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 Largest Platinum Experience Zone at Kalamandir Jewellers, Vadodara

Vadodara: Kalamandir Jewellers has unveiled India’s largest Platinum Experience Zone at its new flagship store in Vadodara, creating a dedicated destination for consumers to explore platinum jewellery across designs, occasions andprice points. The launch strengthens the visibility of platinum jewellery in Gujarat and complements Platinum Guild International’s (PGI) ongoing efforts to build awareness and appreciation for the metal through consumer education, design innovation

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JGW Hong Kong Begins from 14th September

HONG KONG: Next month, the global jewellery industry has only one destination: Hong Kong. Organised by Informa Markets, JGW September (Jewellery & Gem World September) brings together 3,000+ exhibitors from 40+ countries and regions, all showcasing the collections that will define retail displays worldwide. This is the trade’s ultimate B2B sourcing destination: Six specialised buying experiences where attendees move beyond

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GSI Issues India’s First Pigeon Blood Reports

Jaipur: Gemological Science International (GSI), one of the world’s largest gemological organizations, has begun issuing colored stone reports carrying recognized color trade names — Pigeon Blood for ruby, Royal Blue and Padparadscha for sapphire — in Jaipur and Mumbai. It is the first time such reports have been issued in India. The designations are granted only to untreated stones. Heated, diffused or otherwise enhanced material is

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Sky Gold Enters MSCI India Domestic Small Cap Index

Mumbai: Sky Gold & Diamonds Ltd, one of India’s fast-growing jewellery manufacturers, has been added to the MSCI India Domestic Small Cap Index, as part of the latest index review announced by MSCI. The inclusion marks an important milestone for Sky Gold, reflecting the company’s growing presence and relevance within India’s listed small-cap universe. A key development during the current quarter

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