Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors

Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000

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Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors

Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000

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GJEPC’s Australia-New Zealand Trade Mission 

Mumbai: The Brisbane portion of GJEPC’s Australia-New Zealand trade mission brought Indian gem and jewellery exporters into discussions with Queensland’s jewellery retailers, wholesalers and business bodies, while reinforcing the opportunities created by the India-Australia ECTA. Led by Vijay Mangukiya, Convener – International Events, GJEPC, the delegation visited Brisbane on 24-25 August 2026 and met Ms. Neetu M. Bhagotia, Consul General

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Harshvardhan Rane is the New Face of Ti22 by Aham

Mumbai: Senco Gold & Diamonds has announced actor Harshvardhan Rane as the face of Ti22 by Aham, its latest titanium, gold and diamond collection under its dedicated men’s jewellery brand, Aham. Reflecting the evolving expression of modern masculinity, Ti22 by Aham brings together the strength and lightness of titanium with the timeless appeal of gold and diamonds. With Harshvardhan Rane at

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Let this Rakshababdhan Shine Brighter with Platinum 

Mumbai: Rakshabandhan has always been a celebration of the quirks, chaos, shared memories and quiet strength that define sibling relationships. Over the years, gifting has become an integral part of the festival – a way to express love, create new memories and celebrate the bond that grows stronger with time. As gifting becomes more personal and thoughtful, platinum jewellery is emerging as a distinctive choice for

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GJEPC Webinar Explores Niryat Protsahan Support Under Export Promotion Mission

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) organized a webinar recently to familiarize exporters with ‘Niryat Protsahan’ schemes under the Government of India’s Export Promotion Mission (EPM), with a focus on affordable finance, e-commerce exports and market diversification. The session featured Ms. Trupti Mhatre, General Manager, Export-Import Bank of India (Exim Bank); Mr. Sabyasachi Ray, Executive Director, GJEPC

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GIA Hacked, Revokes 1000+ Certificates

Mumbai: The Gemological Institute of America has invalidated 1,042 grading reports issued by its grading lab, as they bear grades that were altered after its system was accessed without authorization by former employees of its database support contractor, Tata Consultancy Services (TCS), according to a report published in JCKonline. The list of affected reports can be seen here. GIA requests

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De Beers Cuts Diamond Forecast Yet Again

Gaborone: According to the Anglo American Q3 production report, De Beers’ diamond production for the third quarter of 2015 decreased 27% to six million carats, following the decision to reduce production to better reflect current trading conditions – namely, oversupply in the diamond market. Anglo also said that De Beers’ full year production guidance is now ~29 million carats –

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Gem-A Appoint Interim Chief Executive

London: After several months without a Chief Executive Officer, the Council of the Gemmological Association of Great Britain (Gem-A) have appointed Nick Jones as interim CEO. Nick’s role as interim CEO is to manage the Association, and advise the Council on the future structure of the Association. Nick is a Chartered Accountant with a wealth of experience, who recently retired

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IDW in New York Ended with Success Note

Ramat Gan: The fourth edition of the Israel Diamond Week in New York proved once again a successful enterprise. During the four-day event, about a hundred Israeli bourse members joined an equal number of American colleagues on the trading floor of the Diamond Dealers Club of New York (DDC), attending to more than two hundreds visiting buyers and droves of

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