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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Forevermark Diamond Jewellery Launched in India

New Delhi: Forevermark Diamond Jewellery from De Beers Group, the world’s leading diamond company, officially launched as a jewellery brand yesterday. India becomes the lead market for the Forevermark brand with a landmark brand debut and flagship store opening in New Delhi. The opening of the flagship New Delhi store marks a significant milestone in Forevermark’s journey of bringing its

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0% U.S. Import Tariff for EU-Polished Diamonds 

Antwerp: Thanks to intensive negotiations, the Antwerp World Diamond Centre (AWDC), the umbrella organization for the Antwerp diamond industry, has succeeded in securing a zero percent import tariff for natural polished diamonds under the trade agreement between the European Commission and the United States. This exemption is part of a U.S. executive order, effective retroactively as of Monday, September 1,

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GSI Launches State-of-Art Lab in Kolkata

Kolkata: Gemological Science International (GSI) proudly announced the official launch of its laboratory in Kolkata, marking a significant milestone in the company’s commitment to providing world-class gemological services to one of the leading jewellery manufacturing hubs of India. The event, which was attended by prominent industry leaders and luminaries, received an overwhelming outpouring of support and enthusiasm, further solidifying GSI’s

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GJEPC Announces Newly Elected CoA for 2025

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem and jewellery trade in India, has announced the results of its recent Committee of Administration (CoA) elections for 2025 for the vacant positions. Welcoming the new members, Mr. Kirit Bhansali, Chairman, GJEPC, said, “I warmly welcome all the newly elected members of the CoA. Each

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Sparkle ’23 Ended Successfully

Surat: The Sparkle International Gems and Jewellery Exhibition-2023, organized by Southern Gujarat Chamber of Commerce and Industry (SGCCI) and South Gujarat Chamber Trade and Industry Development Center at Pandit Deendayal Upadhyaya Indoor Stadium in Athwa lines, Surat on 25, 26 and 27th August, concluded with a great success note. The three-day exhibition showcased both traditional and innovative jewellery designs. The

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SKY in Men of Platinum’s Latest Campaign

Mumbai: Platinum Guild International (PGI) India’s Men of Platinum introduces a new chapter of their extraordinary narrative. Capturing the essence of a true man of character, the brand welcomes leading cricketer “SKY”-Suryakumar Yadav into their fold. Selected as the face of their latest campaign, Suryakumar’s journey mirrors the enduring rare qualities that platinum stands for. Six captivating digital films, a television rendition, print &

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RSBL Receives ‘Best Gold Bullion Dealer’ of the Year Award

Mumbai: RiddiSiddhi Bullions Limited (RSBL) recently announced that they had won the “Best Gold Bullion Dealer for the Year 2022-23” award at the renowned India Gold Conference, which was held at JW Marriott, Kolkata, India on 18-20 Aug 2023. RSBL is an Indian global conglomerate embracing multiple industries and operating profitable businesses founded on innovation, customer trust, and value creation for

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‘Navratan’ Exhibition at G20 TIMM Inaugurated

Jaipur: India’s Minister of Commerce & Industry Mr. Piyush Goyal, and Mr. Olivier Becht, Minister Delegate for Foreign Trade, Economic Attractiveness and French Nationals Abroad, Government of France, who are currently attending the G20 Trade and Investment working group meetings (TIMM) in Jaipur, inaugurated the “NAVARATAN” exhibition, which is held on the sidelines of the G20 TIMM at the Chandra

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