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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Top News

New Blood Diamond Report on 30th Sep

Johannesburg: Amnesty International announced that it will publish a new report on the diamond industry that focuses on the Central African Republic (CAR), where illicit trade continues unabated amid sweeping conflict. Research for the report was conducted in the CAR, neighboring countries and diamond-trading centers, Antwerp and Dubai, according to an Amnesty announcement. The findings revealed systematic failures in preventing

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New Appointments in RJC

New York: The Responsible Jewellery Council (RJC) has appointed Anne-Marie Fleury as its Standards and Impacts director. The organization also recently appointed Bethan Herbert as Certification and Impacts manager. Fleury will work alongside executive director Andrew Bone and chief operations officer Catherine Sproule and will be responsible for providing strategic and technical leadership in standards development, certification, assurance, impact measurement

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Winners of 'World Skills India' Jewellery Com'tion

Jaipur: Sanjay Pramanik, Sweta Singh, Savita Palariya and Ashrof Jamal are the national winners of the ‘World Skills India’ Jewellery competition conducted by the Gem & Jewellery Skill Council of India (GJSCI) at IIGJ Jaipur on 19th September which concluded with a formal function where winners were announced and awarded with medallion and certificate. Guests who were present during the

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Ernie Blom: Diamond Industry Can Be Positive

Antwerp: World Federation of Diamond Bourses (WFDB) President Ernie Blom believes the global diamond trade can be positive ahead of the upcoming holiday sales season due to recent events. Blom said that initial indications from the September Hong Kong Gems and Jewellery Fair were that it had been solid. Meanwhile, price cuts by De Beers and Alrosa were bringing prices

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India’s G&J Industry Welcomes GST Reforms

Mumbai: The Indian Gem & Jewellery industry (G&J) expressed its sincere gratitude to India’s Finance Minister Mrs. Nirmala Sitharaman for the landmark GST reform recommendations approved at the 57th GST Council meeting. These progressive recommendations are a significant step towards enhancing ease of doing business, strengthening export competitiveness and creating a more enabling environment for the growth of India’s Gem

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Momentum is Building for Basilia Jewellery & Watch Fair

Basel: Three months after its launch, it is clear that Basilia Jewellery & Watch Fair, organised by Informa Markets and MCH Group, meets a strong need with its gateway trade fair for the jewellery, watch and gemstone industries in Asia and Europe. Strong market demand has already brought exhibitor registrations to 70% of the target for the inaugural edition, which

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Men of Platinum Expands Collection with New Designs 

Mumbai: Platinum Guild International (PGI) India has unveiled a new Men of Platinum collection featuring chains, pendants, bracelets and rings designed for men at different stages of their journey. Endorsed by Rohit Sharma and Anirudh Ravichander in the brand’s new campaign, the collection brings to life a central belief: enduring success is forged through character—the conviction to forge your own

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De Beers and Botswana Extend Partnership with Letsile Tebogo

London: De Beers Group and the Government of the Republic of Botswana today announced the extension of De Beers’ partnership with Olympic champion and Botswana sporting icon Letsile Tebogo. Originally launched in January 2025, when Tebogo was appointed a De Beers Global Ambassador, the partnership has now been expanded into a three-year programme of work between De Beers and the

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