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With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
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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,
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
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
GJEPC Joins Govt Delegation to Canada for CEPA Talks
New Delhi: Union Commerce & Industry Minister Mr. Piyush Goyal is leading a high-level Indian delegation to Canada from 25-27 May to advance discussions on the proposed India-Canada Comprehensive Economic Partnership Agreement (CEPA) and strengthen bilateral trade and investment ties. Mr. Anoop Mehta, Convener – Diamond Panel, GJEPC, is representing the Council as part of the Indian delegation accompanying the
GJEPC Donates Rs. 1 Crore Through CRS Initiative
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) through its CSR initiative ‘Jewellers for Hope’ charity dinner raised funds to donate the proceeds towards Indian Army Welfare, Tribal Integrated Development & Education Trust (TIDE) and Shrimad Rajchandra Love & Care (SRLC), held on 8th August, Mumbai. Mr. Pramod Kumar Agrawal, Chairman, GJEPC, hosted Jewellers for Hope charity dinner in the presence of Guest
Rajesh Exports Reports Mixed 3rd Quarter Results
Bengaluru: (By Evaluate Research) Rajesh Exports [RJEX_IN; Rs.202 billion/US$2.86 billion market cap; US$2.35 million total average daily value traded] reported an increase in revenues and net profit for the first quarter ended June 2019 on a sequential QoQ basis. Revenues for the first quarter came in at Rs.406 bn, down 7.5% YoY but up 18% on a sequential QoQ basis. Even though the revenues decreased on a year on year
GJEPC Inaugurates 36th Edition of IIJS
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) presents the 36th edition of the world’s foremost & prestigious gem & jewellery trade show – India International Jewellery Show – IIJS Premiere 2019 – being held in the City from 9th to 12th August 2019 at the Bombay Exhibition Centre, Goregaon, Mumbai. Shri Ashish Shelar, Maharashtra State Minister of School Education, Sports & Youth Welfare, inaugurated IIJS
Preciosa Introduces The Alpha Round Brilliant Cut
Mumbai: Preciosa, the leading producer of premium Bohemian crystals and fine jewellery stones, on 7th August, at a private viewing in Mumbai unveiled re-imagined ‘Alpha’ Round Brilliant cut in the company of invited guests and esteemed business partners. A paragon of geometrical precision, this new cut achieves the most ideal ratio of brilliance, scintillation and fire ever exemplified by round-cut
