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

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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

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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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‘VAIRAM’ Charts Course for India’s LGD Supremacy

Chennai: The Vajra Industry Research & Academic Meet (VAIRAM) Workshop 2025, held on 10th February at the Indian Institute of Technology (IIT) Madras Research Park in Chennai, emerged as a landmark event in the lab-grown diamond (LGD) sector in India. Organized by India Centre for Lab Grown Diamond (InCent-LGD) at IIT Madras in association with GJEPC, the VAIRAM workshop provided

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GJC Requests a Reduction in GST to 1.25%

Mumbai: All India Gem & Jewellery Domestic Council (GJC), the premier body for jewellers, has urged the government to rationalize the Goods and Services Tax (GST) on bullion and precious ornaments, reducing it to 1.25% from the current 3% to ease the burden on consumers and boost sales. GJC appreciates Finance Minister Smt. Nirmala Sitharaman while urging the GST council

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CIBJO Guidelines for Measuring ESG Performance 

Milan: One year after its release of a breakthrough guidance document that first outlined environmental, social and governance (ESG) principles for the jewellery industry, the World Jewellery Confederation (CIBJO) has followed up with a set of guidelines for measuring ESG performance in the distribution chain. And while the first document was geared primarily for companies handling laboratory-grown diamonds, the new

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Understanding Global Supply of Emerald, Ruby & Sapphire

Mumbai: Gemfields, a leading global miner of coloured gemstones, has released a comprehensive new report titled Understanding the Global Supply of Emerald, Ruby and Sapphire. Key Findings and Objectives: The report sets out three primary objectives: updating data from the previous study, incorporating market analysis of sapphire, and integrating new data sources through collaboration with miners, associations, cooperatives, and consultants.

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