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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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

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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

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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

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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

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JGTD to Open from 27th October

Dubai: The Middle East’s most global B2B jewellery sourcing event is all set for its fifth edition this October! Jewellery, Gem & Technology in Dubai (JGTD) opens from 27–29 October 2026 in North Halls N21 and N23 of the Dubai Exhibition Centre (DEC), reaffirming the fair’s status as the region’s go-to marketplace for fine jewellery, diamonds, coloured gemstones and technology. Featuring

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Indian Leaders Elected to the CIBJO Board of Directors

Vicenza: At the conclusion of the CIBJO Centenary Congress in Italy on September 7, the General Assembly elected several prominent leaders from the Indian gem and jewellery sector to the Board of Directors of The World Jewellery Confederation (CIBJO). Key Appointments & Leadership: Industry Impact & Key Initiatives Founded as the oldest global organization in the gem and jewellery trade,

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CIBJO Backs ‘Synthetic’ Terminology for Lab Growns

Vicenza: Meeting  in Vicenza, Italy, on September 7, 2026, after the conclusion of the Centenary CIBJO Congress, the organization’s Board of Directors approved a recommendation by its Diamond Commission and Coloured Stone Commission that the Blue Books be revised so that the word “synthetic” be the sole descriptor used to accurately and scientifically define a created product with the same chemical

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IGM Appoints Nirakar Chand as MD of BullionX

Mumbai: India Gold Metaverse (IGM) today announced the appointment of former CEO of Diamond India Ltd., Mr. Nirakar Chand, as the Managing Director of its bullion market vertical, BullionX™, which is a technology-enabled ecosystem for modern bullion markets. Earlier in his career, Mr. Chand had spent 22 years at State Bank of India (SBI) — 6 years in Bullion and

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