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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Mumbai Gold Entities to Elevate Industry Standard in India

Mumbai: The dynamically growing Indian gold industry has a new custodian created by the gold industry, for the gold industry. The Indian Association for Gold Excellence and Standards (IAGES), a Self-Regulatory Organization (SRO) is all set to implement the framework for the current gold ecosystem by promoting fair, transparent, and sustainable practices under a strict Code of Conduct outlining the

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Gemfields Generates $32 Mln. from Emerald Auction

London: Gemstone miner Gemfields generated $32 million in revenue from an auction of high-quality rough emeralds sourced from its 75%-owned Kagem mine in Zambia. The auction, held from August 25 to September 11, saw all 38 lots successfully sold at an average realised price of $160.78/ct. Among the highlights was an exceptional 11 685 ct gemstone, named Imboo (meaning “buffalo”),

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SAJEX: a Catalyst for Enhancing Bilateral Relations

Jeddah: Saudi Arabia presents significant opportunities for the Indian gem and jewellery (G&J) market, and SAJEX serves not merely as an exhibition, but as a vital catalyst for enhancing bilateral relations and creating shared value for both economies. GJEPC aspires for this event to gain widespread recognition and to become a staple on Jeddah’s event calendar, thereby stimulating the local

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New Export Opportunities for India’s G&J in Saudi Arabia

Jeddah: The Saudi Arabia Jewellery Exposition (SAJEX 2025), the first-ever dedicated B2B gems and jewellery (G&J) exhibition in the Kingdom, was inaugurated yesterday at the iconic Jeddah Superdome. Organized by the Gem & Jewellery Export Promotion Council (GJEPC) with the support of the Ministry of Commerce & Industry, Government of India, the Embassy of India in Riyadh, and the Consulate

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Plot Allotted for Jaipur Gem & Jewellery Bourse

Jaipur: India’s Gem & Jewellery Export Promotion Council (GJEPC), the apex trade body sponsored by the Ministry of Commerce & Industry, Govt of India has teamed up with the Jewellers Association Jaipur (JAJ) to form a special purpose vehicle (SPV), Jaipur Gem & Jewellery Board (JGJB) to implement the first-of-its-kind Jaipur Gem & Jewellery Bourse ‘dream project’. This global gemstone

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Govt. of Wallonia invests €250,000 in iTraceiT

Hennuyeres, (Wallonia, Belgium): iTraceiT, an independent, third-party company specializing in traceability solutions and the creator of the world’s first digital diamond passport, has received a grant of €250,000 from the Walloon government’s investment fund W.IN.G (Wallonia Innovation and Growth). The funding will contribute toward the expansion of iTraceiT’s marketing and sales program and the company’s foothold in India and the

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Sparkle ’23 Ended Successfully

Surat: The Sparkle International Gems and Jewellery Exhibition-2023, organized by Southern Gujarat Chamber of Commerce and Industry (SGCCI) and South Gujarat Chamber Trade and Industry Development Center at Pandit Deendayal Upadhyaya Indoor Stadium in Athwa lines, Surat on 25, 26 and 27th August, concluded with a great success note. The three-day exhibition showcased both traditional and innovative jewellery designs. The

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SKY in Men of Platinum’s Latest Campaign

Mumbai: Platinum Guild International (PGI) India’s Men of Platinum introduces a new chapter of their extraordinary narrative. Capturing the essence of a true man of character, the brand welcomes leading cricketer “SKY”-Suryakumar Yadav into their fold. Selected as the face of their latest campaign, Suryakumar’s journey mirrors the enduring rare qualities that platinum stands for. Six captivating digital films, a television rendition, print &

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