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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IDE Holds Symposium to Discuss Current Issues

Ramat Gan: The Israel Diamond Exchange (IDE) held a symposium Tuesday, attended by more than 50 bourse members, with the aim of discussing the main challenges facing the industry during this time of crisis. IDE President Shmuel Schnitzer said that the purpose of the special meeting was to “hear bourse members and discuss suggestions so we can strengthen the ties

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IIJS-2015: OBMP Goes Live on Website

Mumbai: The Online Business Matching Program (OBMP), a special feature that allows registered visitors to connect with exhibitors at the show has now gone live on the India International Jewellery Show (IIJS) website – www.iijs.org. The programme allows a pre-registered buyer to view the products being offered by different exhibitors, post business-related inquiries and fix pre-scheduled appointments with those they

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65% Goods Unsold in De Beers July sight

Gaborone: De Beers July sight is said to have raked in about $200 million amid the rejection of some goods by sightholders. Rapaport reports that the amount of goods left on the table had exceeded about 65 percent of the initial sight value. The size of the sight was also said to be the “lowest” for De Beers since the

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ALROSA's 1H Rough Diamond Sales Drop 22%

Moscow: ALROSA sold 18 million carats of rough diamonds for $2.1 billion in the first half of 2015, representing a significant decline from a year earlier. The mining company sold 21.1 million carats for $2.7 billion in the first six months of 2014. ALROSA noted a continued slowdown in the diamond market during the second quarter of this year. The

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Sky Gold & Diamonds Delivers Robust FY26 Performance

Mumbai: Sky Gold & Diamonds, a leading gold manufacturing company and a key partner to retail chains such as Tanishq, Kalyan Jewellers, and Malabar Gold & Diamonds, has declared its Q4 & FY26 Results. The company has reported a robust FY26 performance with consolidated revenue rising 77.4% YoY to ₹6,295 crore and PAT increasing 112.4% YoY to ₹282 crore, supported by strong execution, improving margins and operational

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JewelStart Industry Innovation Challenge 2026 Launched

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in collaboration with SINE, IIT Bombay, has launched the first edition of the JewelStart Industry Innovation Challenge 2026, a national platform aimed at bringing startup-led innovation into India’s gems and jewellery sector. The challenge invites startups, innovators and technology solution providers to address pressing industry needs across the jewellery value chain,

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CIBJO Warns Against ‘Fraudulent Representatives’

Milan: The World Jewellery Confederation (CIBJO) is issuing an urgent warning about individuals claiming to represent CIBJO or bodies directly affiliated with CIBJO, offering products and/or financial instruments endorsed by CIBJO. The existence of such claims was brought to CIBJO’s attention yesterday, May 24, 2026, which are similar to other claims reported to us in January of this year, when

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Inputs from GJEPC on GMS & CAD Reduction

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in reference to the meeting held on 22nd May 2026 with key industry associations, to deliberate on measures for reducing the Current Account Deficit (CAD), particularly in the context of gold imports and domestic gold mobilization, is coordinating with its members to formulate some suggestions on Gold Monetization Scheme (GMS) and

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