International News
Gold edges higher toward $4,140 on Fed rate cut expectations
Gold edges higher toward $4,140 in early Asian trade on Tuesday, supported by mounting expectations of a Federal Reserve rate cut next month.
Market pricing now puts the odds of a December cut at nearly 79%, according to the CME FedWatch tool.
Attention will turn to key US data releases later today, including ADP Employment Change, Retail Sales, and Producer Price figures.
XAU/USD has regained momentum as dovish signals from Federal Reserve officials fuel demand for the metal. Fed Governor Christopher Waller noted on Monday that recent indicators point to a sufficiently soft labor market to justify another 25-basis-point cut in December.
San Francisco Fed President Mary Daly echoed the sentiment, saying the US economy is showing signs of vulnerability and that policy easing would help support labor-market stability.
International News
GJEPC Promotes Key Trade Events At IGI Dubai Event
The Dubai Event Created Opportunities For Participating Indian Exporters To Connect Directly With Potential Buyers.
GJEPC stepped up its international buyer outreach for IIJS Bharat – Signature 2027, IGJS Jaipur and IJEX at an industry event organised by the International Gemological Institute (IGI) in Dubai.
Held at the Almas Tower Ballroom in Jumeirah Lake Towers, the IGI Ornamental QC Seminar brought together an audience of more than 70 jewellers, with leading retailers including Jawhara, Joyalukkas, Tajvi, Vinsmera, La Marquise, Bhima and Cara among the expected participants.
Ashish Sakhardande, Head – IJEX, GJEPC, represented the Council and delivered a presentation on its upcoming exhibitions and initiatives, placing particular emphasis on IIJS Bharat – Signature 2027, IGJS Jaipur and IJEX, highlighting its new features and inviting UAE buyers to register for the Mumbai and Jaipur shows.
The UAE remains an important market for Indian jewellery exporters, making direct engagement with retailers and jewellery companies a key part of the buyer mobilisation strategy.
The Dubai event created opportunities for participating Indian exporters to connect directly with potential buyers. Business meetings and networking interactions were facilitated with several UAE-based companies, allowing exporters participating through IJEX to develop new commercial contacts.
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