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
Top News
Exporters Exempted from 3% IGST on Supply of Gold
Mumbai: In a major relief, the Union Government has accepted apex body – The Gem & Jewellery Export Promotion Council’s (GJEPC) demand to grant IGST-related exemption on supply of gold by Nominated Agencies to exporters of articles of gold. The GST Council recently announced that gem & jewellery exporters will no longer have to pay 3% IGST to nominated agencies (banks)
GJC to Host 1st Preferred Manufacturers of India
Coimbatore: The commerce, exports and cultural hub of South India is gearing up to host the first business cum leisure experiential networking trade event of the New Year for leading jewellers from different parts of country! All India Gem and Jewellery Domestic Council (GJC), the apex gem & jewellery trade body, presents the first Preferred Manufacturer of India (PMI) of
DMCC Joins GJEPC’s MyKYCBank Platform
Jaipur: The Dubai Diamond Exchange (DDE) – a subsidiary of DMCC (Dubai Multi Commodities Centre) – signed today a service agreement to join the MyKYCBank platform of the Gem & Jewellery Export Promotion Council. Mr. Ahmed Bin Sulayem, Executive Chairman of DMCC, and Chairman of DDE, and Mr. Pramod Kumar Agrawal, Chairman, GJEPC, were present at this momentous occasion. The
Stargems, DMCC & HRD Antwerp to Establish Lab
Dubai: HRD Antwerp, a European leading authority in diamond certification, has entered a partnership with Dubai-based jewellery retailer Stargems Group to certify their entire jewellery inventory through the establishment of a diamond jewellery grading lab. This cooperation will ultimately ensure the transparency and authenticity of each jewellery piece. As a result of the collaboration, HRD Antwerp will open its first
Exporters Exempted from 3% IGST on Supply of Gold
Mumbai: In a major relief, the Union Government has accepted apex body – The Gem & Jewellery Export Promotion Council’s (GJEPC) demand to grant IGST-related exemption on supply of gold by Nominated Agencies to exporters of articles of gold. The GST Council recently announced that gem & jewellery exporters will no longer have to pay 3% IGST to nominated agencies (banks)
GJC to Host 1st Preferred Manufacturers of India
Coimbatore: The commerce, exports and cultural hub of South India is gearing up to host the first business cum leisure experiential networking trade event of the New Year for leading jewellers from different parts of country! All India Gem and Jewellery Domestic Council (GJC), the apex gem & jewellery trade body, presents the first Preferred Manufacturer of India (PMI) of
DMCC Joins GJEPC’s MyKYCBank Platform
Jaipur: The Dubai Diamond Exchange (DDE) – a subsidiary of DMCC (Dubai Multi Commodities Centre) – signed today a service agreement to join the MyKYCBank platform of the Gem & Jewellery Export Promotion Council. Mr. Ahmed Bin Sulayem, Executive Chairman of DMCC, and Chairman of DDE, and Mr. Pramod Kumar Agrawal, Chairman, GJEPC, were present at this momentous occasion. The
Stargems, DMCC & HRD Antwerp to Establish Lab
Dubai: HRD Antwerp, a European leading authority in diamond certification, has entered a partnership with Dubai-based jewellery retailer Stargems Group to certify their entire jewellery inventory through the establishment of a diamond jewellery grading lab. This cooperation will ultimately ensure the transparency and authenticity of each jewellery piece. As a result of the collaboration, HRD Antwerp will open its first
