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Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors
Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly
Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors
Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly
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41st World Diamond Congress Kicks Off in Singapore
Singapore: With almost every seat taken in the Atrium Ballroom of Singapore’s Park Collection Hotel in City Island’s Marina Bay district, the 41st World Diamond Congress kicked off on July 13. In his welcome speech, Fabio Cascapera, Chair of the Congress Organising Committee and President of the Diamond Exchange of Singapore (DES), noted that since the 24th World Diamond Congress was held in Singapore
Rapaport Melee Auction at Bharat Ratnam Mega CFC
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in association with SEEPZ Mumbai, invites members of the gem & jewellery industry to participate in the Rapaport Melee Auction at the Bharat Ratnam Mega CFC from 13th to 16th July. This is an excellent opportunity to source quality melee diamonds through a globally trusted auction platform while connecting with the
IIJS Bharat Premiere 2026 Promotion Across Thailand
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has expanded its promotional campaign for IIJS Bharat Premiere 2026 across Thailand through a series of meetings with the Embassy of India, leading industry associations, government institutions and jewellery retailers. Varun Chulet, Assistant Director, GJEPC Jaipur, led the outreach aimed at strengthening bilateral trade ties and encouraging greater Thai participation in
20 under 40: Celebrating the Next Generation of Leaders
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC)’s 20 Under Forty Awards celebrate exceptional young leaders shaping the gem and jewellery industry. The GJEPC recently opened nominations for the 2026 edition. Honorees will be recognized at IIJS Bharat – Premiere 2026, being held August 5–9 at the Jio World Convention Centre and August 6–10 at the Bombay Exhibition Centre
Jewellery Hand Carriage Facilitation Centre Opened at Mumbai Airport
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in collaboration with Mumbai Customs, formally inaugurated the Jewellery Hand Carriage Facilitation Centre at Chhatrapati Shivaji Maharaj International Airport (CSMIA), Terminal 2, on 16th July 2025. The facilitation centre was inaugurated by Mr. Surjit Bhujbal, Member Customs, CBIC, in the presence of Mrs. Prachi Saroop, Principal Chief Commissioner, Mr. Alok Jha,
Despite Challenges, Gold is Well Positioned
Mumbai: Gold entered the second half of 2025 following an exceptionally strong performance in the first six months of the year, with prices rising 26%. This surge was driven by a weaker US dollar, ongoing geopolitical tensions, strong investor interest, and sustained central bank buying, according to the World Gold Council’s (WGC) mid-year outlook released on Tuesday, July 15. While
GJEPC Targets Saudi Arabia to Expand G&J Exports
Jeddah: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem and jewellery trade in India, with the support of the Ministry of Commerce & Industry, Government of India; the Embassy of India in Riyadh; the Consulate General of India in Jeddah; and the Dubai Jewellery Group, successfully launched SAJEX – The Saudi Arabia Jewellery Exposition
GJSCI Gets Skill Development Leadership Award
Mumbai: World Education Congress 2025 at its 14th Edition honoured The Gem & Jewellery Skill Council of India “The Skill Development Leadership Award” under the title The New Education Paradigms. The World Education Congress 2025 is governed by Global Advisory Council which guides the strategic intent of the congress to its logical success. The World HRD Congress, is a global forum committed
