International News
India Pavilion at HK twin shows showcases exceptional craftsmanship
The HK twin shows serve as a strategic platform for India to spotlight its exceptional craftsmanship.
The India Pavilion, organised by GJEPC, is making a distinguished presence at Hong Kong’s premier gem and jewellery exhibitions — the Hong Kong International Diamond, Gem & Pearl Show (DGP) from 2nd to 6th March 2026 at AsiaWorld-Expo (AWE), and the Hong Kong International Jewellery Show from 4th to 8th March 2026 at the Hong Kong Convention and Exhibition Centre (HKCEC).
The Pavilion was formally inaugurated by Hon’ble Rajesh N. Naik, Consul General of India, Hong Kong, alongside Simlely Lam, Assistant Executive Director, HKTDC, and Mandy Ng, Director – Exhibitions and Digital Business.
Spanning an impressive 1,350 sq m, the India Pavilion brings together 100 exhibitors across 150 booths, showcasing a diverse and compelling range of offerings across key segments including Loose Diamonds, Lab-Grown Diamonds and Jewellery, Gemstones, Studded Jewellery, Fine Jewellery, and Silver Jewellery.
The twin shows serve as a strategic platform for India to spotlight its exceptional craftsmanship, gain insights into emerging global trends, and explore new business opportunities. With Hong Kong remaining one of India’s most significant export markets, the exhibitions play a vital role in deepening trade relationships and reinforcing India’s growing influence in the global gem and jewellery industry.
International News
Global Bullion Markets Experience Downturn As US Fed Keeps Interest Rates Unchanged
Market Analysts Anticipate Continued Volatility In Precious Metals As Traders Digest The Fed’s Stance On Monetary Policy and Its Implications For Future Rate Trajectories
Global bullion markets experienced a downturn on Thursday as spot gold and silver prices each fell by nearly 1% following the U.S. Federal Reserve’s overnight decision to keep key interest rates unchanged. Domestic gold and silver prices in India are expected to reflect this global weakness throughout today’s trading session.
| Parameter | Details |
| Gold (MCX) Futures | ~₹1,43,600.00 – ₹1,43,724.00 per 10 grams |
| Silver (MCX) Futures | ~₹1,94,450.00 per kg |
| Key Contract Benchmark | December 2026 Gold Futures are hovering near ₹1,42,324 – ₹1,43,700 levels. |
| Spot Gold | Down ~1%, struggling around $4,044/oz. |
| Spot Silver | Down ~1%, trading below $53.50/oz. |
| U.S. Fed Policy Rate | Unchanged at 3.75% – 4.00%. |
In international markets, spot gold tumbled nearly 1% to trade near $4,044 per ounce, while spot silver dropped 1% to fall below $53.50 per ounce.
The market reaction follows the latest Federal Open Market Committee (FOMC) meeting, where policymakers voted to maintain the target range for the federal funds rate at 3.75% to 4.00% (3-3/4 to 4 percent).
In an official statement, the FOMC reaffirmed its commitment to supporting its dual mandate of maximum employment and price stability while continuing its policy of maintaining ample reserves within the banking system.
​Market analysts anticipate continued volatility in precious metals as traders digest the Fed’s stance on monetary policy and its implications for future rate trajectories.
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