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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Zimbabwe Set to Become Chairman of ADPA

Harare: Zimbabwe is set to take over the chairmanship of the African Diamond Producers Association (ADPA) from Tanzania when they meet in Victoria Falls this week. The southern African country is the current deputy chair of ADPA.“As the incoming ADPA chair in 2023, the Republic of Zimbabwe is expected to carry out the following mandate, among others: ensuring that African

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IGJS from 10th to 12th May in Jaipur

New Delhi: Ministry of commerce & Industry Government of India and Gem & Jewellery Export Promotion Council (GJEPC) are jointly  providing an exclusive opportunity to meet international buyers at India Gem & Jewellery show (IGJS), Jaipur scheduled to be held from 10th to 12th May 2022 at JECC Jaipur. In a statement, the GJEPC said, “Looking at the improving current

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Moscow Diamond Bourse No Longer WFDB Member

Antwerp: The World Federation of Diamond Bourses (WFDB) announced yesterday that the Moscow Diamond Bourse has suspended its membership in the organization. The move comes after the Moscow bourse temporarily stopped its activity on March 7, 2022. The official letter from the Moscow bourse, dated April 3, 2022, states: “We look forward to see the end of hostilities and hope that

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India Gem & Jewellery Show Inaugurated

Mumbai:  Mr. Raosaheb Danve, Union Minister of state for Railways, Coal and Mines, Government of India, inaugurated “INDIA GEM & JEWELLERY SHOW (GJS 2022)” along with Mr. Ashish Pethe (Chairman GJC), Mr. Saiyam Mehra (Vice Chairman GJC & Convener GJS), Mr. Avinash Gupta (Co Convener GJS), Mr. Nilesh Shobhawat (Co Convener GJS) and GJC COA’s accompanied by industry delegates. All

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