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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6th Mubri World Meeting : Together We Shine More

Mumbai: In 2020 Mubri International Jeweler´s Association became the Jewelers Association with the highest number of members worldwide. In 2021, despite the economic challenges in the world and in the sector, the initiative remains stronger Mubri started the journey in 2016 primarily supporting the advancement and professional development of women. In 2019, after the Association’s rapid growth, men began to

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IIJS Premiere to be Organized in Bengaluru this Year

Mumbai: The Gem & Jewellery Export Promotion Council’s (GJEPC) flagship trade show, the India International Jewellery Show (IIJS) Premiere 2021, is being organised in physical form for the first time after the onset of the COVID-19 pandemic – from September 15 to 19, 2021. It will also be the first time that the show will be held outside Mumbai, in Bengaluru at the Bangalore

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GJEPC & WGC Launch Jewellery Campaign

Mumbai: The World Gold Council (WGC) today unveiled a multi-media campaign in partnership with Gem & Jewellery Export Promotion Council (GJEPC) to increase awareness, relevance and adoption of gold jewellery amongst young Indian consumers. The integrated campaign that will be rolled out in two phases through 2021, aims to attract millennials and gen-Z by building a meaningful context of role of

Read More »

Arnon Juwal Elected Chairman of IDI

Ramat Gan: The Board of Directors of the Israel Diamond Institute (IDI) yesterday elected Arnon Juwal as Chairman for a three-year term. Juwal replaces Yoram Dvash, who resigned the position last week. Arnon Juwal, a second generation diamantaire, is a partner in S.Juwal & Co., which was founded over forty years ago by his father, and which conducts business throughout

Read More »

6th Mubri World Meeting : Together We Shine More

Mumbai: In 2020 Mubri International Jeweler´s Association became the Jewelers Association with the highest number of members worldwide. In 2021, despite the economic challenges in the world and in the sector, the initiative remains stronger Mubri started the journey in 2016 primarily supporting the advancement and professional development of women. In 2019, after the Association’s rapid growth, men began to

Read More »

IIJS Premiere to be Organized in Bengaluru this Year

Mumbai: The Gem & Jewellery Export Promotion Council’s (GJEPC) flagship trade show, the India International Jewellery Show (IIJS) Premiere 2021, is being organised in physical form for the first time after the onset of the COVID-19 pandemic – from September 15 to 19, 2021. It will also be the first time that the show will be held outside Mumbai, in Bengaluru at the Bangalore

Read More »

GJEPC & WGC Launch Jewellery Campaign

Mumbai: The World Gold Council (WGC) today unveiled a multi-media campaign in partnership with Gem & Jewellery Export Promotion Council (GJEPC) to increase awareness, relevance and adoption of gold jewellery amongst young Indian consumers. The integrated campaign that will be rolled out in two phases through 2021, aims to attract millennials and gen-Z by building a meaningful context of role of

Read More »

Arnon Juwal Elected Chairman of IDI

Ramat Gan: The Board of Directors of the Israel Diamond Institute (IDI) yesterday elected Arnon Juwal as Chairman for a three-year term. Juwal replaces Yoram Dvash, who resigned the position last week. Arnon Juwal, a second generation diamantaire, is a partner in S.Juwal & Co., which was founded over forty years ago by his father, and which conducts business throughout

Read More »

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