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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
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Anupam Kher, Sonali Bendre Grace 48th IGJA
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) hosted the 48th edition of India Gem and Jewellery Awards (IGJA), in association with World Gold Council, powered by GIA and co-partner Gold Star. A total of 35 awards were given away at IGJA 2021, one of the foremost recognition platforms for the jewellery sector in India, encouraging exports and award excellence
Deepika Padukone Graces GJEPC’s ‘Jewellers for Hope’ Charity Dinner
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) organised the 7th edition of its charity dinner ‘Jewellers for Hope’ in association with World Gold Council (WGC), De Beers, and Powered by GIA. As every year, this year too, the event raised Rs. 1 Crore from Jewellers. The proceeds of the charity dinner were donated to leading Bollywood actress Deepika
Hema Malini Inaugurated the IIJS Premiere 2022
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem & jewellery trade, kick started its flagship show IIJS premiere 2022 today. The show was inaugurated by Ms. Hema Malini, Member of Parliament along with Mr. Colin Shah, Chairman, GJEPC; Mr. Vipul Shah, Vice Chairman, GJEPC; Mr. Shailesh Sangani, Convener, National Exhibitions, GJEPC; and Mr.
WGC Launches SRO for India’s Gold Ind.
Mumbai: The World Gold Council (WGC) launched the country’s first Self-Regulatory Organisation (SRO) for the gold industry to promote the Swarna Adarsh Abhiyan (SAA) as an umbrella brand of industry’s best practices. The professionally-run SRO will build on the work of the SAA initiative – devising code of conduct for every industry vertical, providing certification for members who adopt these
2-Day G&J Buyer Seller Meet Opened on 7th
Mumbai: The Gem & Jewellery Buyer Seller Meet (BSM) 2025 organized by India’s Gem & Jewellery Export Promotion Council was inaugurated today at Bharat Ratnam Mega CFC, Mumbai. The occasion was graced by the august presence of Mr. Dnyaneshwar B. Patil, IAS, Zonal Development Commissioner, SEEPZ alongside Mr. Kirit Bhansali , Chairman, GJEPC and Mr. Sabyasachi Ray, Executive Director, GJEPC
Nikita Porwal Appointed Brand Ambassador of GJC
Mumbai: The 7th Edition of India Gem and Jewellery show (GJS) #HumaraApnaShow, was inaugurated in a grand ceremony at the Jio World Convention Centre in Mumbai. Marking this special occasion, the apex industry body, All India Gem and Jewellery Domestic Council (GJC) introduced Miss Nikita Porwal, Miss India 2024, as its new brand ambassador. The GJS April 2025 marks the beginning of an exquisite showcase of
IGJS Inaugurated in Jaipur
Jaipur: Amid the evolving global trade landscape, India’s Gem & Jewellery Export Promotion Council (GJEPC) inaugurated the International Gem & Jewellery Show (IGJS) Jaipur 2025 today, reinforcing India’s commitment to strengthening its gem and jewellery industry as it navigates the recent announcement of a 27% reciprocal tariff by the US administration on Indian exports. The 4th edition of IGJS Jaipur,
GJEPC Analizes Reciprocal Tarrif
Mumbai: The US President Donald Trump announced reciprocal tariffs affecting over 180 countries, including a 26% tariff on India. As a result, the market has reacted negatively. Trump’s ‘Liberation Day’ announcements had no country-specific exclusions as he announced new tariff rates for more than 180 countries. Apart from country-specific tariffs, Trump also announced the imposition of a 10% baseline tariff.
