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

Read More »

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

Read More »

Top News

India not to Use Gold Deposits as Part of CRR, SLR

New Delhi: The Indian government has dropped plans to utilize gold mobilized under the proposed Monetization scheme for meeting mandatory liquidity requirements for banks, as it wants to avoid another confrontation with Reserve Bank of India (RBI). The government dropped plan to use gold deposits as part of CRR, SLR in gold monetization scheme because of opposition from RBI, sources

Read More »

IIJS 2015 Ended with Enhanced Response

Mumbai: The 32nd edition India International Jewellery Show (IIJS) ended here on 10th August with more response than the exhibitors and organizers had expected. Huge debacle in gold prices is said to have inspired strong traffic at the show. Now domestic jewelers expect enhanced sales during the upcoming festive and wedding season. The show, supposed to be Asia’s largest is

Read More »

“Zimbabwe Mining Consolidation of Little Purpose”

Harare: A member of parliament for Zimbabwe’s opposition Movement for Democratic Change (MDC) has claimed that the planned consolidation of the country’s diamond mining companies in Marange is of “little purpose”. Eddie Cross, an economist, said although less was known about the remaining deposits at Marange, it was believed that a sheet of agglomerate across much of the site was

Read More »

Colombia to Host Emerald Symposium in October

Bogota: Colombia is hosting the inaugural International Emerald Symposium scheduled for October 13 to 15 in Bogotá. The conference, which will be held at the Sheraton Bogotá Hotel, is organised by Fedesmeraldas (Colombian Emerald Federation), Acodes (Emerald Exporters Association), ASOCOESMERAL (Colombia Emerald Dealers Association), APRECOL (Colombian Emerald Miners Association), Agencia Nacional de Mineria (National Mining Agency), Minminas (Ministry of Mines

Read More »

Empower Africa to Host 9th Peace Diamond Trade Mission

Freetown (Sierra Leone): Empower Africa will welcome an international delegation of diamond and jewelry professionals to Sierra Leone for the 9th Peace Diamond Trade Mission, October 11–16, 2026, reconnecting the global diamond industry with the people and communities at the source of the natural diamond supply chain. The six-day mission will bring together diamantaires,manufacturers, retailers, designers, traders, mining professionals, investors,

Read More »

Belgian PM Visited Bharat Diamond Diamond Bourse

Mumbai: Bharat Diamond Bourse (BDB), on behalf of the entire Indian diamond industry, was honoured to welcome H.E. Mr. Bart De Wever, Prime Minister of the Kingdom of Belgium and his official delegation on their visit to the Bourse at BKC, Mumbai, yesterday. It marked a historic new milestone in the over 100-year partnership between the diamond industries of the

Read More »

IIJS Bharat Premiere-the Show that Broke all Records

Mumbai: 42nd edition of IIJS Bharat Premiere 2026, organized by the Gem & Jewellery Export Promotion Counci (GJEPC), concluded in Mumbai on 10th August, the strongest B2B edition in the show’s 25year history. The numbers tell all. Spanning 135,000 sq. metres across the Jio World Convention Centre (JWCC) and the Bombay Exhibition Centre (BEC), the show hosted 2,100+ exhibitors across

Read More »
GJC logo

IIM Ahmedabad & GJC Continue Landmark Collaboration

Ahmedabad:  All India Gem & Jewellery Domestic Council (GJC), the apex body of India’s gems and jewellery sector, is building on the resounding success of last year’s inaugural edition by advancing its landmark collaboration with IIM Ahmedabad through GemLead Focus — an exclusive executive masterclass designed to redefine leadership, excellence, and advanced development for the industry. This year’s programme, held from 31st August to 3rd September 2026 at

Read More »

Latest Videos