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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Zimbabwe’s Aurex Diamonds to be Capacitated

Harare: Aurex Diamonds, a subsidiary of the Reserve Bank of Zimbabwe, is set to be capacitated to “enhance” the country’s capacity to export “high value” polished diamonds. The Herald newspaper reports that the central bank had pumped in $1 million towards resumption of Aurex operations. This saw capacity utilization in the jewellery line leaping from less than two percent in

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Superfast Melee Screening Device Developed

Hong Kong: WTOCD (Antwerp Scientific Research Centre for Diamonds) has developed an automatic melee screening device in collaboration with HRD Antwerp. The M-Screen is a superfast, automated, high capacity melee screening device that screens round brilliant diamonds from 1 point to 20 points for potential lab grown diamonds, potential HPHT colour enhanced diamonds and simulants. The M-Screen automatically feeds, screens

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PDE's Roadshow Heading for Mexico

Panama: The capital of Latin America’s most valuable luxury market will be the next destination for the Panama Diamond Exchange’s traveling roadshow, which will visit Mexico City from October 4 through October 6. The delegation of Panama Diamond Exchange members will be led by Judy Meana, PDE Vice President, together with Lilibeth del Castillo, PDE Office Manager. Like previous roadshows,

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Jeffrey Bilgore Elected President of AGTA

New York: The American Gem Trade Association (AGTA) announced the results of its annual board of directors’ election, according to a statement released September 11. Jeffrey Bilgore of Jeffrey Bilgore, LLC, was elected President. Cynthia Renée (Marcusson) of Cynthia Renee, Inc., and Avi Raz of A & Z Pearls, Inc., were re-elected as directors to the board. Kusam Malhotra of

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IIJS Bharat Premiere 2026 Opens with New FTAs, New Markets

Mumbai: The 42nd edition of IIJS Bharat Premiere opened at the Jio World Convention Centre, Mumbai, today, against the most favourable trade backdrop the Indian gem and jewellery industry has ever known. A succession of free trade agreements — with the UAE, Australia, Oman and the United Kingdom, with the European Union and New Zealand to follow — has redrawn

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BDB Hosts Presentation on Fluorescence in Natural Diamonds by GIA Experts

Mumbai: In the latest round of Leadership Series talks hosted by Bharat Diamond Bourse (BDB), two senior experts from the Gemological Institute of America (GIA)-Mr. Sriram Natarajan, Senior Vice President, Global Laboratory Operations, GIA, and Dr. Yun Luo, Director, Metrology and Quality Control, GIA, highlighted some of the institute’s latest scientific research into the impact of fluorescence on the appearance of natural

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INNOV8: Innovative Seminars at IIJS Premiere

Mumbai: The India International Jewellery Show (IIJS) Bharat Premiere 2026, being held by GJEPC between 5th & 10th August at two different venues of Mumbai has, as usual also organized the Innov8, a series of innovative seminar at both the venues. The schedule is given below: Some of the key sessions at BEC Hall 6 include:6 Aug: Luxury Jewellery, Retail

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Qatar Diamond Exchange Joins the WFDB

Doha: The Qatar Diamond Exchange (QDE) has officially been admitted as a member of the World Federation of Diamond Bourses (WFDB), the exclusive organization that – as of now – unites 27 diamond bourses on five continents under common trading rules and a shared code of conduct. QDE’s admission was announced during the 41st World Diamond Congress, convened by the

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