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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SA Invites Indian Firms to Set Up Jewellery Units

New Delhi: South Africa has invited Indian companies to invest in jewellery manufacturing units in the country by taking advantage of its latest policies, reports ETRetail.com. Under the new industry policy programme, South Africa is encouraging jewellery manufacturing activities that will help add value to its raw materials including gold, silver and a variety of minerals. At the event organized

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Hallmarking Should Be Made Compulsary: WGC

New Delhi: A new report, Developing Indian Hallmarking – A roadmap for future growth, released today by the World Gold Council (WGC), finds that improvements to the hallmarking system in India are essential to a successful Gold Monetization Scheme (GMS). The report provides an in-depth assessment of the current Indian hallmarking system and a summary of international best practice methods.

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Saurabh Gadgil Appointed Vice President of IBJA

Mumbai: Saurabh Gadgil, Chairman & Managing Director of P. N. Gadgil Jewellers has been appointed as the Vice President (VP) of India Bullion & Jewellers Association Ltd. (IBJA) for the West Zone. Mr. Gadgil will take over from Prithviraj Kothari, the former Vice President of IBJA and get hold of all the responsibilities and duties as the newly elected member

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P.N. Gadgil Jewellers Bags Three National Awards

Mumbai: P. N. Gadgil Jewellers Pvt. Ltd won three awards at the ‘National Award for Marketing Excellence 2015’, recently held in Mumbai. The award ceremony was hosted by the World Marketing Congress and supported by CMO Asia. The award ceremony marked the magnanimous achievements of the brand under the categories ‘Emerging Brand Award’, for achieving astonishing heights, ‘Brand Revitalization Award’,

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How Many Years will the Diamonds Reserves Last?

Mumbai: Global economically viable diamond reserves are estimated at about 1.8 billion carats. At the current annual production level of roughly 90 million carats, these reserves are expected to sustain the market for around 20 years. The estimate was shared by Sergey Takhiev, Head of Corporate Finance and Investor Relations at Alrosa. More than half of the world’s diamond reserves

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Oman Abolishes Import Duty on Indian Jewellery

Mumbai: The India–Oman Comprehensive Economic Partnership Agreement (CEPA), which abolishes customs duty on imports of gems and jewellery in Oman from India, is expected to significantly boost India’s exports to Oman and strengthen direct trade linkages between the two countries, according to the Gem & Jewellery Export Promotion Council (GJEPC). India’s gem and jewellery exports to Oman currently stand at

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BDB Honoured with Excellence in Surveillance Award

Mumbai: Bharat Diamond Bourse (BDB), the world’s largest diamond trading hub, has been awarded the Excellence in Surveillance Award at the prestigious IFSEC India Awards 2025, in recognition of its outstanding leadership in security management and advanced surveillance practices. The IFSEC India Awards are among the most respected recognitions in the security and safety industry, celebrating organizations that demonstrate innovation,

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Comprehensive Discussion on Govt. G&J Policy

Mumbai: Bharat Diamond Bourse (BDB), in association with the Gem & Jewellery Export Promotion Council (GJEPC), organized an exclusive awareness and outreach session on the Maharashtra Gems & Jewellery (G&J) Policy 2025. The event featured an engaging and insightful interaction with Mr. Deependra Singh Kushwah (IAS), Development Commissioner (Industries), Government of Maharashtra whose forward-looking perspective offered industry stakeholders a comprehensive

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