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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Top News

Sky Gold & Diamonds Delivers Robust FY26 Performance

Mumbai: Sky Gold & Diamonds, a leading gold manufacturing company and a key partner to retail chains such as Tanishq, Kalyan Jewellers, and Malabar Gold & Diamonds, has declared its Q4 & FY26 Results. The company has reported a robust FY26 performance with consolidated revenue rising 77.4% YoY to ₹6,295 crore and PAT increasing 112.4% YoY to ₹282 crore, supported by strong execution, improving margins and operational

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JewelStart Industry Innovation Challenge 2026 Launched

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in collaboration with SINE, IIT Bombay, has launched the first edition of the JewelStart Industry Innovation Challenge 2026, a national platform aimed at bringing startup-led innovation into India’s gems and jewellery sector. The challenge invites startups, innovators and technology solution providers to address pressing industry needs across the jewellery value chain,

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CIBJO Warns Against ‘Fraudulent Representatives’

Milan: The World Jewellery Confederation (CIBJO) is issuing an urgent warning about individuals claiming to represent CIBJO or bodies directly affiliated with CIBJO, offering products and/or financial instruments endorsed by CIBJO. The existence of such claims was brought to CIBJO’s attention yesterday, May 24, 2026, which are similar to other claims reported to us in January of this year, when

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Inputs from GJEPC on GMS & CAD Reduction

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in reference to the meeting held on 22nd May 2026 with key industry associations, to deliberate on measures for reducing the Current Account Deficit (CAD), particularly in the context of gold imports and domestic gold mobilization, is coordinating with its members to formulate some suggestions on Gold Monetization Scheme (GMS) and

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PGI’s BSM 2024 is Shaping Industry’s Future

Kochi: Platinum Guild International (PGI) India concluded yet another successful edition of its annual ‘Platinum Buyer-Seller Meet,’ on the 4th and 5th of July 2024.  Every year, the prestigious event, brings together the leading names from across the jewellery industry and offers them a platform to collaborate and work towards collective business development for platinum. Held at the Grand Hyatt,

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Shankar Mahadevan to Enthrall IIJS Networking Night

Mumbai: Shankar Mahadevan, the celebrated Indian singer and composer will enthrall the audience at the IIJS Networking Night on 8th August, 2024. The musical event is supposed to be unforgettable experience! Work hard and party even harder as you connect with buyers and live candid moments together. Shankar Mahadevan is among the greatest Indian vocalists alive, having risen to fame

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GJEPC Targets Key Bangladesh Retailers 

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has launched an extensive visitor promotion campaign for the upcoming IIJS Premiere 2024 in Bangladesh from 6th to 13th July. Mr. Kaushik Ghosh, Assistant Director Kolkata, GJEPC, is actively engaging with executive members of the Bangladesh Jewellers Association (BAJUS) to highlight the significance of this year’s IIJS Premiere. The promotion is

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IIJS Celebrating 4 Decades of Global Business

Mumbai: India is the world’s 4th largest exporter of gold jewellery and the India International Jewellery Show (IIJS) is your ultimate destination to connect with the top gold jewellery manufacturers who are redefining the landscape of gold jewellery designs and making waves with their creative ingenuity, blending tradition with contemporary style. The show is being organized by India’s Gem &

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