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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Top News

The Top 10 Wealthiest Jewellers in India

Mumbai: T. S. Kalayanaraman, the chairman and managing director of Kalyan Jewellers, claimed the top spot on a Wealth-X list of India’s wealthiest jewellers released today with a personal fortune of US$1.3 billion. Kalayanaraman opened his first jewellery shop in Thrissur City in 1993 with only US$100,000 of capital, and his business has since expanded to 32 showrooms across South

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Australia to Withdraw Candidacy for KP Vice Chair

Luanda: In a surprise move, Australia will shortly confirm its withdrawal from the race for the vice chair of the Kimberley Process (KP), having expressed its intention to do so during the final day of the intercessional meeting in Luanda on Friday. When the KP meeting began on June 22, it was reported that both Australia and their rival for

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Ban on CAR Diamonds Partially Lifted

Luanda: Radio France International reports that at the intersessional meeting of the Kimberley Process in Luanda, the organization that regulates the diamond trade, the decision was made on Friday 26 to partially lift the embargo on the Central African Republic for two years. The diamonds mined in the “green zone”, that is to say in the west of the country,

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Andrew Bone to Head Responsible Jewellery Council

New York: Longtime De Beers executive Andrew Bone will take over the role of executive director of the Responsible Jewellery Council (RJC), according to JCK. A three-decade veteran of De Beers, Bone served as the company’s global head of government and industry relations and also served as vice president of the World Diamond Council. The appointment marks something of a

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Aurya Diamonds Enters the Market

Bengaluru: Aurya Diamonds, a Bengaluru-based fine jewellery brand that is reimagining how modern India experiences diamonds through certified lab-grown stones and a design-first, transparent retail philosophy. Founded by Shikha Dadha and co-founded by Saad Salman, Aurya marks its entry into the Indian market with a state-of-the-art experiential jewellery gallery in Bengaluru—moving away from traditional “behind-the-glass” retail to a more immersive, interactive, and consumer-centric format.

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Tracr Appoints Jillian Wolk as CEO

New York: Tracr has announced the appointment of Jillian Wolk as Chief Executive Officer, effective 1 May 2026. Ms. Jillian joins Tracr following senior leadership roles across the jewellery, luxury and technology sectors. Most recently, she served as Vice President, Growth & Strategic Initiatives at GIA, where she developed new services and drove diversified revenue, strengthened commercial strategy, and supported

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IIGJ Presents Glimpz’26 Annual Award Ceremony

Mumbai: The Indian Institute of Gems & Jewellery (IIGJ) presented Glimpz’26, its annual exhibition and awards ceremony showcasing the graduating batch of B.A. in Gems & Jewellery Design (2023–26).Held at the Bharat Ratnam – Mega CFC Auditorium, the event brought together industry leaders, mentors, and emerging design talent on a common platform—celebrating creativity, craftsmanship, and the future of Indian jewellery.

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End of Diamond Production at Diavik Mine

Toronto: Diamond production at the Diavik mine, in Canada’s Northwest Territories, came to an end last week after 23 years. It produced over 150 million carats during its lifetime, more than either of NWT’s other mines – Ekati (owned by Burgundy) and Gahcho Kue (joint venture, De Beers and Mountain Province ). The closure on Thursday, 26 March 2026, also

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