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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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

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GJEPC Gears Up Industry for India–UK CETA Rollout

Mumbai: The implementation of the landmark India–UK Free Trade Agreement (FTA) on 15 July 2026 marks a transformative milestone for India’s gem and jewellery industry, opening the door to significantly greater market access, enhanced competitiveness and accelerated bilateral trade with one of its key export markets. With zero-duty access for nearly 99% of Indian exports to the UK, the agreement

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Global Gold City Project Announced

Hyderabad: Goldsikka Limited, a Hyderabad based Company, has introduced the Global Gold City Project (GGC), a pioneering initiative to establish India’s first integrated gold ecosystem. This project will consolidate mining, refining, trading, manufacturing, and digital infrastructure into a single hub, positioning India as a global leader in the gold industry. The project’s main objective is to Build a world class gold

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P N Gadgil Jewellers Reports Revenue Growth of 41% YoY

Mumbai: P N Gadgil Jewellers has recently announced its quarterly results. The Company delivered a strong performance in Q1 FY27, reporting robust revenue growth of 41% YoY. The Retail segment grew 56% YoY, with robust same-store sales growth (SSSG) of 46% YoY as the primary driver, indicating that the growth was substantially organic in nature, driven by deeper customer engagement

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IIJS Premiere 2022 All Set to Start from 4th August

Mumbai: IIJS Premiere 2022, the most coveted show of the year, is all set to welcome buyers and visitors from across India and different parts of the world from 4th to 8th August 2022 at Bombay Exhibition Centre, Goregaon, Mumbai. This 38th edition of IIJS Premiere will witness more than 1700 exhibitors, showcasing a range of products including Gold &

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GJEPC Organizes First-Ever IJEX BSM in Dubai

Dubai: India’s Gem & Jewellery Export Promotion Council (GJEPC) along with the embassy of India in UAE organized the first-ever IJEX BSM in conjunction with IIJS Premiere 2022 roadshow on 19th July in Dubai. The event saw leading retailers from UAE connecting with top gem & jewellery manufacturers from India. The event was graced by His Excellency Sunjay Sudhir, Ambassador

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Get-Diamonds Launches AR Tool VIRTUAL HAND

Antwerp: Get-Diamonds, the world’s largest B2B online platform for listing polished diamonds, owned by the World Federation of Diamond Bourses (WFDB), has launched VIRTUAL HAND, an augmented reality tool that enables users to virtually try-on a variety of diamond rings in different sizes, cuts, and settings, using computerized imaging. Get-Diamonds is the only B2B online platform to offer this tool. According

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Israeli Diamonds Continue Upward Trend in H1 2022

Ramat Gan: Figures released by the Israel Diamond Controller for the first half of 2022 show that the positive trend in the diamond industry continued. All four major trade categories reported growth from January to June 2022, continuing the upward trend of the past 18 months. In the first half of the year, net imports of rough diamonds to Israel

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