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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IDMA Welcomes Creation of DPA by Producers

Tel Aviv: The IDMA members attending the 2015 Presidents’ Meeting welcomed the recently announced decision of the world’s leading diamond producers to establish the Diamond Producers Association (DPA), an organization committed to, among other matters, “maintaining and enhancing consumer demand for and confidence in diamonds including joint category marketing initiatives. IDMA President Maxim Shkadov and Secretary General Ronnie VanderLinden both

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Israel is The Best Place to Do Business in Diamonds

Ramat Gan: The Israel Diamond Exchange (IsDE) announced that registration to the Summer Edition of the International Diamond Week in Israel (IDWI) (August 31 – September 4, 2015) is now open. Registered – and confirmed – buyers will be offered three free nights in the IDWI venue hotel. “Once again, we are determined to prolong the success of this fabulous

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Ind-Ra Maintains Stable Outlook on G&J

Mumbai: India Ratings and Research (Ind-Ra) has maintained a Stable Outlook for gems and jewellery exporters as well as retailers for FY16. However, it expects retailers to outshine exporters. Exporters are likely to register muted revenue growth of 3%-5% as global demand is exhibiting mixed signals, with the US and China showing improving and declining trends, respectively. Average industry EBITDA

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Istanbul Chamber of Jewelry and WJH sign MOU

Istanbul: The Istanbul Chamber of Jewelry (IKO), a leading jewelry trade organization in Turkey, and the World Jewelry Hub, the first dedicated business center in Latin America for the diamond, colored gemstone and jewelry sectors, have concluded a Memorandum of Understanding, according to which the two sides will cooperate in the growth and development of the jewelry industries and markets

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Augmont Launches SPOT 2.0 for Efficient Business

Mumbai: Augmont, India’s Gold Platform has announced the launch of SPOT 2.0 — an improved trading platform application that consolidates every Augmont product and service into a single, secure, and intuitive interface. Designed specifically for jewellers, manufacturers, and retail customers, SPOT 2.0 replaces the fragmentation of multiple tools under a unified platform that puts the entire bullion trading ecosystem offered by Augmont

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Lukson Jewels Grows with 25% Month on Month Expansion

Mumbai: Lukson Jewels, India’s emerging lab grown diamond (LGD) jewellery brand founded by third generation diamantaire Anand Lukhi, is witnessing accelerated growth as demand for conscious luxury and everyday fine jewellery rises among Millennial and Gen Z consumers. Backed by the 34-year legacy of the JK Star Group, the brand continues to strengthen its position within the evolving fine jewellery

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GJEPC Offers Exciting Prizes at IIJS Tritiya Show

Bengaluru: Count-down has begun for the much awaited IIJS Bharat Tritiya Show at Bengaluru International Exhibition Centre to be held between 21st to 23rd March 2026. India’s Gem & Jewellery Export Promotion Council (GJEPC), the organizer of the Show has added a new attraction this year offering bumper prices like Mercedes Benz, Mahindra Thar cars and many more. The Mega

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WGC Unveils ‘The Moment is Gold 2.0’ Campaign

Mumbai: The World Gold Council (WGC) has recently launched the second phase of its campaign, ‘The Moment is Gold’, reinforcing gold’s evolving role in contemporary lifestyles. With its second phase, the campaign positions gold as a modern social currency celebrating personal milestones, individual aspirations, and meaningful everyday achievements beyond traditional occasions. The initiative reflects a clear cultural shift, where gold

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