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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WGC Launches “The Moment is Gold” Campaign

Mumbai: The World Gold Council (WGC) yesterday unveiled its new gold jewellery campaign in India. ‘The Moment is Gold’ campaign aims to enhance the relevance and aspiration of gold jewellery amongst Gen Z and Millennials. The campaign showcases gold jewellery as an integral part of everyday moments and fosters a deeper emotional connection with gold, while positioning it as a

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The Next Chapter in India’s Timeless Diamond Story-GA Demands

Mumbai: India’s diamond industry has seen better days. With rising costs, delayed deals, and fewer opportunities, many traders are struggling to keep pace. But a change is here. GA Demands, a mobile-first app built by Indian traders, for Indian traders, is helping the diamond market bounce back — by giving users more control, zero commission fees, and smarter technology to

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Countdown Begins for SAJEX Show

Jeddah: Saudi Arabia is gearing up for the year’s most-awaited B2B Gem and Jewellery Show ‘SAJEX’. The show which begins from 11th to 13th September at Jeddah Superdome, promises an exquisite showcase of jewellery from around the world by 100+ top Jewellery Manufacturers. A 3-day visual extravaganza is waiting to unfold. The show powered by INTERNATIONAL GEMOLOGICAL INSTITUTE (IGI) and

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Diavik Mine Reaches 150 Mln. ct. Milestone

Yellowknife (Canada): Rio Tinto’s Diavik Diamond Mine in the Northwest Territories of Canada hasreached a significant milestone of producing 150 million carats of rough diamonds since the minecommenced production in 2003. Diavik mine, located on an island in a remote sub-Arctic lake, produces predominantly gem quality whitediamonds and a small quantity of yellow diamonds, destined for high end jewellery in

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Platinum Jewellery Shines at Golden Globe Awards

Mumbai: The 2024 awards show season kicked off in high gear with Hollywood’s most notable celebrities opting for a stunning array of jewellery designs set in platinum at the 81st Annual Golden Globe Awards. The luxurious and timeless metal is the perfect fit to complement couture dresses and custom suits. Overall, there was a return to classic Hollywood glamour with sophisticated

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India Gold & Jewellery Summit 2024

New Delhi: India’s Gem & Jewellery Export Promotion Council (GJEPC) in association with the World Gold Council (WGC) has organized ‘India Gold & Jewellery Summit 2024’ in New Delhi’s Bharat Mandapam on 23rd & 24th January 2024. India’s Minister for Commerce & Industry Mr. Piyush Goyal is expected to be the Chief Guest of the event. The two-day will be

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DMIA to Launch Diamond Screening & Verification Lab

New York: The Diamond Manufacturers & Importers Association of America (DMIA) will hold a special member meeting to announce the launch and opening of the DMIA Diamond Screening and Verification Laboratory and the collaboration between DMIA and the International Gemological Institute (IGI) to develop a same-day diamond verification service. The event will be held at 12:00 noon on Wednesday, January

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Devendra Fadnavis Inaugurated Signature & IGJME

Mumbai: Gems & jewellery industry belongs to Mumbai as Mumbai accounts for 72% of the annual USD 37 bn of exports, proclaimed Dr. Devendra Fadnavis, Hon. Dy. Chief Minister of Maharashtra, while inaugurating the largest-ever IIJS Signature & IGJME 2024 twin Exhibitions organised by the Gem & Jewellery Export Promotion Council (GJEPC) at the Bombay Exhibition Centre, NESCO Goregaon. For

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