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Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors
Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly
Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors
Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly
Top News
BDB Celebrates the ‘World Diamond Day’
Mumbai: A fitting tribute to the “World Diamond Day” launched by Natural Diamond Council (NDC) was celebrated in Bharat Diamond Bourse (BDB) on 8th of April with much fanfare. History of diamonds, from evolution to the present day was depicted through huge panels bearing pictures and descriptions of the respective eras. Images and educational text showed the important partner countries involved
Akshay Kala-The Eternal Art: GJS Opens 4th April
Mumbai: All India Gem & Jewellery Domestic Council (GJC) proudly announces the 9th edition of the India Gems and Jewellery Show (GJS April 2026), affectionately known as “Humara Apna Show.” Scheduled from 4th to 7th April 2026 at the Jio World Convention Centre, Mumbai, this premium B2B exhibition will celebrate timeless craftsmanship and innovation under the theme “Akshay Kala: The
India Removes ₹10 Lakh Cap on Courier Export
New Delhi: The Government of India on 31st March 2026 issued a set of notifications and a circular to ease re-imports and streamline courier mode shipping, following announcements made in the Union Budget. The reforms target e-commerce exporters and aim to reduce friction in cross-border returns and logistics. A key change is the removal of the per-consignment value cap for
Aurya Diamonds Enters the Market
Bengaluru: Aurya Diamonds, a Bengaluru-based fine jewellery brand that is reimagining how modern India experiences diamonds through certified lab-grown stones and a design-first, transparent retail philosophy. Founded by Shikha Dadha and co-founded by Saad Salman, Aurya marks its entry into the Indian market with a state-of-the-art experiential jewellery gallery in Bengaluru—moving away from traditional “behind-the-glass” retail to a more immersive, interactive, and consumer-centric format.
India's Gold Imports Rising
Mumbai: Gold imports are estimated to be 95 tonne during September, mainly on account of decline in international prices and due to the ongoing festive season, according to an industry expert. “The import of the yellow metal is estimated to be around 95 tonnes during this September. The imports rose mainly due to decline in price in the global markets,
Zimbabwe Pilot Local Diamond Auction Fails
Harare: In the beginning of October Zimbabwe opened its diamond tender in Harare. A large-scale local auction was schedule for early November to coincide with the country’s bi-annual diamond conference. The Herald newspaper reports that the gems “went for a song” after international buyers bought them at ‘half’ the international price. The daily claimed that questions had been raised on
Shanghai Mission Great Success for Antwerp
Antwerp: The Belgian city of Antwerp and the Chinese city of Shanghai celebrated the 30th anniversary of their sisterhood ties with a spectacular fashion show in Shanghai, completely accessorized with diamonds. The exclusive evening was organized by the Antwerp World Diamond Centre. Antwerp diamond traders traveled to Shanghai and seized the opportunity to network with the Chinese diamond traders present
Smaller Sights in October
Gaborone: Rough diamond sights held by De Beers and Alrosa in October were relatively small, particularly in light of the De Beers Sights held this year that have been in excess of $700 million. The Sight reflected the fact that Indian diamond manufacturers will be closing down for at least three weeks from around October 20, while some plants will
