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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GJC Making India a Jewellery Tourism HUB

Mumbai: All India Gem and Jewellery Domestic Council (GJC), the apex trade body that unites manufacturers, wholesalers, retailers and exporters, announced today that it is organising the India Jewellery Shopping Festival (IJSF), the first its kind in the world, to uplift the business scenario across the industry. IDT Gemmological Laboratories Worldwide is the Title sponsor and Divine Solitaires is the

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Registrations Open for CIBJO Congress

Jaipur: CIBJO’s 2023 annual congress will take place in in Jaipur, in the Indian State of Rajasthan, from October 3 to October 5. Pre-congress meetings will be held on October 1 and 2. The hosts of the congress is the Gem & Jewellery Export Promotion Council (GJEPC) and the co-host is the National Gem & Jewellery Council of India (NGJCI).

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KP’s Diversity Should be Source of Strength

Victoria Falls: In her first speech to the Kimberley Process as President of the World Diamond Council, Feriel Zerouki has stressed that the diversity of opinion and background of the KP’s members – Participants and Observers alike – should be considered not a deficiency but rather a source of strength. She was speaking during the Opening Session of the organization’s

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Branded Collections Drive Growth of Platinum Jewellery

Mumbai: As jewellery industry trends continue to evolve, branded jewellery is expected to be a major growth engine in the coming years. Effective branding builds strong consumer relevance and connectivity, which younger consumers appreciate, according to the latest insights from the 2023 Platinum Jewellery Business Review, organised in London by Platinum Guild International (PGI), the global marketing organisation dedicated to

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