We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
Top News
India's G&J Exports Grow 11.83% in November
Mumbai: The rise in gem & jewellery (G&J) exports in November after a steep fall in October 2022, indicates the predicted resumption in manufacturing activity post the Diwali break. In November 2022, the G&J exports grew 11.83% to ₹19855.17 crores (2.05% in dollar terms to $ 2429.86 million) as compared to ₹17755.28 crores (US$ 2380.97 million) for the same period
Sarine Wins Court Case against Surat Software Pirates
Surat: Israel-based Sarine Technologies said an Indian court has ruled against the illegal use of pirated Advisor® software by Surat-based companies. Following the lawsuit filed by Sarine and the subsequent court-ordered raids, the court has found five manufacturers in Surat guilty of copyright infringement and the illegal use of pirated Advisor® rough planning software. Sarine said that due to the
GJEPC & SEEPZ Sign MoU for Execution of Mega CFC
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) and Santacruz Electronics Export Processing Zone (SEEPZ), Mumbai signed an MoU on 7th December 2022, defining their respective responsibilities in developing, executing, and running of the Mega Common Facility Centre (CFC) at SEEPZ Mumbai. The MoU for the execution and running of the Mega CFC was signed by Mr. Vipul Shah,
'indiamoderne' is the Theme of Artisan Awards 2023
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has announced the launch of the 6th edition of The Artisan Awards, country’s premier jewellery design competition. The prestigious annual contest invites designers from India and overseas to submit their entries, showcasing excellence and innovation in jewellery design. The main theme for 2023 is indiamoderne, where the world of art will inspire jewellery
IIGJ Launches Pearl Identification Service
Jaipur: IIGJ-Research & Laboratories Centre (IIGJ-RLC), a unit of the Gem & Jewellery Export Promotion Council (GJEPC) has launched the much awaited service of pearl identification in Jaipur on 7th March 2024. Mr. Vipul Shah, Chairman of the GJEPC, along with Mr. Kirit Bhansali, Vice Chairman (GJEPC), Mr. Nirmal Kumar Bardiya, Regional Chairman (GJEPC Rajasthan Region), Dr. Nawal Kishore Agrawal,
India’s 1st Mega CFC for G&J Ind. Opens
Mumbai: India’s first Mega Common Facility Centre opens in SEEPZ SEZ Mumbai for the gem & jewellery industry. Shri Piyush Goyal, Hon. Union Minister for Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, Govt of India, graced the commencement ceremony of Bharat Ratnam, India’s pioneering Mega Common Facility Centre (CFC) situated in SEEPZ SEZ, Mumbai. Bharat Ratnam
Devendra Fadnavis Inaugurates G&J Training & Skilling Centre
Ratnagiri: Mr. Devendra Fadnavis (Hon’ble Deputy Chief Minister of Maharashtra) and Mr. Uday Samant (Hon’ble Minister of Industries) inaugurated a gem and Jewellery (G&J) training & skilling center in Ratnagiri. This initiative has been spearheaded by the apex trade body Gem & Jewellery Export Promotion Council (GJEPC) sponsored by the Union Ministry of Commerce & Industry. As India is being
Pact with EFTA to Triple G&J Exports
Mumbai: The Trade and Economic Partnership Agreement (TEPA) between India and European Free Trade Association (EFTA) has opened immense opportunities for Indian gem and jewellery (G&J) sector to enhance its exports to the untapped EFTA countries especially to Switzerland. EFTA countries have removed customs duties on the entire chapter 71 (Gem and Jewellery products) enabling Indian exporters of G&J to
