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Gold prices fall for third day in a row after hitting record highs

Author: Surajit Dasgupta - Published 26-06-2020 13:56
Gold prices in Indian edged lower today, declining for the third day. But the losses have been moderate as concerns over rising coronavirus cases have supported global rates. On MCX, gold dipped 0.02% to ₹47,930 per 10 gram. In the previous session, gold had dipped 0.3%. Silver rates also declined marginally today today with futures on MCX down 0.1% to ₹48,075 per kg. Gold prices in India had hit a record high of ₹48,589 per 10 gram earlier this week.

Letšeng Yields 163ct. Yellow

Author: unknown - Published 25-06-2020 14:30
Gem Diamonds has recovered a 163-carat, type I yellow diamond at its Letšeng mine in Lesotho, the third over 100 carats the company has found this year.

GIA to Unlock New York Lab

Author: unknown - Published 25-06-2020 13:25
“As restrictions are lifted and the global gem and jewelry industry begins to recover, we are safely reopening GIA locations, returning staff to work and preparing to engage in our mission-driven activities,” GIA CEO Susan Jacques said Thursday. “We are strictly following government regulations and guidelines, implementing new processes, and adapting our facilities to keep everyone who comes to GIA — staff, clients, students and visitors — healthy and safe.”

Colin Shah Elected Chairman of the GJEPC

Author: Rob Bates - Published 24-06-2020 13:28
Colin Shah (pictured), founder of Kama Schachter and Kama Jewelry, has been elected the chairman of the Gem & Jewellery Export Promotion Council (GJEPC), the group that promotes the Indian diamond and jewelry industry.

Jewellers expect dull biz in FY21 amid COVID-19, geopolitical tension

Author: unknown - Published 23-06-2020 13:27
The fierce clash between troops of India and China in eastern Ladakh that left 20 Indian Army personnel dead, and the extension of tariff exemption to Bangladeshi products by China may invite fresh troubles for jewellery exporters, they said. "It would take a year to revive the sector," Gem and Jewellery Export Promotion Council (GJEPC) chairman Colin Shah said.

Gold price today: Rs 47,496 per 10 gram, silver at Rs 48,360 per kg

Author: unknown - Published 19-06-2020 14:39
Gold prices in India dipped on Friday to Rs 47,496 from Rs 47, 571 per 10 grams, while silver rates rose marginally to Rs 48,360 from Rs 48,352 per kg, according to Indian Bullion and Jewellers Association.

GJEPC Webinar discusses necessities of a holistic approach to jewellery business

Author: unknown - Published 19-06-2020 14:37
GJEPC (The Gem & Jewellery Export Promotion Council), the leading body of gems and jewellery industry in the country, hosted a webinar on 24th April, 2020, discussing the impact of the global pandemic on the various aspects of jewellery and designing business along with the changes it has brought to consumer/customer behaviour.
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