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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Andrey Polyakov Elected Vice President of WDC

Moscow: ALROSA vice president Andrey Polyakov was elected World Diamond Council (WDC) vice president at the council’s annual general meeting held in Moscow. According to the council’s bylaws, the vice president subsequently assumes the role of president – in this case Polyakov will take over the role in 2016. Also at the annual general meeting, delegates met to discuss a

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Ronnie Elected President of US Jewelry Council

New York: Mr. Ronnie VanderLinden, the incumbent President of the Diamond Manufacturers & Importers Association of America (DMIA), was elected President of the newly-formed United States Jewelry Council (USJC), a coalition of leading diamond, gem and jewelry trade associations in the United States that have come together to assure that the U.S. jewelry industry is collectively represented at government and

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WDM Supports World Diamond Museum

Hong Kong: Last week, Alex Popov, chairman of the World Diamond Mark Foundation (WDM) published a blog entitled “Art encapsulates history, culture and preserves value – it should enfold diamonds, too.” In his article, he asked “What do diamonds have to do with art? It all depends on how we imagine the identity and position of diamonds in the future.

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More Rate Cuts Unlikely in FY16: Ind-Ra

Mumbai: Factory Output Surprises on the Upside: Index of Industrial Production (IIP) grew 6.4% in August 2015, much higher than India Ratings and Research’s (Ind-Ra) forecast of 4.3%. Cumulatively for the period April-August 2015 the industrial output grew 4.1% compared with 3.0% for the same period last fiscal. This sustained growth, though still low, indicates that industrial recovery is on

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GJEPC Confers ’20 Under 40′ Awards

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) honoured 20 emerging industry leaders at the 20 Under 40 Awards, held at BEC during IIJS Bharat Premiere 2026 on 8th August. The awards recognised young entrepreneurs and professionals across manufacturing, retail, diamonds, jewellery, laboratories and allied businesses for their contribution to the industry. The GJEPC leadership present included Mr. Kirit

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Mehul Shah Conferred “Industry Legend” by GJEPC

Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) honoured the ‘Legends of the Industry’ during the IIJS Bharat Premiere exhibition. Globally renowned change-makers in the Industry were invited and honoured in the presence of an august audience. This recognition by GJEPC honoring the change-makers as industry stalwarts descended to receive the recognition. Mr. Mehul Shah, Vice President of Bharat

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‘Made in India’ Jewellery Must Become World’s Trusted Choice: Chirag Paswan at IIJS Bharat Premiere 2026

Mumbai: Mr. Chirag Paswan, Minister of Food Processing Industries, Government of India, today inaugurated the 42nd edition of IIJS Bharat Premiere 2026 at the Bombay Exhibition Centre (BEC), NESCO, Goregaon — highlighting the Indian gem and jewellery sector’s role in strengthening Brand India on the global stage. Joining him as Guests of Honour were Mr. Paul Rowley, Executive Vice President,

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WGC Launches ‘Swarnim Udaan 2047’

Mumbai: The World Gold Council (WGC) yesterday released a landmark vision document for Indian gold industry titled “Swarnim Udaan 2047: Unlocking the Full Potential of Gold Towards Viksit Bharat 2047,”. The report, developed with Monitor Deloitte as knowledge partner, sets out a long-term roadmap to reposition gold as a strategic economic lever for India’s economic growth and global competitiveness.  As

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