We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Top News
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
New Tariff Puts India’s G&J Exports Under Pressure
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has taken note of the United States’ transition from the temporary Section 122 balance-of-payments surcharge to the new Section 301 tariff regime, effective from 24 July 2026, under which the additional tariff on Indian gem and jewellery (G&J) exports remain unchanged at 10%. The new tariff framework follows the conclusion of investigations
India's G&J Exports on Recovery Path
Mumbai: India’s gems and jewellery exports have shown signs of recovery and has registered at USD 1764.06 Million in August 2020, as compared to USD 36 Million in April 2020. The recovery is due to growth in demand for diamonds and jewellery in international markets like US, China, Europe etc. which have opened for trade. However, as compared with a
Surat Bounces back to Normalcy
Mumbai: Surat, the world’s leading cutting and polishing diamond manufacturing hub, is humming again. Despite the imposed restrictions due to the pandemic till sometime back, many leading manufacturers aren’t reporting any new Covid cases. Mr. Colin Shah, Chairman of India’s Gem and Jewellery Export Promotion Council (GJEPC) said, “Cut and polished diamonds are a major contributor to the overall India’s
New Natural Diamond Price Guide Launched
Tel Aviv: UNI Diamonds, a fintech company focused on building a global marketplace for diamonds, has announced a strategic relationship with a leading diamond price organisation and IDEX (International Diamond Exchange) to create the first fully-transparent and unbiased price guide for the natural polished diamond industry. The Diamond Price Guide provides up-to-date wholesale market prices guidance. It is based on
Jewellery & Gem Digital World Gears up for Oct. Debut
Hong Kong: Informa Markets Jewellery and Atelier Technology jointly launched today Jewellery & Gem Digital World (J&G Digital World), the first in a series of virtual events that will bring the global jewellery marketplace right to your home. Scheduled for 27 – 29 October, J&G Digital World will be live 24 hours a day during the event period with exhibitors’ individual team members having the flexibility
