National News
GJEPC Activates Indian Embassies In 70+ Countries To Promote IGJS Jaipur 2027
The Council’s outreach has received an encouraging response, with over 20 Indian embassies and diplomatic missions publishing information about the show on their official websites.
GJEPC has mobilised India’s diplomatic network across more than 70 countries to promote the International Gem & Jewellery Show (IGJS) Jaipur 2027 and attract international buyers.
IGJS Jaipur 2027 will be held from 16-18 April 2027 at the Jaipur Exhibition & Convention Centre (JECC), Sitapura, Jaipur.
The Council’s outreach has received an encouraging response, with over 20 Indian embassies and diplomatic missions publishing information about the show on their official websites. These include missions in New Zealand, the UAE, China, Germany, Croatia, Indonesia, Qatar, Canada, Brazil, Poland, Italy and the UK, among others.
The Embassies of Egypt, Brazil, Italy and Poland have also personally acknowledged GJEPC’s efforts. The outreach includes several major overseas jewellery trade associations, including Jewelers of America, New York, USA.
The Council will continue engaging with diplomatic missions and trade associations through sustained promotional efforts until the show.
National News
Gold Edges Higher On MCX In Early Trade
Precious metals had tumbled sharply on Thursday after stronger-than-expected US inflation prints fueled a rally in the US dollar and Treasury yields.
Domestic gold prices staged a modest recovery in morning trade on Friday following a sharp sell-off in the previous session, as bargain hunting emerged across domestic and international bullion markets.
As of 10:00 AM IST, benchmark December gold futures on the Multi Commodity Exchange (MCX) opened and traded around the Rs. 1,36,000 per 10 grams mark, gaining roughly 0.6% from Thursday’s close of Rs. 1,36,225. In the domestic spot and retail markets, indicative rates for 24-karat gold hovered between Rs. 1,36,160 and Rs. 1,38,490 per 10 grams depending on local taxes and jeweller premiums, while 22-karat gold traded near Rs. 1,24,810 to Rs. 1,26,950 per 10 grams.
Global Cues and Market Drivers
The early uptick mirrors a slight rebound in overseas markets, where COMEX gold futures rose 0.2% to trade near $3,893 per ounce. Precious metals had tumbled sharply on Thursday—with MCX gold shedding 2.5%—after stronger-than-expected US inflation prints fueled a rally in the US dollar and Treasury yields.
Investors are increasingly pricing in potential interest rate hikes by the US Federal Reserve in December and early 2027, keeping upside gains capped.
GJEPC Activates Indian Embassies In 70+ Countries To Promote IGJS Jaipur 2027
Gold Edges Higher On MCX In Early Trade
Kalyan Jewellers India Limited Recorded Revenue In Excess Of Rs 20,900 Crore and PAT of Rs 776 Crore For The First Half Of FY27
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