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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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 Hosts ‘Jewellers for Hope’ Charity Dinner

Mumbai: GJEPC’s CSR initiative ‘Jewellers for Hope’ charity dinner presented in association with De Beers donates Rs 1 crore for education & empowering girl child Smt. Amruta Fadnavis, Bollywood celebrity actor Arjun Kapoor and singer Rekha Bharadwaj grace ‘Jewellers for Hope’ charity dinner dedicated to make a difference Mumbai, 28th July, 2017: Gem & Jewellery Export Promotion Council (GJEPC), in

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India Gem & Jewellery Machinery Expo Inaugurated

Mumbai: Mr. Manoj Dwivedi, Joint Secretary, Dept. Commerce, MoC&I, Govt of India, Mr. Shailesh Sangani (Convenor, Promotions, Marketing and Business Development Sub-Committee, GJEPC) Mr. Saunak Parikh (Convener – National Exhibitions Sub-committee, GJEPC) inaugurated today the India Gem & Jewellery Machinery Expo organised by the Gem & Jewellery Export Promotion Council (GJEPC) on in Mumbai. India Gem & Jewellery Machinery Expo

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34th Edition of IIJS Opens in Mumbai

Mumbai: The 34th edition of the India International Jewellery Show (IIJS), now positioned as IIJS Premiere, was inaugurated this morning at the Bombay Exhibition Centre, Goregaon East (Mumbai) by Mr Manoj Dwivedi, Joint Secretary, Dept. Commerce, MoC&I, Govt of India and Mr. Alan Chirgwin, VP, Sales and Marketing, Rio Tinto in the presence of Praveenshankar Pandya, Chairman, and Russell Mehta

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Glittering “Prelude to IIJS 2017” Presented

Mumbai: In a new move, The Gem & Jewellery Export Promotion Council (GJEPC) held a special show on the eve of the IIJS this year dubbed “Prelude to IIJS 2017”. The event, along the lines of fashion shows by couturiers, showcased the stunning designs of 15 companies. The jewellery presented ranged from traditional, bridal gold adornments, to scintillating jadau and

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PNG Jewellers Achieves Record Q1 FY27 Revenue of 24,130 Mn

Pune: P N Gadgil Jewellers Limited has announced its unaudited financial results for the quarter ended 30th June 2026. Key Financial & Operational Highlights: §  Retail Contribution: Retail sales continued to strengthen, with the retail share of total revenue increasing to 78% in Q1 FY27 from 70% in Q1 FY26, reflecting the Company’s continued focus on expanding its high-margin retail business. §  Strong Same-Store Performance: The Company delivered a robust Same-Store Sales Growth (SSSG) of 46.1% YoY, driven by healthy

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US Tariff Could Dent Growth of India’s G&J Industry: GJC

Mumbai: The United States (US) has maintained a 10% additional tariff on Indian gem and jewellery (G&J) exports under a permanent Section 301 regime, which replaced the previous temporary Section 122 surcharge on July 24, 2026. This duty applies to natural diamonds, lab-grown diamonds, coloured gemstones, and finished jewellery, impacting India’s primary overseas market. Expressing his dissatisfaction on the move,

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The Platinum Buyer Seller Meet Ends Successfully

Kochi: The Platinum Buyer-Seller Meet (BSM) 2026, hosted by Platinum Guild International (PGI) in Kochi on 8th & 9th July, brought together 10 manufacturers, more than 70 retailers and industry partners for discussions on product innovation, changing consumer demand and the future growth of platinum jewellery in India. Over the last few years, platinum jewellery has sustained double-digit growth in

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New Tariff Puts India’s G&J Exports Under Pressure

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has taken note of the United States’ transition from the temporary Section 122 balance-of-payments surcharge to the new Section 301 tariff regime, effective from 24 July 2026, under which the additional tariff on Indian gem and jewellery (G&J) exports remain unchanged at 10%. The new tariff framework follows the conclusion of investigations

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