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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PNG Jewellers Wins ‘Most Promising Brand’ Award

Mumbai: PNG Jewellers, the Indian Jewellery brand that has been growing in leaps and bounds has been awarded as the most promising brand of India in Jewellery and Lifestyle sector by World Consulting and Research Corporation (WCRC). Credibility, quality and diversity have been the values that PNG Jewellers stand by and this prestigious award is an acknowledgement for the brand

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Cyber Monday Diamond Deals from Israel

Ramat Gan:  As the Cyber Monday approached, the Israeli Diamond Industry (IDI) once again offered consumers very attractive deals on loose diamonds and diamond jewelry on its popular e-commerce platform, which went live yesterday. Developed by the Israel Diamond Institute Group of Companies (IDI), the dedicated website Israel Diamond Deals is offering fancy color and white diamonds, as well as

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US Legalizes Space Mining

Washington: After much delay, an important space bill has finally passed in the Senate. The Space Act of 2015 (H.R.2262 – U.S. Commercial Space Launch Competitiveness Act) would give companies the rights to the resources they might one day extract from asteroids, such as platinum, water and, of course, diamonds. The bill has passed in the Senate with unanimous approval

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Lucara Recovers Two More Large Diamonds

Vancouver: Lucara Diamond Corp. has announced that two more exceptional white stones have now been recovered through the XRT diamond recovery units. The two white diamonds, an 813 carat stone and a 374 carat stone, have been added on Wednesday to the roster of incredible diamonds recovered from the prolific south lobe of Lucara’s Karowe mine in Botswana. The weights

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Rapaport Melee Auction at Bharat Ratnam Mega CFC

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in association with SEEPZ Mumbai, invites members of the gem & jewellery industry to participate in the Rapaport Melee Auction at the Bharat Ratnam Mega CFC from 13th to 16th July. This is an excellent opportunity to source quality melee diamonds through a globally trusted auction platform while connecting with the

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IIJS Bharat Premiere 2026 Promotion Across Thailand

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has expanded its promotional campaign for IIJS Bharat Premiere 2026 across Thailand through a series of meetings with the Embassy of India, leading industry associations, government institutions and jewellery retailers. Varun Chulet, Assistant Director, GJEPC Jaipur, led the outreach aimed at strengthening bilateral trade ties and encouraging greater Thai participation in

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20 under 40: Celebrating the Next Generation of Leaders

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC)’s 20 Under Forty Awards celebrate exceptional young leaders shaping the gem and jewellery industry. The GJEPC recently opened nominations for the 2026 edition. Honorees will be recognized at IIJS Bharat – Premiere 2026, being held August 5–9 at the Jio World Convention Centre and August 6–10 at the Bombay Exhibition Centre

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GJEPC Gears Up Industry for India–UK CETA Rollout

Mumbai: The implementation of the landmark India–UK Free Trade Agreement (FTA) on 15 July 2026 marks a transformative milestone for India’s gem and jewellery industry, opening the door to significantly greater market access, enhanced competitiveness and accelerated bilateral trade with one of its key export markets. With zero-duty access for nearly 99% of Indian exports to the UK, the agreement

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