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
GJEPC Launches First-of-its-Kind IJEX
Dubai: India and the United Arab Emirates celebrated the first anniversary of the Comprehensive Economic Partnership Agreement (CEPA). Commemorating the 1st year of India-UAE CEPA, apex trade body Gem & Jewellery Export Promotion Council (GJEPC) launched the first-of-its-kind India Jewellery Exposition Centre (IJEX), the 365-day exhibition platform in Dubai. His Excellency Mr. Juma Al Kait said, “Today as we celebrate
CIBJO Congress in Jaipur from Oct. 3-5, 2023
Milan: The World Jewellery Confederation (CIBJO) will hold its 2023 annual congress in Jaipur, in the Indian State of Rajasthan, from October 3 to October 5. Pre-congress meetings will be held on October 1 and 2. The 2023 Congress, which will take place at the Jaipur Exhibition and Congress Centre (JECC), is being hosted by the Gem & Jewellery Export
WFDB Enters into Partnership with NDC
Antwerp: The World Federation of Diamond Bourses (WFDB) has entered into a partnership with the Natural Diamond Council (NDC) to support the growth of the industry. WFDB will work together with the NDC to identify ways in which the values of natural diamonds can reach more consumers through the direct reach of the WFDB, its member bourses, and their individual
GIA Updates Pearl Reports With “Peacock”
GIA’s industry analysis yielded the identification of the colour range that was commonly agreed upon within the pearl trade as “peacock”. The general description of that colour range is: a body colour with a hue that contains green, of mid-to-strong saturation and mid-to-dark tone, and with moderate or stronger overtone (usually pink, but may be other hues) or orient. Mumbai:
Cen. Bank Gold Demand to Rise in 2025: WGC
Mumbai: More than eight in ten (81%) of respondents have indicated that they expect reserve managers will continue to increase their gold holdings in the next 12 months, according to new data released by the World Gold Council (WGC). This is the highest ever recorded since its 2019 annual survey. The 2024 Central Banks Gold Reserves (CBGR) survey, which collected
PM Vishwakarma Training Program for Jewellery Artisans at IIGJ Udupi
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) launched the PM Vishwakarma Training Program at Indian Institute of Gem & Jewellery (IIGJ), Udupi (Mangalore, Karnataka) in an endeavour to empower the artisans of the gem and jewellery industry and enhancing their skills and productivity. Participants of the program will receive a toolkit valued at ₹15,000 from the Government of
Govt. Clarifies Re-Import Rules for Unsold Jewellery at Exhibitions
New Delhi: India’s Ministry of Commerce & Industry has issued a crucial clarification concerning the re-import of unsold jewellery exported for exhibitions under specific conditions outlined in the Handbook of Procedure, 2023. This announcement follows recent amendments to the import policy for certain jewellery items. The Directorate General of Foreign Trade (DGFT), Department of Commerce, Ministry of Commerce & Industry,
7th Platinum BSM on 4th & 5th July
Kochi: Platinum Guild International (PGI)-India has organized the highly anticipated 7th edition of its prestigious flagship event, the Platinum Buyer-Seller Meet (BSM) in Kochi. The marquee event will be held on 4th and 5th of July 2024, bringing together 16 official platinum jewellery manufacturers and leading names in retail jewellery business under the PGI programme. Renowned for its focus on design and
