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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Second edition of “TREASURES” in Lisbon

Lisbon: The second Edition of TREASURES, an award-winning international colloquium, will take place under the patronage of the President of the Republic of Portugal at the Royal Treasure Museum, Palácio Nacional da Ajuda, in Lisboa, Portugal, November 13-14, 2026. The theme of this year’s edition is “Crowns and Tiaras.” During the two-day colloquium, participants will enjoy presentations by a choice

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GJC Gets New Office in Mumbai

Mumbai: The All India Gem & Jewellery Domestic Council (GJC), representing over six lakh jewellers across India, marked another significant milestone in its journey with the inauguration of its new office at Trust House, Parel East, Mumbai. Over the past two decades, GJC has emerged as a leading national trade body advocating policy reforms, promoting transparency, encouraging responsible trade practices,

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High Gold Prices, Advantage Platinum Jewellery

Mumbai: As gold and silver prices soar to record highs in 2026, driven by import duty hikes and strong market demand, platinum jewellery is emerging as a premium yet increasingly competitive alternative. With gold prices exceeding ₹1 lakh per 10 grams, the relative price difference for rare, durable platinum has narrowed, making it a compelling choice for consumers seeking luxury

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GJEPC Takes Bold Stance on Recent Hike in Import Duty

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) acknowledged the Government’s decision to raise gold import duty to 10% from 5% and Agri cess to 5% from 1%. An official statement issued by the organization says, “As an industry, we remain committed to the spirit of ‘Nation First’ echoed by Honorable Prime Minister Mr. Narendra Modi. In response to

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GJEPC Presents Pre-Budget Recommendations 

New Delhi: Mr. Vipul Shah, Chairman, GJEPC, met Hon’ble Finance Minister Mrs.. Nirmala Sitharaman today during a pre-budget consultation held in Delhi today. During the meeting, Mr. Shah presented key recommendations on behalf of the gem and jewellery industry, aimed at fostering growth, enhancing global competitiveness, and addressing the industry’s critical challenges. Mr. Shah said, “We thank the Hon’ble Finance

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HDFC Bank Carries Out 1st Gold Forward Deal from GIFT City

Mumbai: HDFC, India’s private sector bank, has become the first domestic bank to execute a gold forward deal from GIFT City (Gujarat International Finance Tec-City.) The deal was executed by HDFC BANK GIFT City IBU in collaboration with Hindustan Platinum Pvt. Ltd., a global refiner and manufacturer of high purity precious metal products and industrial services. Regulators have enabled onshore

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Gem-A Launches ’24 Issue of The Journal of Gemmology

London: The Gemmological Association of Great Britain (Gem-A) has launched the latest issue of its academic publication, The Journal of Gemmology (Volume 39, No. 4, 2024). Released digitally on December 13, this issue contains news and research from the international gemmological community, including an article dedicated to emeralds from Musakashi in the Solwezi District of Zambia. These emeralds may exhibit similarities to

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Celebrate Season of Commitment with Platinum Love Bands 

Mumbai: The crisp winter air buzzes with romance, setting the stage for couples to celebrate their unique commitments. As wedding bells chime and anniversary plans take shape, it’s clear that love, in all its forms, is in the air. Couples now revel in a love that’s completely unscripted, welcoming each other’s quirks and faults. Together, they move past doubts and

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