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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
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
Top News
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
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
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
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
WGC Launches SRO for India’s Gold Ind.
Mumbai: The World Gold Council (WGC) launched the country’s first Self-Regulatory Organisation (SRO) for the gold industry to promote the Swarna Adarsh Abhiyan (SAA) as an umbrella brand of industry’s best practices. The professionally-run SRO will build on the work of the SAA initiative – devising code of conduct for every industry vertical, providing certification for members who adopt these
Fancy Color Diamond Index Shows Overall Rise
Mumbai: Fancy Color Research Foundation (FCRF), a New York based non-profit organisation, said its Q2 2022 Fancy Color Diamond Index (FCDI) saw a price rise in all colours and sizes of fancy colour diamonds, with an average increase of 0.8%. This upward trend is apparent compared to other global indices, such as the Dow Jones -11.3%, the S&P -16.4%, gold
India International Bullion Exchange Launched
Gandhinagat: India’s Prime Minister Mr. Narendra Modi laid the foundation stone of the headquarters building of the International Financial Services Centres Authority (IFSCA) in GIFT City, Gandhinagar on 29th July. He also launched the India International Bullion Exchange (IIBX), India’s first International Bullion Exchange in GIFT-IFSC. Chief Minister of Gujarat Mr. Bhupendra Patel, Union Minister Mrs. Nirmala Sitharaman, Union and
Piyush Goyal Chairs SEEPZ CFC Progress Review Meet
Mumbai: India’s Minister of Commerce & Industry Mr. Piyush Goyal visited SEEPZ-SEZ in Mumbai on 30th July to review the progress of Mega Common Facility Centre (CFC). This was the minister’s second review meeting of the Mega CFC in the month of July 2022. “This modern infrastructure with focus on technology, trade and training will help transform India’s Gem &
