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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India to Issue Sovereign Gold Bonds from Nov 26

New Delhi: India will issue sovereign gold bonds from Nov. 26, offering an annual interest rate of 2.75 percent to domestic investors, a government statement said on Friday. The bonds will be sold through banks and designated post offices and will be part of New Delhi’s market-borrowing programme. The decision to sell gold bonds is part of the government’s plan

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Zimbabwe Ups Levy for Miners to Fund Exploration

Harare: The Zimbabwean government is said to have increased a mining levy to fund exploration activities as it transforms the Minerals Marketing Corporation of Zimbabwe (MMCZ) into a state exploration company. Zimbabwe had vast mineral wealth spanning diamonds, platinum, gold, nickel, chrome and coal among other natural resources. However, much of the minerals remained underground and there was no much

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WFDB Imposes Sanctions on a Belgian Company

Antwerp: World Federation of Diamond Bourses (WFDB) has announced that it implemented sanctions against the Belgian company BVBA KARDIAM, based in Antwerp. According to the announcement published by WFDB, the company has allegedly supported “armed groups or criminal networks in the Central African Republic through the illicit mining and trade in natural resources, including diamonds and gold”. On 21 August

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Diamond Detection Expo & Symposium in Mumbai

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) in association with Bharat Diamond Bourse (BDB) will be organizing the Diamond Detection Expo & Symposium (DDES 2015) on Dec 15-16, 2015 at the BDB in Mumbai. The two-day event aims to provide a platform for companies offering machines & equipment for the detection of synthetic diamonds, as well as leading

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Kering Holds 2nd “Kering Generation Award X Jewelry” Ceremony

Milan: The second edition of the Kering Generation Award X Jewelry took place on July 9, 2026, at the luxury group Kering’s headquarters in Paris during Paris Haute Couture Week. The World Jewellery Confederation (CIBJO) is a partner of Kering in the awards, which aim to support visionary talent whose work demonstrates excellence in sustainable design and practices in jewellery-making.

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41st World Diamond Congress Kicks Off in Singapore

Singapore: With almost every seat taken in the Atrium Ballroom of Singapore’s Park Collection Hotel in City Island’s Marina Bay district, the 41st World Diamond Congress kicked off on July 13. In his welcome speech, Fabio Cascapera, Chair of the Congress Organising Committee and President of the Diamond Exchange of Singapore (DES), noted that since the 24th World Diamond Congress was held in Singapore

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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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