Global Gold City Project Announced
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
Now That a Jobs Miss Broke Gold’s Resistance, Can Silver Clear Its Ceiling?
Macro Snapshot: The FOMC held rates at 3.50 to 3.75% on July 29 by a 9 to 3 vote, with three members dissenting in favour of a quarter-point hike. Chair Kevin Warsh described inflation as a ‘choice’ and made clear the Committee would move quickly if incoming inflation data ran hot. Going into the week ending August 7, CME FedWatch put September hike odds near 58%. That framing collapsed on Friday. The Bureau of Labor Statistics reported that US employers
Now That a Jobs Miss Broke Gold’s Resistance, Can Silver Clear Its Ceiling?
Macro Snapshot: The FOMC held rates at 3.50 to 3.75% on July 29 by a 9 to 3 vote, with three members dissenting in favour of a quarter-point hike. Chair Kevin Warsh described inflation as a ‘choice’ and made clear the Committee would move quickly if incoming inflation data ran hot. Going into the week ending August 7, CME FedWatch put September hike odds near 58%. That framing collapsed on Friday. The Bureau of Labor Statistics reported that US employers
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IIGJ to Get Mumbai Uni. Recognition Soon
Mumbai: The Indian Institute of Gems and Jewellery (IIGJ), an educational project of the Gem and Jewellery Export Promotion Council (GJEPC) celebrated its 11th Convocation Ceremony in the presence of Mr. Vinod Tawde (Minister for Higher & Technical Education, Government of Maharashtra), GJEPC Chairman Mr. Praveenshankar Pandya and Ms Vaishali Banerjee (MD India, Platinum Guild of India) amongst others. IIGJ
India Gold & Jewellery Summit ends With Success
New Delhi: The first-ever two-day national summit (India Gold & Jewellery Summit) organized by the Gem & Jewellery Export Promotion Council (GJEPC) with Lead Partner World Gold Council (WGC) over the weekend concluded on a positive note as the Hon’ble Union Minister of Commerce & Industry Shri Suresh Prabhu and Commerce Secretary Ms. Rita Teaotia underlined the need of a
GJF President Expresses Concern
Mumbai: Mr. Nitin Khandelwal, Chairman, All India Gems and Jewellery Trade Federation (GJF) has expressed concern over unconfirmed reports that the Union Finance Ministry is being urged to work on a package to reduce the import duty of gold while increasing the GST (Goods and Services Tax) rates for the Gems & Jewellery sector. “Based on Revenue Equivalent Principle, we
De Beers Plans for Forward Contracts
De Beers Group announced that its Auction Sales business is to transition Fixed-Price Forward Contracts to core business status, following the success of the pilot programme that was launched in January 2017. Fixed-Price Forward Contracts offer the opportunity for Auction Sales customers to secure guaranteed access to bespoke future supply contracts, with certainty over the price to be paid when
IIGJ to Get Mumbai Uni. Recognition Soon
Mumbai: The Indian Institute of Gems and Jewellery (IIGJ), an educational project of the Gem and Jewellery Export Promotion Council (GJEPC) celebrated its 11th Convocation Ceremony in the presence of Mr. Vinod Tawde (Minister for Higher & Technical Education, Government of Maharashtra), GJEPC Chairman Mr. Praveenshankar Pandya and Ms Vaishali Banerjee (MD India, Platinum Guild of India) amongst others. IIGJ
India Gold & Jewellery Summit ends With Success
New Delhi: The first-ever two-day national summit (India Gold & Jewellery Summit) organized by the Gem & Jewellery Export Promotion Council (GJEPC) with Lead Partner World Gold Council (WGC) over the weekend concluded on a positive note as the Hon’ble Union Minister of Commerce & Industry Shri Suresh Prabhu and Commerce Secretary Ms. Rita Teaotia underlined the need of a
GJF President Expresses Concern
Mumbai: Mr. Nitin Khandelwal, Chairman, All India Gems and Jewellery Trade Federation (GJF) has expressed concern over unconfirmed reports that the Union Finance Ministry is being urged to work on a package to reduce the import duty of gold while increasing the GST (Goods and Services Tax) rates for the Gems & Jewellery sector. “Based on Revenue Equivalent Principle, we
De Beers Plans for Forward Contracts
De Beers Group announced that its Auction Sales business is to transition Fixed-Price Forward Contracts to core business status, following the success of the pilot programme that was launched in January 2017. Fixed-Price Forward Contracts offer the opportunity for Auction Sales customers to secure guaranteed access to bespoke future supply contracts, with certainty over the price to be paid when
