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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Shine this Season with Platinum Evara

Mumbai: A time of joyous celebration with family and friends, the festive and party season brings along a slew of special events and gatherings to attend. While selecting the perfect outfit for each occasion might seem like a task, let your jewellery be the focal point of your look, as you choose from an exquisite range of platinum jewellery pieces

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GJEPC Inducts 2 New Members on its Board for 2022-24

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) has inducted two new members on its Committee of Administration (CoA) for the term period 2022-24. Mr. Anil Virani is named a Member of the Diamond Panel (Reserved Category for Status Holder Exporters) and Ms. Khushboo Ranawat has been appointed as a Member of Gold Jewellery and Other Precious Metal Jewellery

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India's G&J Exports Up by 7.90% During April-Oct 2022

Mumbai: India’s robust gem & jewellery export performance in the first six months of the financial year 2022-23 has helped to maintain growth for the period April to October 2022, despite a sharp dip in exports in the month of October 2022. The decline in exports in the month of October or November is a seasonal trend consistent with previous

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Rajesh Exports' Revenue Nearly Doubles

Bengaluru: (By Evaluate Research): Rajesh Exports reported stellar results, ahead of our expectations, both in terms of revenues as well as profits, for the fiscal second quarter [ended September]. The performance indicates a sharp comeback given flattish growth in the previous quarter.  Revenue increased significantly by 95% YoY to Rs.803 bn vs. Rs.413 bn in Q2 FY2022. The correction in

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IFSCA Permits GJEPC RCMC Holders to Import Gold, Silver Through IIBX

Mumbai: The International Financial Services Centres Authority (IFSCA), the unified regulator overseeing financial activities in GIFT City, has accepted key recommendations made by the Gem & Jewellery Export Promotion Council (GJEPC), allowing holders of a valid Registration-cum-Membership Certificate (RCMC) to access bullion imports through the India International Bullion Exchange (IIBX). Under a revised circular issued on 15 June 2026, valid

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A Webinar on IIBX Gold Supply Mechanism

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in association with IIBX, is organizing a webinar on “IIBX Gold Supply Mechanism for GJEPC Members and SEZ Units” on 19th June 2026 to provide insights into the gold procurement framework through the India International Bullion Exchange (IIBX). The webinar is scheduled from 3 pm onwards. Mr. Ashok Kumar Gautam, MD

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Central Banks Set to Step up Gold Buying over the Next Year

London: The World Gold Council’s (WGC) annual Central Banks Gold Reserves Survey reveals that 89% of reserve managers expect global central bank gold holdings to continue increasing over the next 12 months. With gold recently overtaking US government bonds as the top reserve asset, the findings point to continued momentum in central bank demand for gold. That confidence is also

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India’s G&J Exports Stood at US$ 4.27 Bln in April–May 2026

Mumbai: India’s gem and jewellery exports stood at US$ 4.27 billion (Rs. 40,398.97 crore) during April–May 2026 as compared to US$ 4.55 billion (Rs. 38,848.42 crore) during the corresponding period of the previous year. While overall exports declined by 6.03% in dollar terms, they registered a growth of 3.99% in rupee terms. The figures are provided by India’s Gem &

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