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

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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

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Top News

BIS Initiative to Strengthen Consumer Confidence

Mumbai: As India rapidly emerges as one of the world’s most important jewellery consumption markets, the need for transparency and consumer confidence has never been more critical. Valued at approximately US$80–85 billion in FY24, the Indian jewellery sector is projected to grow to US$225–245 billion by FY35, underscoring the scale and momentum of domestic demand. Within this broader growth, diamond

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Overall Outlook Remains Positive for Gold & Silver in 2026

Mumbai: The All India Gem & Jewellery Domestic Council (GJC) has issued its annual review of the bullion market, highlighting the extraordinary rally in gold and silver during 2025, which has pushed both metals to record or near-record highs by December and the factors driving this surge. The sharp rally in gold and silver witnessed this year is the result

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Sara Tendulkar Appointed as Brand Ambassador of Litestyle by PNG

Pune: Litestyle by PNG, the contemporary lightweight fine jewellery brand from PNG Jewellers, has announced Sara Tendulkar as its brand ambassador, marking a key step in strengthening the brand’s connection with India’s future jewellery consumers. The association reinforces Litestyle’s role as a strategic bridge between PNG Jewellers’ legacy customers and its future customers. While PNG has been a trusted name

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Commerce Secretary Visits GJEPC Ofiice

Mr. Rajesh Agrawal, Commerce Secretary, Department of Commerce, India, visited GJEPC headquarters in Mumbai on 26 December and held a detailed interaction with GJEPC’s Committee of Administration, including Mr. Kirit Bhansali, Chairman, Mr. Shaunak Parikh, Vice Chairman, Mr. Anoop Mehta, Convener – Diamond Panel, Mr. Russell Mehta, Co-Convener – Diamond Panel, Mr. K.S. Srinivasan, Convener – Gold Panel, Mr. Ashish

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CIBJO President Speaks at ZDC

Harare: Noting the responsibility of the jewellery industry towards society, CIBJO President Gaetano Cavalieri has recognized the need of African diamond producing countries to leverage their natural resources into sustainable economic development for their countries’ citizens. He was speaking during the opening day of the Zimbabwe Diamond Conference in Harare. “These are historic days for the diamond industry. Whereas once

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1st Israel Diamond Pavilion at HK Jewelry Mfg Show

Ramat Gan: This year for the first time the Israeli Diamond Industry will be featured in a national pavilion at the Hong Kong International Jewelry Manufacturers’ Show, to be held November 27 – 30 at the Hong Kong Convention & Exhibition Centre. The pavilion, organized by the Israel Diamond Institute Group of Companies (IDI), will host 26 companies, 17 of

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WDC Offers Support in Dealing with Ebola Crisis

Johannesburg: The World Diamond Council (WDC) has made contact with the African Diamond Producers Association (ADPA), offering its support in dealing with the impact on the mining sector of the Ebola crisis in West Africa. ADPA is a union of African diamond mining countries, working as to advance the common interests of the continent’s diamond producers. The organization has 18

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PDE Project Director and Architects Visit IDE

Ramat Gan: With the construction set to begin in 2015 of the Phase II section at the Panama Gem & Jewelry Center, the only dedicated hub for the Latin American diamond, colored gemstone and jewelry trades, its project director and lead architects have visited the Israel Diamond Exchange complex, the world’s largest facility of this type, where they examined and

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