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Cool Inflation, Hot Oil: Why Gold and Silver Couldn’t Rally
The week ending July 17 extended the correction to a fourth consecutive weekly decline. What made the move notable was not the size of the loss (both metals gave back most or all of the July 3 recovery) but the character of the weekly path. On Tuesday July 14, the US June CPI came in cooler than expected, and the initial reaction was gold-positive. That rally faded within 24 hours, and by Friday both metals were at multi-month lows. The
Cool Inflation, Hot Oil: Why Gold and Silver Couldn’t Rally
The week ending July 17 extended the correction to a fourth consecutive weekly decline. What made the move notable was not the size of the loss (both metals gave back most or all of the July 3 recovery) but the character of the weekly path. On Tuesday July 14, the US June CPI came in cooler than expected, and the initial reaction was gold-positive. That rally faded within 24 hours, and by Friday both metals were at multi-month lows. The
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IIGJ’s Training & Skilling Centre Opens in Ratnagiri
Ratnagiri: Mr. Uday Samant, Minister for Industries, Government of Maharashtra, inaugurated the Indian Institute of Gems & Jewellery (IIGJ), training and skilling centre in Ratnagiri on 24th September in the presence of Mr. Kirit Bhansali, Vice Chairman, GJEPC; Mr. M. Devender Singh, District Collector, Ratnagiri; Mr. Kirthi Kiran Pujar, CEO, Zilla Parishad, Ratnagiri; Mr. Sabyasachi Ray, Executive Director, GJEPC; Mr. Siddhartha,
GJS 2024 from 25th Sep in Mumbai
Mumbai: The jewellery industry is set to dazzle as the much-anticipated India Gems and Jewellery Show 2024 (GJS2024) #HumaraApnaShow, a premier retail jewellery exhibition, opens its doors at Jio World Convention Centre, Mumbai, from 25th to 28th September 2024. Organized by All India Gem and Jewellery Domestic Council (GJC), this prestigious event brings together the finest jewellery brands, artisans, designers, and retailers
Positive Outlook for Natural Diamonds: GJEPC
Mumbai: The natural diamond market is showing signs of resilience and recovery as prices begin to stabilize and inventory reaches manageable levels. The natural diamond market is experiencing a positive shift, characterised by price stabilisation and a growing sense of optimism. The industry’s resilience is evident in the recent decline of rough diamond imports relative to polished diamond exports, indicating
GJEPC & Exim Bank Explore Cluster Strategy for Export Push
Mumbai: GJEPC hosted a meeting with Ms. Rupa Dutta, Advisor, Exim Bank and the former Principal Advisor, Department of Industrial Policy & Promotion, along with key Exim Bank officials to discuss the potential of cluster development and export facilitation in the Indian gems and jewellery sector. GJEPC and Exim Bank are collaborating on a joint study to explore strategies for
IIGJ’s Training & Skilling Centre Opens in Ratnagiri
Ratnagiri: Mr. Uday Samant, Minister for Industries, Government of Maharashtra, inaugurated the Indian Institute of Gems & Jewellery (IIGJ), training and skilling centre in Ratnagiri on 24th September in the presence of Mr. Kirit Bhansali, Vice Chairman, GJEPC; Mr. M. Devender Singh, District Collector, Ratnagiri; Mr. Kirthi Kiran Pujar, CEO, Zilla Parishad, Ratnagiri; Mr. Sabyasachi Ray, Executive Director, GJEPC; Mr. Siddhartha,
GJS 2024 from 25th Sep in Mumbai
Mumbai: The jewellery industry is set to dazzle as the much-anticipated India Gems and Jewellery Show 2024 (GJS2024) #HumaraApnaShow, a premier retail jewellery exhibition, opens its doors at Jio World Convention Centre, Mumbai, from 25th to 28th September 2024. Organized by All India Gem and Jewellery Domestic Council (GJC), this prestigious event brings together the finest jewellery brands, artisans, designers, and retailers
Positive Outlook for Natural Diamonds: GJEPC
Mumbai: The natural diamond market is showing signs of resilience and recovery as prices begin to stabilize and inventory reaches manageable levels. The natural diamond market is experiencing a positive shift, characterised by price stabilisation and a growing sense of optimism. The industry’s resilience is evident in the recent decline of rough diamond imports relative to polished diamond exports, indicating
GJEPC & Exim Bank Explore Cluster Strategy for Export Push
Mumbai: GJEPC hosted a meeting with Ms. Rupa Dutta, Advisor, Exim Bank and the former Principal Advisor, Department of Industrial Policy & Promotion, along with key Exim Bank officials to discuss the potential of cluster development and export facilitation in the Indian gems and jewellery sector. GJEPC and Exim Bank are collaborating on a joint study to explore strategies for
