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 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
Top News
1269 Retailers Closed Down in US During 2016
New York: The number of jewellery businesses operating in the U.S. fell 6 percent last year as more than 1,000 retailers closed down or merged with competitors. The drop took the total number of U.S. firms listed by the Jewellers Board of Trade (JBT) to 26,725 at the end of 2016, the industry association said. The number of businesses that
Diamond Manufacturing Profits Squeezed in Jan
New York: Diamond manufacturing profits were squeezed in January amid strong rough demand while polished prices softened. Polished trading was cautious after disappointing U.S. holiday jewellery sales, while the rough market was driven by expectations jewellers will replenish inventory sold during the season. The RapNet Diamond Index (RAPI) for 1-carat diamonds fell 0.9% in January and was down 6.8% from
RJC Unveils New Self-Assessment Guide
New York: The Responsible Jewellery Council (RJC), which collaborates on responsible sourcing practices in the jewellery supply chain, has launched its, “New and improved self-assessment workbook to help kick-start 2017 for our members.” RJC explains, “The self-assessment workbook helps members self-assess their performance against the RJC Code of Practices (COP). It is like an internal audit you conduct of your
Industry Leaders React on Union Budget 2017
Mumbai: Mr. Praveenshankar Pandya, Chairman of India’s Gem & Jewellery Export Promotion Council (GJEPC) has issued the following statement in reaction of the Union Budget 2017. “In his presentation of Union Budget 2017-18, India’s Hon. Finance Minister focused on ‘Transform, Energise and Clean India’ (TEC) against the backdrop of global uncertainty. India is now the 6th largest manufacturer in the
1269 Retailers Closed Down in US During 2016
New York: The number of jewellery businesses operating in the U.S. fell 6 percent last year as more than 1,000 retailers closed down or merged with competitors. The drop took the total number of U.S. firms listed by the Jewellers Board of Trade (JBT) to 26,725 at the end of 2016, the industry association said. The number of businesses that
Diamond Manufacturing Profits Squeezed in Jan
New York: Diamond manufacturing profits were squeezed in January amid strong rough demand while polished prices softened. Polished trading was cautious after disappointing U.S. holiday jewellery sales, while the rough market was driven by expectations jewellers will replenish inventory sold during the season. The RapNet Diamond Index (RAPI) for 1-carat diamonds fell 0.9% in January and was down 6.8% from
RJC Unveils New Self-Assessment Guide
New York: The Responsible Jewellery Council (RJC), which collaborates on responsible sourcing practices in the jewellery supply chain, has launched its, “New and improved self-assessment workbook to help kick-start 2017 for our members.” RJC explains, “The self-assessment workbook helps members self-assess their performance against the RJC Code of Practices (COP). It is like an internal audit you conduct of your
Industry Leaders React on Union Budget 2017
Mumbai: Mr. Praveenshankar Pandya, Chairman of India’s Gem & Jewellery Export Promotion Council (GJEPC) has issued the following statement in reaction of the Union Budget 2017. “In his presentation of Union Budget 2017-18, India’s Hon. Finance Minister focused on ‘Transform, Energise and Clean India’ (TEC) against the backdrop of global uncertainty. India is now the 6th largest manufacturer in the
