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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Kiara Advani is Brand Ambassador of Senco Gold

Kolkata: Senco Gold & Diamonds, one of India’s largest jewellery retail chains has signed Bollywood actress Kiara Advani as their brand ambassador. She will be promoting entire gold jewellery range of the brand. Senco Gold & Diamonds also unveiled their new campaign titled ‘Now is the time’ featuring Kiara. Kiara Advani, who has joined the likes of Vidya Balan, Deepika

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PGI Partners with KL Rahul to Launch New Collection

Mumbai: Be it life as we know it or a game of cricket, one needs to steer through and negotiate the challenging circumstances that it brings. There are choices to be made at every point in this fast-changing world. Choices that put one’s values and character to test. Choices between being feared or remembered. Between following the tried and true

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IDI Registers Production Growth Across the Board

Ramat Gan: Israel’s diamond figures for the first three quarters of the year, released by the Diamond Controller of the Israel Ministry of Economy and Industry, show substantial growth in diamond imports and exports, says the press release distributed by the Israel Diamond Institute (IDI) on Tuesday noting that the growth continues the positive trend of the last quarter of

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CIBJO Releases Technology Special Report

Milan: With fewer than four weeks to go to the opening of the 2021 CIBJO Congress on November 1, 2021, the fifth of this year’s CIBJO Special Reports has been released. Prepared by the CIBJO’s new Technology Committee, headed by Stephane Fischler, the report focuses on disruptive technological breakthroughs in the jewellery and gemstone industry and trade, for which in

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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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CIBJO Unveils Artworks of Reena Ahluwalia Celebrating Centenary Year

Vicenza: As a highlight of the opening day of the 2026 CIBJO Congress, that began on the 4th September, 2026 in Vicenza (Italy), two dedicated creations by the noted Canadian visual artist Reena Ahluwalia, celebrating the Centenary Year of the World Jewellery Confederation (WDC) were unveiled. Both creations were donated to the collection of the Museo del Gioiello –the jewellery

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Senco Gold with Olocker Provide Jewellery Insurance

Mumbai: Senco Gold & Diamonds has partnered with Olocker, India’s first dedicated jewellery insurance platform, to offer free jewellery insurance to its customers, protecting purchases against risks such as snatching, robbery, and housebreaking. On the surface, it’s a simple value-add: buy jewellery from Senco, get it insured, at no extra cost. But the thinking behind it is more personal —

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