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The Triangle Breaks Down: Both Metals Exit Consolidation to the Downside
This week (ended on 24th April, 2026) saw both gold and silver give back a meaningful portion of their recent gains, with the global macro backdrop supplying clear headwinds on multiple fronts simultaneously. The primary driver was the interplay between a rebounding US dollar, persistently elevated inflation expectations, and rising uncertainty around the FOMC meeting on April 28-29 — Powell’s final meeting as Fed chair before Kevin Warsh takes over on May 15. Metal This Week (Apr 24) Last Week
The Triangle Breaks Down: Both Metals Exit Consolidation to the Downside
This week (ended on 24th April, 2026) saw both gold and silver give back a meaningful portion of their recent gains, with the global macro backdrop supplying clear headwinds on multiple fronts simultaneously. The primary driver was the interplay between a rebounding US dollar, persistently elevated inflation expectations, and rising uncertainty around the FOMC meeting on April 28-29 — Powell’s final meeting as Fed chair before Kevin Warsh takes over on May 15. Metal This Week (Apr 24) Last Week
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India’s G&J Exports Rise by 9% in April-May 2021
Mumbai: In the first two months of Fiscal Year 2021-22 (April-May 2021), the overall gross exports of India’s gems and jewellery (G&J) grew 4% to US$6.31 billion (and grew by 9% in Rupee term to Rs. 46414.38 Cr) compared to US$6.10 billion (Rs. 42571 Cr) during the same period of pre pandemic year 2019. Mr. Colin Shah, Chairman, GJEPC, said, “The revival of exports has happened
GJEPC to Organise IGJS in Dubai from 14 Aug, 2021
Mumbai: Gem & Jewellery Export Promotion Council (GJEPC), the apex body of gem and jewellery trade in India with the support of Govt. of India, is organising the inaugural International Gem & Jewellery Show (IGJS), an in-person exhibition, in Dubai from 14th to 16th August 2021. Mr. Colin Shah, Chairman, GJEPC said, “To cater to the pent-up demand and a call from exhibitors
India Govt to Issue Guidelines on Hallmarking Soon
Mumbai: Based on multiple meetings with the Expert Committee members last week, the Ministry of Consumer Affairs will be soon coming out with extant rules for implementation of Hallmarking act along with amendments. India’s Gem & Jewellery Export Promotion Council (GJEPC) as part of the Expert Committee had made a series of representations and had rigorously followed up with the
GJEPC Appreciates USTR’s Decision to Suspend Tariffs
Mumbai: Announcing the conclusion of the one-year Section 301 investigations of Digital Service Taxes (DSTs) adopted by India, Austria, Italy, Spain, and Turkey, United States Trade Representative (USTR) has suspended tariffs on goods from these countries for up to 180 days to provide additional time to complete the ongoing multilateral negotiations on international taxation at the OECD and in the
India’s G&J Exports Rise by 9% in April-May 2021
Mumbai: In the first two months of Fiscal Year 2021-22 (April-May 2021), the overall gross exports of India’s gems and jewellery (G&J) grew 4% to US$6.31 billion (and grew by 9% in Rupee term to Rs. 46414.38 Cr) compared to US$6.10 billion (Rs. 42571 Cr) during the same period of pre pandemic year 2019. Mr. Colin Shah, Chairman, GJEPC, said, “The revival of exports has happened
GJEPC to Organise IGJS in Dubai from 14 Aug, 2021
Mumbai: Gem & Jewellery Export Promotion Council (GJEPC), the apex body of gem and jewellery trade in India with the support of Govt. of India, is organising the inaugural International Gem & Jewellery Show (IGJS), an in-person exhibition, in Dubai from 14th to 16th August 2021. Mr. Colin Shah, Chairman, GJEPC said, “To cater to the pent-up demand and a call from exhibitors
India Govt to Issue Guidelines on Hallmarking Soon
Mumbai: Based on multiple meetings with the Expert Committee members last week, the Ministry of Consumer Affairs will be soon coming out with extant rules for implementation of Hallmarking act along with amendments. India’s Gem & Jewellery Export Promotion Council (GJEPC) as part of the Expert Committee had made a series of representations and had rigorously followed up with the
GJEPC Appreciates USTR’s Decision to Suspend Tariffs
Mumbai: Announcing the conclusion of the one-year Section 301 investigations of Digital Service Taxes (DSTs) adopted by India, Austria, Italy, Spain, and Turkey, United States Trade Representative (USTR) has suspended tariffs on goods from these countries for up to 180 days to provide additional time to complete the ongoing multilateral negotiations on international taxation at the OECD and in the
