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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Exciting Themes for Artisan Awards 2024

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has unveiled two exciting and unconventional themes for the 7th edition of The Artisan Awards 2024: ‘Unusual Materials’ and ‘Objet Trouvé.’ These innovative themes promise to redefine artistic expression and inspire designers to think out-of-the-box and blend alternative and precious aspects to create avant-garde fine jewellery. The first theme, ‘Objet Trouvé’

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David Prager is New Chairman of NDC  

Mumbai: Stephen Lussier, the longest serving member of the Natural Diamond Council’s Board of Directors, has announced that he will be retiring from his roles as Chair and Board Member. David Prager, Chief Brand Officer at De Beers and active NDC board member since 2022, will replace him as Chair.Lussier played an instrumental role in bringing together competitors from the mining sector to invest in

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GJC Launches ‘India Jewellery Shopping’ Festival

New Delhi: All India Gem and Jewellery Domestic Council (GJC), the apex trade body that unites jewellery manufacturers, wholesalers, retailers, and exporters, announced the launch of Jewellery Shopping Festival (IJSF) in Delhi today. The launch will be held across the country in 300 cities from 15th October to 22nd November. Divine Solitaires is Powered by sponsor for this event. Mr. Nitin Gadkari, Minster of Roads & Highway Transport graced the event with his presence. The festival will offer benefits to both the B2B and the B2C segment wherein business owners can be

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GJEPC’s 3rd International G&J Show in Dubai

Dubai: India’s Gem & Jewellery Export Promotion Council (GJEPC), the apex trade organization dedicated to promoting Indian gem and jewellery exports worldwide, presented the highly anticipated 3rd edition of the International Gem & Jewellery Show (IGJS) in Dubai. The show is supported by the Ministry of Commerce and Industry, Government of India, and the Embassy of India in UAE. Additionally,

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