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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
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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‘UNNATI’ to Power Women in G&J Industry
Surat: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of India’s gem and jewellery industry, yesterday launched ‘UNNATI – Powering Women in Gems & Jewellery’, a national mission to drive women in the sector learn, lead and grow as skilled professionals, entrepreneurs and future leaders. Beginning with its Gujarat chapter at Sardar Patel Smruti Bhavan, Surat, UNNATI
QDE Widens its Scope with CIBJO Membership
Doha: The Qatar Diamond Exchange (QDE) has been admitted to membership of CIBJO, the World Jewellery Confederation (CIBJO), the international jewellery industry’s principal representative and standards-setting body. QDE joins as a National Association Member, extending the exchange’s international standing beyond the diamond trade into the wider diamond, coloured gemstone and jewellery sector. QDE’s membership was approved in CIBJO’s centenary year.
GJS-2026 Inaugurated by Mr. Uday Samant
Mumbai: The All India Gem & Jewellery Domestic Council (GJC) proudly inaugurated the 10th edition of the India Gem & Jewellery Show (GJS 2026 Diwali Edition), celebrated as #HumaraApnaShow—India’s most premium B2B jewellery exhibition—at the iconic Jio World Convention Centre, Mumbai. Inaugurated 2nd October, the show will continue until October 4, 2026, bringing together jewellers, designers, buyers, and industry leaders
IAGES Brings Together Accredited Gold Ind. Stakeholders at Trust Circle
New Delhi: The Indian Association for Gold Excellence and Standards (IAGES) hosted its Trust Circle 2026 event at The Oberoi, New Delhi, bringing Accredited Partners and stakeholders from across the gold value chain together for an evening centred on trust, transparency and responsible practices in the sector. The event drew representatives from diverse segments of the gold ecosystem, including refining,
GJEPC Postpones IIJS Premiere to August 2021
Mumbai: GJEPC’s flagship show IIJS Premiere which takes place every year in the month of August had to be postponed to January 2021 due to the Coronavirus pandemic. However, since there is no clarity on when a show of this magnitude can be organised physically in the near future, GJEPC has decided to further postpone IIJS Premiere to August 2021. Mr.
Platinum Evara's Latest Collection for Women
Mumbai: Billions of years ago a meteorite crash left behind remnants of precious white metal – ‘Platinum’! Born of the stars, platinum is found in extremely limited quantities on Earth and is 30 times rarer than gold, adding a whole new dimension of exclusivity to this precious metal. Rarity, strength, endurance are key attributes that this metal is known for
IIG and Gemewizard to Commence Online Courses
Mumbai: International Institute of Gemology, Mumbai, officially announced the starting of a new on-line course to run in collaboration with The Gem Colour Academy, Gemewizard®. The new venture enables IIG to offer online and on-site classes of Gem Color Academy’s Colored Stones Grading Course and Coloured Diamond Grading Course in its premises in India and Hong Kong. Mr. Rahul Desai,
Argyle Pink Diamonds Tender Delivers Record Results
Perth: Rio Tinto’s 2020 Argyle Pink Diamonds Tender collection of 62 rare pink, red, blue and violet diamonds from its Argyle mine in Australia has delivered a record result, reflecting their extraordinary rarity and unique provenance. The 2020 collection continued its trajectory of double digit price growth and a record number of participants with successful bidders from eight countries. Whilst bids and values remain
