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Gold, Silver Trade Flat After PBOC Holds Rates; Pressure from Fed Guidance and Dollar Strength

Gold and silver prices trade flat after PBOC holds rates steady, surprising markets. Precious metals remain under pressure due to hawkish Fed guidance, strong dollar, and positive U.S. economic data. Gold nears critical support at $2,588 per ounce, while silver tests $28.80. Long-term bullish trends remain intact amid global central bank buying.

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Jewellers News

BIS Hallmarking: 9 कैरेट सोने की ज्वेलरी पर हॉलमार्किंग को BIS की मंजूरी, चांदी की HUID हॉलमार्किंग भी जल्द

9 carat jewellery hallmarking, silver hallmarking: भारतीय मानक ब्यूरो (BIS) ने 9 कैरेट सोने की ज्वेलरी पर हॉलमार्किंग को मंजूरी दे दी है, जिससे उपभोक्ता अब कम शुद्धता वाले सस्ते गहने भी BIS प्रमाणन के साथ खरीद सकेंगे। चांदी की वस्तुओं पर भी HUID हॉलमार्किंग जल्द शुरू होगी, लेकिन फिलहाल यह स्वैच्छिक रहेगी।
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Gold, Silver Trade Flat After PBOC Holds Rates; Pressure from Fed Guidance and Dollar Strength

Gold and silver prices trade flat after PBOC holds rates steady, surprising markets. Precious metals remain under pressure due to hawkish Fed guidance, strong dollar, and positive U.S. economic data. Gold nears critical support at $2,588 per ounce, while silver tests $28.80. Long-term bullish trends remain intact amid global central bank buying.

Jewellery show

IGJS Dubai 2024: Connect with Global Buyers in the UAE’s Growing Jewellery Industry

GJEPC is hosting the highly anticipated International Gem and Jewellery Show (IGJS) in Dubai from October 8-10, 2024, at Le Meridien, Dubai. Supported by Dubai City of Gold and the Dubai Jewellery Group, IGJS Dubai 2024 aims to connect Indian gem and jewellery exporters with over 350 international buyers, including wholesalers, retailers, and manufacturers from the Middle East, UK, USA, and more.

Piyush Goyal Announces Diamond Imprest Licence at IIJS Premiere 2024, Supporting MSME Exporters in India’s Gem & Jewellery Sector

At the 40th edition of the India International Jewellery Show (IIJS) Premiere 2024, Union Minister Shri Piyush Goyal announced the introduction of the Diamond Imprest Licence, a long-awaited initiative recommended by the Gem & Jewellery Export Promotion Council (GJEPC). This new licence aims to benefit MSME diamond exporters, allowing them to import a percentage of their average export turnover, thereby leveling the playing field with larger peers and enhancing job creation in the industry

IIJS Premiere 2024 Kicks Off: Exclusive Couture Jewellery, Young Talent Recognition, and Cultural Celebrations Under ‘Brilliant Bharat’ Theme

The India International Jewellery Show (IIJS) Premiere 2024 was inaugurated by Maharashtra Governor Shri C.P. Radhakrishnan, State Minister Shri Mangal Prabhat Lodha, and GJEPC brand ambassador Manushi Chhillar. The event, held at the JIO World Convention Centre and Bombay Exhibition Centre, is themed "Brilliant Bharat," celebrating India's rich cultural heritage. The show highlights include a focus on textiles, the exclusive high-end couture jewellery section known as "The Select Club," and initiatives like the Forty Under 40 to recognize young talent. The IIJS Premiere 2024 will run from August 8-13, featuring interactive seminars and product launches.

IIJS Premiere 2024: Celebrating the 40th Edition with Grand Inauguration Today

The IIJS Premiere 2024, a prestigious jewellery exhibition by GJEPC, will be inaugurated by Maharashtra's Hon'ble Governor, Shri C.P. Radhakrishnan, at the Jio World Convention Centre. Running from August 8-12 at JWCC, it features over 2100 exhibitors and 3600 stalls, showcasing the latest trends in the gem and jewellery industry. Highlights include exclusive sections, sustainable initiatives, and enhanced visitor experiences like digital badges and networking events.

GJEPC Innov8 Talks: Comprehensive Guide to Speakers, Sessions, and Topics

IIJS Premiere 2024: The GJEPC Innov8 Talk at IIJS Premiere 2024 will feature a series of seminars and discussions from August 8-13, covering topics such as the Indian gold industry's new era, diamond market dynamics, the role of lab-grown diamonds, and more. Key speakers include industry leaders from the World Gold Council, Edahn Golan Diamond Research & Data, Messe München, and WhatsApp for Business. The event promises to provide invaluable insights and opportunities for both exhibitors and visitors.
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silver price news

In October 2023, India experienced a remarkable surge in silver imports, totaling 1,829 tons, nearly doubling the previous year's figures. The highest monthly import since 2008 signifies a robust recovery from a slow start in 2023. Despite potential consumer demand recovery, Metal Focus anticipates over a 40% decline in India's total silver demand for the year.

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