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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World Diamond Congress in Singapore from July 12

Singapore: The next World Diamond Congress, a joint assembly of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), will be held July 12-15, 2026, at the Sands Expo & Convention Centre. “We are excited to hold this pivotal industry gathering once again in Singapore,” Fabio Cascapera, President of the Diamond Exchange of Singapore (DES),

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IIGJ Lab Simplifies Ruby Treatment Description

New Delhi: IIGJ Lab is committed to serve the Gem & Jewellery Industry by providing independent quality assessment of Gemstones & Jewellery. IIGJ’s Ruby Identification service is well known and is availed by gemstone manufacturers, traders, and retailers. Effective 6th November 2025, IIGJ Lab (A Project by GJEPC India) sponsored by Ministry of Commerce and Industry, Govt. of India has

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GJEPC Headed G&J Sector During President’s Botswana Visit

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) headed the gem and jewellery (G&J) sector’s presence during President Smt. Droupadi Murmu’s state visit to Botswana from 11 to 14 November. As part of Indian delegation, led by South Gujarat Chamber of Commerce & Industry (SGCCI), Mr. Jayanti Savaliya, Regional Chairman – Gujarat, GJEPC, was heading a team representing the

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Sky Gold Registers Growth Oriented Q2 Results

Mumbai: Sky Gold and Diamonds Limited (BSE: 541967 | NSE: SKYGOLD), listed B2B Gold Jewellery manufacturer recently announced its Q2FY26 results for the quarter ended September 30, 2025. With a solid Q1FY25, the company has continued Q2FY26 with a strong growth momentum, backed by rising exports, capacity enhancement plans, and deeper retail partnerships across India, the Middle East and Southeast Asia. (All figures in ₹ crore unless otherwise stated) Particulars(₹ Crores) Q2’FY26 Q2’FY25 Y-o-Y Q1 FY26 Q-o-Q Revenue 1484.5 768.8 93.1% 1131 31.2% EBITDA 99.9 38.8 157.5% 71.4 39.9% EBITDA Margin (%) 6.73% 5.1% 163bps 6.3% 43bps PAT

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Euro MPs Vote to Ban Conflict Minerals

Brussels: In a surprise decision, the European Parliament recently voted to ensure that as with diamonds and other precious stones, European Union (EU) importers of tin, tantalum, tungsten and gold for manufacturing consumer goods, be certified by the EU to ensure they do not fuel conflicts OR human rights abuses in conflict areas. The decision to ban was unexpected because

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India Condemns Discriminatory Practices

Mumbai: A news report appeared in some newspapers has alleged that Harikrishna Exports declined job to a person on basis of religion. Chairman of The Gem & Jewellery Export Promotion Council (GJEPC) Mr. Vipul Shah has issued a statement in this reference which says, “The Gem & Jewelry industry of India condemns discriminatory practices in employment and trading, be it

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Charges Dropped Against Rafael Marques

Luanda: The defamation case against Rafael Marques de Morais over his scathing depictions of Angola’s diamond industry has been dropped, reports JCKonline. “I confirm the withdrawal of the charges,” he said via email. Marques was being charged by leading generals in the Angolan military over his book, Blood Diamonds: Corruption and Torture in Angola, which includes tales of corruption sometime-graphic

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'Make in India' shines in 'India Pavilion' at JCK

Mumbai: Gem & Jewelry Export Promotion Council (GJEPC), the apex body of gem and jewelry industry in India has strived to establish India as a global diamond and Jewellery trading destination. This endeavor has seen participation of the Indian gem and jewelry industry in some of the largest, glamorous and most prestigious trade events including the soon to be held

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