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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 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
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
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
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
Antwerp Presents Ring with 321 Natural Diamonds to the US
Antwerp: During the celebration of the 250th anniversary of the United States (US) in the Parc du Cinquantenaire in Brussels, the Antwerp diamond sector presented an exclusive ring set with 321 natural diamonds to U.S. President Donald Trump. The ring symbolizes the historic trade relationship between Antwerp and the United States – for decades the most important export market for
From London to Athens, GJEPC Builds New Export Opportunities
London: Representing India’s gem & jewellery industry (G&J), the Gem & Jewellery Export Promotion Council (GJEPC) Vice Chairman Mr. Shaunak Parikh joined the high-level business delegation led by India’s Commerce & Industry Minister Mr. Piyush Goyal to the UK and Greece. In the UK, GJEPC championed the industry’s priorities as the India–UK FTA paves the way for gem & jewellery
Candere Announces Smriti Mandhana as its New Brand Ambassador
Mumbai: Candere, the lifestyle jewellery brand from the House of Kalyan Jewellers, has announced celebrated Indian cricketer Smriti Mandhana as its new brand ambassador. Joining Shahrukh Khan as the face of the brand, Smriti’s association marks a significant step in Candere’s journey to strengthen its connect with young, modern Indian consumers. One of India’s most accomplished cricketers, Smriti has built
GJEPC Urges RBI to Ease Banking Norms to Boost G&J Exports
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has urged the Reserve Bank of India (RBI) to introduce a series of banking and regulatory reforms to strengthen the competitiveness of India’s gem and jewellery (G&J) exports. The Council’s recommendations focus on improving exporters’ access to working capital, reducing compliance bottlenecks, streamlining banking procedures and creating a more facilitative regulatory
