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Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors
Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly
Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors
Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly
Top News
Zen Diamond Opens 2 New Stores in Bengaluru
Bengaluru: Zen Diamond, a fine jewellery brand with a presence in over 450+ stores worldwide, is strengthening its footprint in India with the launch of two new stores in Bengaluru. Following its successful debut in Mumbai with stores in Bandra and Borivali, Zen Diamond now expands its presence to South India with openings at Phoenix Mall of Asia and Phoenix
A New Book on ‘Theft of Koh-i-Noor’ by Britain
Mumbai: A new children’s picture book relating the story of the Koh-i-Noor as one of theft and colonial conquest, has just been published in India. Supriya Kelkar, a US-based author and illustrator of Indian origin, tells how the world’s most famous diamond was “stolen” by the British East India Company after the defeat of the Sikh Empire in 1849 and presented to Britain’s
National Jewellery Awards 2025 Presented
Mumbai: The All India Gem & Jewellery Domestic Council (GJC) proudly hosted the 14th edition of the World Gold Council (WGC) Presents National Jewellery Awards (NJA’25), powered by IDT Gemological Laboratories Worldwide, at Jasmine Hall, Jio World Convention Centre, Mumbai, in conjunction with the India Gem & Jewellery Show (GJS). The evening was a dazzling celebration of India’s finest jewellery
Rio Tinto Launches its Final Beyond Rare Tender
Mumbai: Rio Tinto has launched its final Beyond Rare TM Tender, the third in its annual Art Series, featuring 52 lots of extraordinarily rare masterpieces of nature, from its Canadian and Australian diamond mines. Titled Into the Light, this unique event marks a special chapter in world diamond history. With Rio Tinto’s Australian Argyle Diamond Mine ceasing operations in November
Fresh Diamond Looting Spree in Marange
Harare: Observers have reported a fresh diamond looting spree, with security and army chiefs said to be working hand in glove with senior mining companies’ staff in the scam. Reports said the swindle is being spurred on by panic among mining staff members who are not sure of their fate following a government announcement that it will streamline diamond mining
GJEPC Launches New Business Development and Marketing Campaign
Las Vegas, 31st May: The Gem & Jewellery Export Promotion Council (GJEPC) of India announced a major, new, multi-level business development campaign at a news conference focused on the U.S., Canadian and South American markets. The purpose of the campaign is to re-invigorate, strengthen and expand GJEPC’s business development efforts and build trusted relationships between India’s key jewelry industry companies
Overseas Traders Invited to Buy Offices in SDB
Surat, 30th May: After Mumbai, now Surat diamantaires are inviting diamond traders from abroad to set up offices at the proposed Surat Diamond Bourse (SDB) here. Road Shows are being organized at Antwerp, Dubai, Hong Kong, China, UAE and Europe, to impress upon diamond traders to buy office space at the proposed diamond bourse, according to a report in The
Demand for Indian Gold Jewellery to Rise
Mumbai: India’s gems and jewellery exporters are set to shine brighter than domestic retailers. Positive signs from export destinations such as higher disposable income and consumer spending as well as improvements in consumer confidence is set to support export volumes of gems and jewellery, maintain analysts. An economic recovery is also set to benefit exporters, reports Mineweb.com. Indian exporters are
