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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IIJS 2015 Inaugurated in Mumbai

Mumbai: The 32nd edition of India International Jewellery Show (IIJS) was inaugurated on Monday at Mumbai’s Bombay Convention Centre, by Chief Guest Mrs. Rita Teaotia, India’s Commerce Secretary, accompanied by the Guest of Honour Mr. Paul Rowley, Executive Vice President of De Beers (Global Sightholder sales), Chairman of India’s Gem & Jewellery Export Promotion Council (GJEPC) Mr. Vipul Shah and

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BDB Suspends Suspected Members

Mumbai: The Bharat Diamond Bourse (BDB) suspended the membership of VSM Diamonds Private Limited and a number of individuals connected to the firm after finding that they had traded synthetic diamonds without making proper disclosures. Consequently, the individuals affiliated with the company, and any one representing their interests, are now banned from entering the bourse and trading in it. The

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GIA Introduces Digital-Only Grading Report

New York: The Gemological Institute of America (GIA)’s grading lab has introduced the Diamond Focus Report, a new digital-only report for smaller diamonds that costs around $20. The reports will be issued for natural D-to-Z color round brilliants, weighing between 0.15 cts. and 0.29 cts. They will be issued with a GIA laser inscription with their report number. The results

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Angola’s H1 Diamond Sales Up 35pc to $573m

Luanda: Angola’s diamond sales leaped 35 percent year-on-year in the first half of the year to $573 million from the 4.2 million carats sold. Angolan daily newspaper Jornal de Angola, citing the General Tax Administration, was quoted by Macauhub as reporting that Angola earned $426 million in the first half of 2014 from 4.1 million carats sold. The country’s overall

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Forevermark Diamond Jewellery Opens Store in Mumbai

Mumbai: Forevermark Diamond Jewellery marked a defining milestone in its India journey with the grand opening of the world’s largest flagship store by De Beers Group in Mumbai. Located at Crest Link, Khar West, at the heart of Linking Road, the nearly 5,000 sq. ft. store reflects the brand’s long-term commitment to Indian consumers seeking meaningful, design-led luxury. The marquee

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JewelStart to Elivate India’s Role as “Jeweller to the World”

Mumbai: IIJS Bharat Signature 2026 witnessed a defining moment for India’s gem and jewellery industry with the launch of JewelStart, GJEPC’s first dedicated incubation and acceleration platform for gems, jewellery and allied startups. Unveiled at the show in Mumbai, JewelStart signals a deliberate move to embed structured innovation, entrepreneurship and technology-led problem solving into the industry’s growth story. Conceived as

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Platinum Jewellery Continues to Show Sustained Momentum: Vaishali Banerjee

Mumbai (By Suresh Chotai): India’s platinum jewellery sector delivered a strong performance in 2025, supported by robust consumer demand, innovative product lines, and the metal’s attractive pricing compared to gold. Despite global headwinds and periodic market volatility, domestic retail sales and exports recorded healthy growth, positioning platinum as a compelling choice for modern Indian consumers. According to industry estimates, platinum

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GJEPC Confers Hall of Fame Awards

Mumbai: The Hall of Fame is more than an awards presentation. It is the occasion reflecting the shared values and collective strength of the gem and jewellery community. GJEPC honoured their contributions that have left a lasting impact and continue to inspire the next generation. These are the leaders who have shaped the industry’s journey and its future. Dilip Kumar

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