We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
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
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
Top News
Gemfields CEO to Step Down: Ruby Auction Fetches $23.1 Mln.
London: Gemfields Group recently announced that its CEO Mr. Sean Gilbertson will step down by mutual agreement on 15 July 2026, with Chief Financial Officer Mr. David Lovett appointed Interim CEO while retaining his current role. The Board has begun the process of identifying a permanent successor. The announcement coincided with the results of Gemfields’ inaugural Trade Select ruby auction,
GJC Calls for Balanced Policy & Consumer Friendly Reforms
Mumbai: The All India Gem & Jewellery Domestic Council (GJC) released yesterday its half‑yearly review of the gold and silver market for 2026, noting that the first six months of the year were marked by historic peaks in bullion prices, followed by corrections that reshaped consumer sentiment and industry outlook. The Council emphasized that taxation changes, customs duty hikes, and global geopolitical
Two New Gold & Silver Vending Machines Launched in Mumbai
Mumbai: Aspect Bullion & Refinery, the pioneer behind India’s first-ever Gold & Silver Vending Machine, has launched two new vending machine installations in Mumbai this June. This expansion marks another significant milestone in the company’s mission to make buying gold and silver more accessible, seamless, and convenient through an innovative, secure, and hassle-free purchasing experience. A vending machine was launched at
IIJS Bharat Premiere 2026 Crosses 25,000 Registrations
Mumbai: IIJS Bharat Premiere 2026 surpassed 25,000 visitor registrations, marking a strong response from the domestic and international jewellery trade. In view of the milestone, GJEPC has extended the Phase 1 visitor registration deadline to 10 July 2026, giving buyers and trade visitors additional time to register at the current rates before the next pricing phase. IIJS Bharat Premiere 2026,
FTA with UAE Paves Way for Duty-free Jewellery Exports
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), the apex body of gem and jewellery trade in India, applauded the historical FTA between India-UAE. GJEPC was one of the stakeholders who was closely associated with the Govt., suggesting its recommendations and suggestions for the Indian gem & jewellery industry. UAE accounts for 80% of India’s plain gold jewellery exports
14th IIJS Signature Inaugurated in Mumbai
Mumbai: Chief Guest Hon’ble Commerce and Industry Minister Mr. Piyush Goyal through a video conference inaugurated the 14th edition of IIJS Signature 2022 today along with Mr. Parshottam Rupala, Hon’ble Union Minister of Fisheries, Animal Husbandry & Dairying Govt. of India; Mrs. Darshana Jardosh, Hon’ble Minister of State for Railways & Textiles; Mr. Gopal Shetty, Member of Parliament; Mr. Vipul Bansal, Joint Secretary , Department of Commerce, Govt. of India; Mr. Colin
Media Takes IIJS Signature Pre-Show Walk-Through
Mumbai: Shailesh Sangani, Convener, National Exhibitions, GJEPC, invited the trade media for a walking tour of the IIJS Signature facilities at NESCO, Goregaon, on 16th February, two days prior to its inauguration. The entire event was planned and executed in 3 weeks flat, and the Convener felt it was necessary to highlight the behind-the-scenes work that has gone into putting
WFDB Presidents Meeting from 23 Feb in Dubai
Antwerp: The World Federation of Diamond Bourses (WFDB) will hold its bi-annual Presidents’ Meeting from February 23 – 25, 2022, at Almas Tower in Dubai. The meeting, the first in-person WFDB meeting since the beginning of the coronavirus pandemic, will be attended by presidents and officials from the 29 member bourses of the WFDB. It will be the concluding event
