5th April 2024 at the Jio World Convention Centre in Mumbai. GJS events are known as the Indian jewellers’ #HamaraApnaShow, and have become a ‘must to attend’ for future
Bookmark These Platinum Jewellery Trends
Mumbai: With the onset of spring, it’s time to take the style game a notch higher with jewellery trends that have the runways blazing! 2024 is all experimenting with these new style trends and letting your jewellery take centre stage! This year jewellery isn’t simply about accentuating a look or just following but about adapting that trend to express your
MoU to Recognize Artisans, Goldsmiths as ‘Vishwakarmas’
New Delhi: A Memorandum of Understanding (MoU) was signed between the Ministry of Skill Development and Entrepreneurship (MSDE) and the apex trade body, Gem & Jewellery Export Promotion Council (GJEPC) appointing GJEPC as implementing agency for Prime Minister PM Vishwakarma Scheme. The MoU was signed on 14th March in the august presence of Mr. Dharmendra Pradhan, Union Minister of Education,
GSI Launches B2B GSI Stock Exchange Platform
Mumbai: Gemological Science International (GSI), one of the gemological organizations, has introduced the cutting-edge B2B GSI Stock Exchange. This platform is meticulously crafted to aid jewellery manufacturers in efficiently sourcing goods for their GSI certified jewelry programs, providing a vital resource for seamless transactions within the industry. The GSI Stock Exchange offers both natural and lab-grown diamonds in its diverse
