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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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GJEPC Expects De Beers to Drive Categorization
Mumbai: Through a communication addressed to GJEPC, De-Beers informed it’s foray into synthetic diamond business with the launch of a new line of fashion jewellery in September, 2018. Simultaneously on Tuesday, De Beers through a press statement introduced Lightbox, a label selling fashion jewellery at lower prices than existing lab grown diamond offerings GJEPC expects that with the introduction of branded, synthetic
De Beers to Launch Fashion Jewellery Brand with LGD
New York: De Beers Group yesterday announced the launch of a new company called Lightbox Jewelry that will begin marketing a new brand of laboratory-grown diamond jewelry under the Lightbox name in September, offering consumers high-quality, fashion jewelry designs at lower prices than existing lab-grown diamond offerings. Lightbox lab-grown diamonds will retail from US$200 for a quarter-carat stone to US$800
IIJS this Year to be Bigger with Dynamic Changes
Mumbai: The 35thedition of Premier IIJS 2018 is all set to showcase India’s leadership role in the gem and jewellery sector from 9thAugust – 13th August, 2018 at Bombay Exhibition Centre, Goregaon. Organised by GJEPC, IIJS will witness the biggest assembly of retailers, wholesalers, distributors and designers and around 40,000 domestic and international footfalls this year. The duration of the show will
IIGJ, Jaipur Released Annual Souvenir
Jaipur: Indian Institute of Gems & Jewellery released their annual souvenir on 27th of May, 2018. On this occasion the directors of Indian Institute of Gems & Jewellery Jaipur Shri Pramod Agarwal (Chairman – GJEPC), Shri Sudhir Kasliwal (Honorary Secretary, IIGJJ), Shri Rajiv Arora (Director, IIGJJ), Dr. Nawal Agarwal (Director, IIGJJ), Shri Vijay Kedia (Director, IIGJJ) and other eminent trade personalities
India–UK Trade Agreement: CoOs Distributed
New Delhi: To commemorate the India–UK trade agreement coming into effect, Mr. Rajesh Agarwal, the Commerce Secretary and Ms. Lindy Cameron, High Commissioner of UK in India distributed Certificates of Origin (COOs) to some of our exporter members at Vanijya Bhawan. Mr. Sabyasachi Ray, Executive Director and Mr. Antarpal Singh, Regional Chairman, Northern Region received the certificates on their behalf
Kirit Bhansali Joins India’s High Level Delegation
Mumbai: Mr. Kirit Bhansali , Chairman of India’s Gem & Jewellery Export Promotion Council (GJEPC), joins Mr. Piyush Goyal , Hon’ble Minister of Commerce & Industry; Dr. S. Jaishankar , Hon’ble Minister of External Affairs; Mr. Jitin Prasada , Hon’ble Minister of State for Electronics & Information Technology and Commerce & Industry; and Ms. Karen Rentmeesters , CEO, AWDC, at
First Jewellery Export Consignment to the UK Under India–UK CETA
Mumbai: Mumbai, India’s financial capital and the country’s premier hub for gem and jewellery exports, yesterday marked a historic milestone with the flagging off of the first jewellery export consignment to the United Kingdom under the India–UK Comprehensive Economic and Trade Agreement (CETA). The Mumbai flag-off forms part of a nationwide initiative being held across Delhi, Surat, Jaipur, Chennai and
IIJS Premiere: Overseas Buyers Passport Scheme for Int’l Buyers
Mumbai: For the IIJS Bharat Premiere 2026, the Gem and Jewellery Export Promotion Council (GJEPC) has launched an exclusive Overseas Buyers Passport Scheme. Participating International buyers can win a fixed flight reimbursement of USD 525 through a lucky draw. This initiative has been designed to encourage overseas buyers to explore a wider range of exhibitors across the show, thereby fostering
