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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Antwerp Diamond Industry Second Quarter Figures

Antwerp: The figures from the first half of 2015 show that the Antwerp diamond industry traded fewer rough diamonds from January through June in comparison to last year. The trade figures for polished diamonds paint a more positive picture. Rough diamond trade: The trade figures for rough diamonds are in line with the figures from the first quarter of 2015.

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HRD Discovers Hard-To-Detect Synthetic Rough

Antwerp: Producers are now able to create synthetic rough diamonds in shapes identical to natural rough diamonds, HRD Antwerp reported on Friday. Until now, synthetic rough diamonds could be identified by their shape, either cubo-octahedral if produced using the high-pressure high-temperature (HPHT) technique or a plate structure if produced using chemical vapor deposition (CVD). HRD lab says synthetic rough diamonds

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ABN Amro Sponsors Jewelry Industry Summit

New York: ABN Amro Bank signed on to sponsor the upcoming Jewelry Industry Summit, which is scheduled for March 10 to 13, 2016 in New York City. The event’s first corporate sponsor was the JA New York Show. The Jewelry Industry Summit is designed as an interactive workshop meant to drive discussions on sustainability and responsible sourcing. Event organizers anticipate

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IDW Unites Four Centres on One Floor

Ramat Gan: During the first week of upcoming September, the trading floor of the Israel Diamond Exchange (IDE) will witness a unique phenomenon: members of diamond bourses from the world’s four leading diamond centers – Antwerp, Mumbai, New York and Ramat Gan – will be trading together during the Summer Edition of the International Diamond Week in Israel (IDWI). “Luckily,

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IIJS Bharat Premiere Receives Special Messages from India’s FM, Gujarat CM

Mumbai: IIJS Bharat – Premiere 2026 has received special messages from India’s Finance Minister and Minister of Corporate Affairs, Mrs. Nirmala Sitharaman and also from Gujarat Chief Minister Mr. Bhupendra Patel, recognizing India’s growing leadership in the global gem & jewellery industry. IIJS Bharat Premiere has grown into one of the world’s leading business platforms for the gem and jewellery

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PNG Jewellers Achieves Record Q1 FY27 Revenue of 24,130 Mn

Pune: P N Gadgil Jewellers Limited has announced its unaudited financial results for the quarter ended 30th June 2026. Key Financial & Operational Highlights: §  Retail Contribution: Retail sales continued to strengthen, with the retail share of total revenue increasing to 78% in Q1 FY27 from 70% in Q1 FY26, reflecting the Company’s continued focus on expanding its high-margin retail business. §  Strong Same-Store Performance: The Company delivered a robust Same-Store Sales Growth (SSSG) of 46.1% YoY, driven by healthy

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US Tariff Could Dent Growth of India’s G&J Industry: GJC

Mumbai: The United States (US) has maintained a 10% additional tariff on Indian gem and jewellery (G&J) exports under a permanent Section 301 regime, which replaced the previous temporary Section 122 surcharge on July 24, 2026. This duty applies to natural diamonds, lab-grown diamonds, coloured gemstones, and finished jewellery, impacting India’s primary overseas market. Expressing his dissatisfaction on the move,

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The Platinum Buyer Seller Meet Ends Successfully

Kochi: The Platinum Buyer-Seller Meet (BSM) 2026, hosted by Platinum Guild International (PGI) in Kochi on 8th & 9th July, brought together 10 manufacturers, more than 70 retailers and industry partners for discussions on product innovation, changing consumer demand and the future growth of platinum jewellery in India. Over the last few years, platinum jewellery has sustained double-digit growth in

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