Despite the Fed’s First Rate Hike Since 2023, Indian Gold & Silver Rise as Oil Drives Prices

Macro Snapshot: Federal Reserve raised its target range by 25 basis points to 3.75% to 4.00% on 16 September, a unanimous 12-0 vote and the first increase since July 2023. Updated projections showed 16 of 18 participants expecting at least one further hike before the end of 2026, put the median path at 4.1% for both 2026 and 2027, and pencilled headline PCE inflation at 3.7% for 2026 with no return to the 2% target until 2029. Bond and currency

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Despite the Fed’s First Rate Hike Since 2023, Indian Gold & Silver Rise as Oil Drives Prices

Macro Snapshot: Federal Reserve raised its target range by 25 basis points to 3.75% to 4.00% on 16 September, a unanimous 12-0 vote and the first increase since July 2023. Updated projections showed 16 of 18 participants expecting at least one further hike before the end of 2026, put the median path at 4.1% for both 2026 and 2027, and pencilled headline PCE inflation at 3.7% for 2026 with no return to the 2% target until 2029. Bond and currency

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IIJS Premiere: Overseas Buyers Passport Scheme for Int’l Buyers

Mumbai: For the IIJS Bharat Premiere 2026, the Gem and Jewellery Export Promotion Council (GJEPC) has launched an exclusive Overseas Buyers Passport Scheme. Participating International buyers can win a fixed flight reimbursement of USD 525 through a lucky draw. This initiative has been designed to encourage overseas buyers to explore a wider range of exhibitors across the show, thereby fostering

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India-UK Buyer Seller Meet Concludes Successfully

London: The India-UK Jewellery Buyer-Seller Meet 2026 concluded successfully, bringing together 20 leading Indian gem & jewellery manufacturers and prominent UK buyers to explore new business opportunities and strengthen bilateral trade ties. Held at the Arsenal Executive Box, Emirates Stadium, London, the two-day meet served as a dynamic platform for meaningful networking, strategic partnerships, and high-value business discussions. With the

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Mehul Shah Elected President of WFDB

Mumbai: Mehul Shah, Vice President of Bharat Diamond Bourse has been elected President of World Federation of Diamond Bourses, (WFDB) the apex global body of the diamond trade comprising 26 Diamond Bourses from across the Globe and 6 affiliated members.  The election took place on Monday, July 12, during the ongoing World Diamond Congress in Singapore.  Leaders of the 21

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HRD Design Awards Coming to India

Mumbai: For 40 years, the HRD Design Awards have celebrated the world’s finest jewellery design talent. Now, for the first time in its history, the awards are coming to India. Designers, jewellers, students, goldsmiths, and creative talents from around the world are invited to submit their entries and compete on a global stage. THEME “Where Earth Meets Eternity Born from the

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KP Commission to Strengthen Diamond Industry

Luanda: The Kimberly Process Commission will strengthen the diamond industry in 2015 and face with more responsibility the challenge of sustainability in favour of the future generations. This was announced Thursday in Luanda by Kimberly Process Certification System official, Estanislau Buio. The official was speaking about Angola’s presidency of the Kimberly Process, during the 3rd Consultative Council of the Ministry

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Antwerp Diamond Pavilion Expands at HK Show

Antwerp: From 15 September to 19 September, Antwerp World Diamond Center (AWDC) will again participate at the Hong Kong International Jewellery Show. The Antwerp Diamond Pavilion at this fair keeps expanding every year. With three additional companies coming on board, no less than 99 Antwerp diamond companies will be exhibiting their goods. The Hong Kong Jewellery and Gem Fair in

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Alternate Venue for SDB Proposed

Surat: Faced with criticism and agitation by farmers and NGOs crusading for green environment in the city, diamond barons, who were lobbying with the state government for 2 lakh square metre of Navsari Agriculture University (NAU) land at Ghod Dod Road for the proposed Surat Diamond Bourse (SDB), have now decided to back off, reports The Times of India. They

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$6m Diamond Goes Missing

Windhoek: Police in Namibia are hunting for a 78-carat diamond after the gem went missing during a recent strike by 1,500 workers of the Namibia Diamond Trading Company. NDTC, like the mining firm Namdeb, is a 50-50 joint venture between Anglo American’s De Beers unit and the Namibian government with a history dating back to the 1920s. Bloomberg reports the

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