Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
PGI Expects 50% Growth Rate in India: Pallavi Sharma
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal
Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in
The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal
Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in
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Govt. Allows Interstate Transport of Goods
Mumbai: The Government of India has issued an addendum to its order of March 24 regarding exemptions relating to essential commodities and services during the 21-day lockdown of the country, and is now permitting interstate movement of goods/cargo for inland and exports. In a letter sent out to members, the GJEPC writes, “MHA has further issued an addendum No. 40-3/2020-DM-I(A)
GJEPC Donates Rs. 50 Crore for Workers' Welfare
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) , the apex body of the Gem and Jewellery industry in India, has contributed Rs. 50 Crore from its own reserves to help the needy workers of the industry impacted by Covid-19. The Fund allocated by GJEPC will also be utilized to support the Government in undertaking several initiatives to fight the current
WFDB to Launch a Diamond Trading Platform
Antwerp: The World Federation of Diamond Bourses today announced that it has decided to create a World Federation Diamond Trading Platform. The process of creation is on and the cross-bourse trading platform will be launched in due course. “The brand-new, state-of-the-art, trading platform, which will be available for use by all members of all bourses, is being created specially keeping
GJEPC Welcomes Relief Measures Declared by Govt.
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has welcomed the relief measures in the financial year end related operational measures announced by Hon. Union Finance Minister Mrs. Nirmala Sitharaman. Mr. Colin Shah, Vice Chairman, Gem & Jewellery Export Promotion Council of India (GJEPC), said, “We welcome the relief in the financial year end related operational measures as these will give some relief
Govt. Allows Interstate Transport of Goods
Mumbai: The Government of India has issued an addendum to its order of March 24 regarding exemptions relating to essential commodities and services during the 21-day lockdown of the country, and is now permitting interstate movement of goods/cargo for inland and exports. In a letter sent out to members, the GJEPC writes, “MHA has further issued an addendum No. 40-3/2020-DM-I(A)
GJEPC Donates Rs. 50 Crore for Workers' Welfare
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) , the apex body of the Gem and Jewellery industry in India, has contributed Rs. 50 Crore from its own reserves to help the needy workers of the industry impacted by Covid-19. The Fund allocated by GJEPC will also be utilized to support the Government in undertaking several initiatives to fight the current
WFDB to Launch a Diamond Trading Platform
Antwerp: The World Federation of Diamond Bourses today announced that it has decided to create a World Federation Diamond Trading Platform. The process of creation is on and the cross-bourse trading platform will be launched in due course. “The brand-new, state-of-the-art, trading platform, which will be available for use by all members of all bourses, is being created specially keeping
GJEPC Welcomes Relief Measures Declared by Govt.
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has welcomed the relief measures in the financial year end related operational measures announced by Hon. Union Finance Minister Mrs. Nirmala Sitharaman. Mr. Colin Shah, Vice Chairman, Gem & Jewellery Export Promotion Council of India (GJEPC), said, “We welcome the relief in the financial year end related operational measures as these will give some relief
