A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down

Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the

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A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down

Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the

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Men of Platinum Contest Winners Meet KL Rahul

Mumbai: This cricket season brought to the fore a lot more than sheer talent and performance excellence as is characteristic of the game. It was the display of the finest form of sportsmanship by men who exemplify exceptional values such as courage, perseverance, self – belief and resilience. To mark the season, Men of Platinum had released a film with

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52 Indian Exhibitors to Participate in JCK Las Vegas

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) presents large Indian contingent of 52 Exhibitors at the India Pavilion at JCK Las Vegas to be held from 10th to 13th June 2022. India would be showcasing a wide variety of trendy and innovative jewellery made for new-age consumers especially for the US market. India Pavilion is spread over an

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IDE to Host International Diamond Week in March 2023

Ramat Gan: The Israel Diamond Exchange will host a week-long series of professional diamond-related events from March 27-30, 2023 in Tel Aviv and Ramat Gan, Israel. The events will include the Israel Diamond Conference on March 27, 2023, which will feature talks and panels by major personalities in the diamond world, including key diamond producers, government officials, bankers, analysts, influencers,

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GJEPC & WGC Organised Member Connect Program

Ahmedabad: India’s Gem & Jewellery Export Promotion Council (GJEPC) in association with World Gold Council (WGC) organised A Member Connect Program ‘Membership Outreach & Industry Way Forward’ on 7th June 2022 at Ahmedabad. The program was supported by Jewellers Association Ahmedabad (JAA). The evening commenced with the welcome address by Mr. Mansukh Kothari, Convener, Events, GJEPC to an audience of

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‘Know Your Diamonds-From Basics to Boosting Sales’

Chandigarh: HRD Antwerp, in collaboration with the Johari Association Chandigarh, successfully hosted an exclusive retailer seminar recently titled “Know Your Diamonds – From Basics to Boosting Sales” at The Piccadily Chandigarh. The seminar witnessed strong participation from jewellery retailers across Chandigarh, who gathered to gain deeper insights into diamonds, certification, and modern retail selling strategies.3 Key Takeaways from The Seminar:

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Size of UK Jewellery Industry to Rise by 2.1%

London: A New research published by 77 Diamonds shows that the size of the United Kingdom (UK) jewellery manufacturing industry is set to increase by 2.1% by the end of 2026, with total market revenue forecast to exceed £1 billion for the first time since 2023. 77 Diamonds has analysed historical data on the estimated annual revenue of the UK

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GJC Submits Jeweller-Integrated Framework for GMS

Mumbai: All India Gem and Jewellery Domestic Council (GJC) has been actively engaging with senior officials of the Reserve Bank of India (RBI) and the Ministry of Finance (MoF) to advance a comprehensive revamp of the Gold Monetization Scheme (GMS). GJC has submitted a refined, jeweller-integrated framework for GMS, developed through structured stakeholder consultations across the banking, refining, and jewellery sectors. The

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India’s New Shopping Mindset, Before You Buy Gold, #PehlaCheckIAGES

Mumbai: Indian consumers are being given the choice to make more informed decisions while buying gold. The efforts of Indian Association of Gold Excellence and Standards (IAGES), a self-regulatory organization created by the gold industry, is beginning to see the fruits of the groundwork it has put, into encouraging a shift in the gold-buying mindset of people with its pan

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