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A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down
Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the
Top News
BDB Hosts Presentation on Fluorescence in Natural Diamonds by GIA Experts
Mumbai: In the latest round of Leadership Series talks hosted by Bharat Diamond Bourse (BDB), two senior experts from the Gemological Institute of America (GIA)-Mr. Sriram Natarajan, Senior Vice President, Global Laboratory Operations, GIA, and Dr. Yun Luo, Director, Metrology and Quality Control, GIA, highlighted some of the institute’s latest scientific research into the impact of fluorescence on the appearance of natural
INNOV8: Innovative Seminars at IIJS Premiere
Mumbai: The India International Jewellery Show (IIJS) Bharat Premiere 2026, being held by GJEPC between 5th & 10th August at two different venues of Mumbai has, as usual also organized the Innov8, a series of innovative seminar at both the venues. The schedule is given below: Some of the key sessions at BEC Hall 6 include:6 Aug: Luxury Jewellery, Retail
Qatar Diamond Exchange Joins the WFDB
Doha: The Qatar Diamond Exchange (QDE) has officially been admitted as a member of the World Federation of Diamond Bourses (WFDB), the exclusive organization that – as of now – unites 27 diamond bourses on five continents under common trading rules and a shared code of conduct. QDE’s admission was announced during the 41st World Diamond Congress, convened by the
Dassani Brothers to Launch New Collections at IIJS Premiere 2026
Mumbai: Dassani Brothers, a pioneer in the manufacturing of exquisite Polki and Jadau jewellery, will unveil two signature collections GATSBY and RAAGINI at IIJS Premiere 2026. Inspired by the brand’s Heritage Meets Modern philosophy, the collections showcase four generations of craftsmanship, blending timeless artistry with contemporary design. The GATSBY Collection draws inspiration from the bold geometry and glamour of the Art Deco era,
De Beers Forevermark Organized 10th Annual Forum
Mumbai: De Beers Forevermark held its 10th annual forum in Mumbai from 24th to 26th August 2021. Hosting a hybrid virtual and in person event, the diamond brand reached over 8 lac partners, diamantaires, manufacturers and patrons. This year’s theme ‘Make Life Brilliant’ reflects De Beers’ purpose and belief that its diamonds have the power to Make Life Brilliant for its customers, communities, and the
Hurry to Register: 16 Days to Go for IIJS Premiere
Mumbai: Registration for IIJS Premiere 2021, which is being held in Bengaluru for the first time, is in full swing. The registration process is completely online and the organizer Gem & Jewellery Export Promotion Council (GJEPC) requests all those eager participants and visitors to get themselves registered as there are only 16 days remaining for the commencement of the show.
GET-Diamonds to Exhibit at JCK, Las Vegas
Antwerp: GET-Diamonds, the B2B diamond trading site owned by the World Federation of Diamond Bourses (WFDB), will exhibit at the JCK Show in Las Vegas later this month. This is the first time that GET-Diamonds, which draws from the vast global network of the WFDB, will specifically target the U.S. market, especially retailers. The move is seen as an important
IIJS Premiere to Help Achieve G&J Export Target
New Delhi: The Gem & Jewellery Export Promotion Council (GJEPC) in association with World Gold Council (WGC), organised the IIJS Premiere 2021 roadshow at New Delhi. It witnessed the participation of leading jewellery Retailers , Manufacturers and trade associations from Delhi and neighbouring areas. IIJS Premiere 2021, one of Asia’s leading Gem & Jewellery trade exhibitions, will be held at
