The Week the Indian Gold Market Changed: A Rupee Crisis Meets a Duty Shock

Macro Snapshot: The week ending May 15 was the most consequential week of the year for the Indian gold and silver trade, not because of what happened to international prices, but because of what happened in India. Two simultaneous shocks reshaped the domestic market: a near 1.6% rupee depreciation to a fresh record low of 95.98 per dollar on Friday, and a Wednesday government decision to raise the gold and silver import duty from 6% to 15%, followed by a

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The Week the Indian Gold Market Changed: A Rupee Crisis Meets a Duty Shock

Macro Snapshot: The week ending May 15 was the most consequential week of the year for the Indian gold and silver trade, not because of what happened to international prices, but because of what happened in India. Two simultaneous shocks reshaped the domestic market: a near 1.6% rupee depreciation to a fresh record low of 95.98 per dollar on Friday, and a Wednesday government decision to raise the gold and silver import duty from 6% to 15%, followed by a

Read More »

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Mubri Organizes BSM: Brazil on the World Stage 

Sao Paulo (Brazil): On the 11th and 12th of August, the expected international event BSM (Buyer Seller Meet) Brasil 2023 will take place in Sao Paulo city bringing top leading diamond and jewelry manufacturing companies  coming from India to meet and make business with the biggest retailers and wholesalers from the South American country. The goal, in addition to Brazilian companies

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Manushi Chhillar is Brand Ambassador of GJEPC

Nrew Delhi: The Gem and Jewellery Export Promotion Council of India (GJEPC), apex trade body promoting Indian gems & jewellery exports, globally, organised the India Evening (An Evening of Extravaganza) in New Delhi inviting distinguished Ambassadors, High Commissioners, trade diplomats representing several countries from across the world along with leading Ministry officials and trade fraternity. Dr. Rajkumar Ranjan Singh, Union

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CIBJO Emphasises Jewellery’s Positive Societal Role

New York: Gaetano Cavalieri, President of the World Jewellery Confederation (CIBJO), informed the High-Level Segment of the United Nation’s Economic and Social Council (ECOSOC) in New York about the jewellery industry’s potential as a force for positive societal development, particularly during the period following the COVID pandemic. Among the leaders in attendance during the gathering was UN Secretary General António

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Red Carpet Platinum Jewellery Trend

Mumbai: Statement necklaces set in platinum are making a comeback on red carpets around the globe! Celebrities including Rosie Huntington-Whitely, Rihanna, Lily Collins, and Kirsten Dunst have been spotted wearing a variety of bold necklace styles. Platinum Guild International (PGI), the marketing association for the platinum jewellery industry, predicts that necklaces ranging from single strand chokers with pendants to multi-layered

Read More »

Mubri Organizes BSM: Brazil on the World Stage 

Sao Paulo (Brazil): On the 11th and 12th of August, the expected international event BSM (Buyer Seller Meet) Brasil 2023 will take place in Sao Paulo city bringing top leading diamond and jewelry manufacturing companies  coming from India to meet and make business with the biggest retailers and wholesalers from the South American country. The goal, in addition to Brazilian companies

Read More »

Manushi Chhillar is Brand Ambassador of GJEPC

Nrew Delhi: The Gem and Jewellery Export Promotion Council of India (GJEPC), apex trade body promoting Indian gems & jewellery exports, globally, organised the India Evening (An Evening of Extravaganza) in New Delhi inviting distinguished Ambassadors, High Commissioners, trade diplomats representing several countries from across the world along with leading Ministry officials and trade fraternity. Dr. Rajkumar Ranjan Singh, Union

Read More »

CIBJO Emphasises Jewellery’s Positive Societal Role

New York: Gaetano Cavalieri, President of the World Jewellery Confederation (CIBJO), informed the High-Level Segment of the United Nation’s Economic and Social Council (ECOSOC) in New York about the jewellery industry’s potential as a force for positive societal development, particularly during the period following the COVID pandemic. Among the leaders in attendance during the gathering was UN Secretary General António

Read More »

Red Carpet Platinum Jewellery Trend

Mumbai: Statement necklaces set in platinum are making a comeback on red carpets around the globe! Celebrities including Rosie Huntington-Whitely, Rihanna, Lily Collins, and Kirsten Dunst have been spotted wearing a variety of bold necklace styles. Platinum Guild International (PGI), the marketing association for the platinum jewellery industry, predicts that necklaces ranging from single strand chokers with pendants to multi-layered

Read More »

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