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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GJEPC Submits Pre-Budget Proposals to Govt.

New Delhi: India’s Gem & Jewellery Export Promotion Council (GJEPC) submitted a set of pre-budget proposals to the Government of India in New Delhi on 7th November, aimed at improving ease of doing business and boosting exports. The Council proposals were put forth by Mr. Kirit Bhansali, Chairman, GJEPC; Mr. Anoop Mehta, Convener – Diamond Panel; Mr. K. Srinivasan, Convener

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WHP Jewellers Receives IAGES Accreditation

Mumbai: In India’s highly dynamic gold sector, consumers are increasingly seeking retailers who follow a strict Code of Conduct that offers transparency, trust, and sustainability across the entire gold value chain. To establish a stringent framework across the industry, the Indian Association for Gold Excellence and Standards (IAGES), a Self-Regulatory Organisation (SRO) established by and for the Indian gold industry,

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Senco Gold Clocks Record Sales of ₹1700+ cr. for October

Mumbai: Senco Gold & Diamonds has reported the highest ever retail sales for the month of October in its 85+ year old history! Senco clocked sales of over ₹1,700 crore for the month backed by robust festive buying for Diwali and Dhanteras, registering a 56% YoY growth over October last year. Gold value for the brand went up by 60%

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NDC, Dubai Jewellery Group Host ‘The Diamond Dialogue’

Dubai: Natural Diamond Council (NDC), a global not-for-profit organization collaborating the natural diamond industry and its entire value chain, hosted first-ever edition The Diamond Dialogue in partnership with Dubai Jewellery Group (DJG). The Diamond Dialogue was a thought-provoking industry roundtable that brought together leading voices from the UAE’s jewellery sector to discuss the evolving landscape of the natural diamond industry.

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Putin’s Visit Boosts India's Diamond Business

New Delhi: Recent visit of the President of Russian Federation Mr. Vladimir Putin to New Delhi has certainly boosted Indo-Russian ties in diamond sector. Mr. Putin along with Mr. Narendra Modi, Hon’ble Prime Minister of India visited Vigyan Bhavan today, the venue of on-going World Diamond Conference in in New Delhi to enhance the morals of the delegates. Mr. Narendra

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Alrosa Signs Contract with 12 Indian Cos

New Delhi: On the first day of the World Diamond Conference India, Russia’s Alrosa finalized three year-contracts for direct rough supply to 12 Indian diamond companies beginning from 2015. The agreements were signed by Illya Raschin, Acting President of Alrosa with the respective heads of each of the companies in the presence of Shri Siddharth, Joint Secretary, Dept. of Commerce,

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World Diamond Conference Begins in New Delhi

New Delhi: The much awaited event ‘World Diamond Conference-India’ (WDCI) began today in New Delhi. The Gem & Jewellery Export Promotion Council (GJEPC), in association with the World Diamond Mark Foundation (WDMF) and with the support from the Ministry of Commerce and Industry, Government of India, has organized the first ever-global congregation of diamond industry leaders in India. Mr. Vipul

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WDCI Proceedings Can be Viewed across the World

New Delhi: Industry members from across the world have the opportunity to follow the entire proceedings of the World Diamond Conference India(WDCI) as they unfold in Delhi on December 11-12, 2014. The organisers have made arrangements for live streaming of every session on the website of The Gem & Jewellery Export Promotion Council at www.gjepc.org. “This is a first-of-its-kind event

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