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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Congolese Diamonds Tender Gets 40% Higher Sales

Antwerp: From 16 to 20 February, the Congolese diamond company SACIM SARL organised a particularly successful diamond tender in Antwerp. More than 288,000 carats of rough Congolese diamonds were sold at prices that were on average over 40% higher than those achieved in other, competing diamond trading centres. The result once again underlines Antwerp’s unique position as an international hub for rough diamond trading

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GJEPC Hosted IIJS Bharat Retailer Connect Session

New Delhi: India’s Gem & Jewellery Export Promotion Council (GJEPC) successfully hosted the IIJS Bharat Retailer Connect session at the PHD Chamber of Commerce, Delhi, on 19th Feb 2026, in association with the Maliwara Jewellers Association, Delhi Jewellers Association, Greater Kailash Jewellers Association and East Delhi Jewellers Association. Mr. Antarpal Singh Sawhney, Regional Chairman–North, inaugurated the seminar, which saw participation

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US & Japan to Invest $550 bln. on Synthetics

New York: The governments of the United States and Japan are reportedly considering directing a portion of a proposed $550 billion investment package toward establishing synthetic diamond production in the U.S., as part of a broader effort to strengthen critical technology supply chains. At the heart of the initiative is a planned synthetic diamond manufacturing facility in the United States,

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The Tariff is Illegal: US Supreme Court

Washington: US trading partners, including India, that have reached tariff deals with Donald Trump’s administration before the Supreme Court verdict, will now face a 10 per cent duty, despite higher levels they may have agreed on previously, the White House has said. The certification came after the US Supreme Court struck down Trump’s sweeping and often arbitrary duties, delivering a

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Exciting Themes for Artisan Awards 2024

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has unveiled two exciting and unconventional themes for the 7th edition of The Artisan Awards 2024: ‘Unusual Materials’ and ‘Objet Trouvé.’ These innovative themes promise to redefine artistic expression and inspire designers to think out-of-the-box and blend alternative and precious aspects to create avant-garde fine jewellery. The first theme, ‘Objet Trouvé’

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David Prager is New Chairman of NDC  

Mumbai: Stephen Lussier, the longest serving member of the Natural Diamond Council’s Board of Directors, has announced that he will be retiring from his roles as Chair and Board Member. David Prager, Chief Brand Officer at De Beers and active NDC board member since 2022, will replace him as Chair.Lussier played an instrumental role in bringing together competitors from the mining sector to invest in

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GJC Launches ‘India Jewellery Shopping’ Festival

New Delhi: All India Gem and Jewellery Domestic Council (GJC), the apex trade body that unites jewellery manufacturers, wholesalers, retailers, and exporters, announced the launch of Jewellery Shopping Festival (IJSF) in Delhi today. The launch will be held across the country in 300 cities from 15th October to 22nd November. Divine Solitaires is Powered by sponsor for this event. Mr. Nitin Gadkari, Minster of Roads & Highway Transport graced the event with his presence. The festival will offer benefits to both the B2B and the B2C segment wherein business owners can be

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GJEPC’s 3rd International G&J Show in Dubai

Dubai: India’s Gem & Jewellery Export Promotion Council (GJEPC), the apex trade organization dedicated to promoting Indian gem and jewellery exports worldwide, presented the highly anticipated 3rd edition of the International Gem & Jewellery Show (IGJS) in Dubai. The show is supported by the Ministry of Commerce and Industry, Government of India, and the Embassy of India in UAE. Additionally,

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