We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
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Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
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GJEPC Aprrises New Jt. Secretary about G&J Industry
Mumbai: Officials of India’s Gem and Jewellery Export Promotion Council (GJEPC) had a virtual meet with Mr. Suresh Kumar, the new Joint Secretary, Department of Commerce, on 1st September and apprised him about the gems and jewellery industry and the various initiatives taken for growth of exports from India. Thanking the Joint Secretary for this opportunity, Mr. Colin Shah, Chairman
WGC Appoints Randy Smallwood as New Chair
Mumbai: The World Gold Council (WGC) has announced the appointment of Mr. Randy Smallwood, President and CEO at Wheaton Precious Metals Corp. (“Wheaton”), as its new Chair. Mr. Smallwood succeeds Mr. Dushnisky of AngloGold Ashanti. Mr. Smallwood was involved in the founding of Wheaton, was appointed President in 2010 and CEO in 2011. Mr. Smallwood is also the Chairman of
Rio Tinto Previews Argyle Coloured Diamonds
Perth: Rio Tinto has provided a virtual preview of rare Argyle pink, red, violet and blue diamonds from its iconic diamond mine, in one of the very last offerings to an exclusive group of collectors, diamond connoisseurs and luxury jewellery houses. The 2020 Argyle Pink Diamonds Tender, a collection of the rarest diamonds from a year’s production from the Argyle
First ever Virtual BSM by GJEPC Commenced Today
Mumbai: Gem and Jewellery Export Promotion Council of India (GJEPC), the apex body for promotion of Gems and Jewellery Exports, today inaugurated its first Virtual Buyer and Seller Meet (VBSM) for loose diamonds. The two-day meet will give an opportunity for buyers and exhibitors to connect and talk busines over the virtual platform. The inauguration ceremony was attended by Mr.
JGA 2026 Opened in Hong Kong
Hong Kong: Nearly 1,100 exhibitors from around 30 countries and regions have gathered at the Hong Kong Convention & Exhibition Centre to showcase their latest collections to international buyers at Jewellery & Gem ASIA Hong Kong (JGA) 2026, which runs until Sunday, June 21, 2026. Organised by Informa Markets Jewellery, Asia’s No.1 mid-year B2B jewellery buying destination brings together two co-located
IFSCA Permits GJEPC RCMC Holders to Import Gold, Silver Through IIBX
Mumbai: The International Financial Services Centres Authority (IFSCA), the unified regulator overseeing financial activities in GIFT City, has accepted key recommendations made by the Gem & Jewellery Export Promotion Council (GJEPC), allowing holders of a valid Registration-cum-Membership Certificate (RCMC) to access bullion imports through the India International Bullion Exchange (IIBX). Under a revised circular issued on 15 June 2026, valid
A Webinar on IIBX Gold Supply Mechanism
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in association with IIBX, is organizing a webinar on “IIBX Gold Supply Mechanism for GJEPC Members and SEZ Units” on 19th June 2026 to provide insights into the gold procurement framework through the India International Bullion Exchange (IIBX). The webinar is scheduled from 3 pm onwards. Mr. Ashok Kumar Gautam, MD
Central Banks Set to Step up Gold Buying over the Next Year
London: The World Gold Council’s (WGC) annual Central Banks Gold Reserves Survey reveals that 89% of reserve managers expect global central bank gold holdings to continue increasing over the next 12 months. With gold recently overtaking US government bonds as the top reserve asset, the findings point to continued momentum in central bank demand for gold. That confidence is also
