A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down

Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the

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A Surging Rupee Tripled Gold’s Global Loss in India as Silver Broke Down

Macro Snapshot: The Reserve Bank of India changed the domestic arithmetic before trading opened on 12 October. On 10 October it announced a special window to meet the entire daily dollar requirement of Indian Oil, Bharat Petroleum and Hindustan Petroleum directly from its reserves, taking a large block of import demand out of the spot market. The central bank also tightened rupee derivative rules, imposing a 20% Foreign Exchange Risk Reserve on eligible contracts above $2 million and barring the

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Indian Govt. to Set up Gem Certifying Labs

New Delhi: To weed out fakes precious gemstones, the government has begun a process similar to hallmarking of gold which it says will help reinforce consumer confidence in Indian gems and jewellery industry, reports The Economic Times. With no regulation for testing and certifying coloured gemstones and increasing proliferation of online jewellery stores, the commerce department along with industry and

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Hennig to Offer Polished Tender in Israel

Ramat Gan: I. Hennig Tenders will be tendering a large selection of polished diamonds in collaboration with the Israel Diamond Exchange’s new International Tender Center at its upcoming Polished Diamond Tender. The Tender will offer a wide range of both parcels and single stones in all shapes, qualities and sizes. The Tender will be held in Israel from September 25th

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JCK Las Vegas 2017 Shows Rescheduled

Las Vegas: The JCK and LUXURY shows will have their dates changed for the 2017 editions to enable Jewish exhibitors and visitors to observe the holiday of Shavuot. The festival is observed by several hundred of JCK’s and LUXURY’s customers. LUXURY will open on June 2 and continue through the weekend, while the JCK show opens on June 5 and

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De Beers’ 7th Sales Cycle Fetches $630 Million

  Gaborone: De Beers sold $630 million of rough in its seventh sales cycle this year as diamond cutters increased their demand for stock ahead of the forthcoming holiday season. Revenue grew from a revised $528 million in the previous cycle, the miner said. A year ago, sales stood at $358 million. The figure includes the latest De Beers sight

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‘Jewellers for Hope’ 2026 Raises Funds to Support Education

Mumbai: The Indian gem and jewellery industry came together in Mumbai on 6th August for the 11th edition of Jewellers for Hope, the flagship CSR initiative of the Gem & Jewellery Export Promotion Council (GJEPC), presented in association with De Beers Group and the World Gold Council (WGC), powered by GIA, with HRD Antwerp as Co-Partner. Mr. Rahul Narwekar, Hon’ble

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Divine Solitaires Honoured Partner Jewelers at IIJS Premiere

Mumbai: Celebrating excellence, enduring partnerships and five years of shared growth, Divine Solitaires hosted its Annual Rewards & Recognition ceremony at Innov8 Launchpad, IIJS Premiere 2026, NESCO, Mumbai, honouring its highest-performing partner jewellers from across the country. The event also witnessed the first weekly lucky draw of The Solitaire Festival of India (TSFI) 2026, making it one of the key highlights of this year’s exhibition.

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Sky Gold and Diamonds Begins FY27 On a Strong Note

Mumbai: Sky Gold and Diamonds Limited (BSE: 541967 | NSE: SKYGOLD), a listed B2B gold jewellery manufacturer, today announced its consolidated financial results for the quarter ended June 30, 2026. The Company commenced FY27 with healthy growth in revenue and profitability, supported by sustained demand from organised jewellery retailers, continued traction in lightweight and value-added jewellery, and consistent execution across

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GJEPC Confers ’20 Under 40′ Awards

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) honoured 20 emerging industry leaders at the 20 Under 40 Awards, held at BEC during IIJS Bharat Premiere 2026 on 8th August. The awards recognised young entrepreneurs and professionals across manufacturing, retail, diamonds, jewellery, laboratories and allied businesses for their contribution to the industry. The GJEPC leadership present included Mr. Kirit

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