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

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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

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India’s G&J Exports Recovers in June 2026

Mumbai: India’s gem and jewellery (G&J) exports rebounded sharply in June 2026, with gross exports rising 26.51% year-on-year to US$2.21 billion (Rs. 21,010.78 crore), signalling a recovery in overseas demand after a subdued start to the financial year. Despite the strong monthly performance, exports for the April-June quarter remained largely unchanged at US$6.61 billion (Rs. 62,588.61 crore), up just 0.04%

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GJEPC Personally Presents VIP Invitations for IIJS Bharat Premiere 2026

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) continued its outreach for IIJS Bharat Premiere 2026 by personally presenting VIP invitations to leading jewellers in Mumbai and Kozhikode, reinforcing industry engagement ahead of the country’s largest B2B gem and jewellery exhibition. The invitations were presented by Mansukh Kothari, Convenor – Events, GJEPC; Nirav Bhansali, Co-Convenor, National Events Sub-Committee, GJEPC;

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Newly Elected WFDB President Mehul Shah Shares Vision for Industry

Mumbai: Mehul Shah, Vice President of Bharat Diamond Bourse (BDB) and newly elected President of World Federation of Diamond Bourses (WFDB) said that he and the WFDB committee led by him will focus on reaffirming the industry’s collective commitment to strengthening consumer confidence, and reinforcing the enduring value of natural diamonds. “We will focus on implementing the shared global vision

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Senco Gold Opens Store in Bhubaneshwar

Bhubaneshwar: Senco Gold & Diamonds marked the beginning of the festive season with the grand launch of its flagship Janpath store in Bhubaneswar, inaugurated by actor Ms. Rakul Preet Singh. The occasion brought together festive glamour, timeless craftsmanship and contemporary design, offering customers an early glimpse into the season’s most coveted jewellery trends, from statement natural diamond creations for weddings

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VOD Becomes Strategic Hub for Global Jewellery

Dubai: April 14 – 17, 2016, saw the second edition of the international gold and jewellery trade show, organized by DV Global Link, a joint venture between Fiera di Vicenza and the Dubai World Trade Centre. The second edition of VICENZAORO Dubai has confirmed the event’s role as a new strategic platform for global jewellery. Organized in Dubai between 14

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Luvenus Jewellery is 'Authorised Diamond Dealer'

Singapore: Luvenus Jewellery Pte Ltd., a diamond and gold jewellery retailer has become Singapore’s first retail jeweller to join the WDM Authorised Diamond Dealer (ADD) programme, the World Diamond Mark Foundation announced in a statement last week. Describing the Singapore jewellery market as a micro-cosmos with a unique consumer profile of people from all over the world – locals, expats

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Speakers for 37th World Diamond Congress

Antwerp: With little more than a month to go to the 37th World Diamond Congress, the biennial meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), the WFDB is putting the final touches to the programme and has announced the speakers list for the meeting. The overarching theme of the Congress, which will

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Dominion Diamond Announces New Chairman

Toronto: Dominion Diamond Corp said that Robert Gannicott has retired as Chairman, with Jim Gowans appointed as non-executive Chairman of the Board of Directors with immediate effect. Gannicott will remain as a director of the company. Gowans was appointed to the Board of Directors on January 13. He has extensive operational experience in many aspects of the mining industry, including

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