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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Lucara to Hold First Exceptional Stone Tender of '15

Gaborone: Lucara Diamond Corp. has announced its first Exceptional Stone Tender of 2015. Viewing will take place in Gaborone from July 6 until July 16. The tender will be lead by the sale of the 342-carat diamond, recovered from the Karowe Mine in April last year. The company said that up to 16 diamonds will be sold on tender, including

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Diamondcorp Loss Widens, Mining Starts at Lace

London: DiamondCorp said its loss for the year ended December, 31, 2014 widened to £3.25-million from £2.61 million a year earlier. The loss included administrative expenses of £1.6-million which have, however, fallen for the third year in a row as a result of “careful” attention to cost control, the company said in a statement. Cash on hand at 31 December

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ALROSA Cut Rough Diamond Prices By 2-3%

Moscow: ALROSA reduced diamond prices to long-term customers by 2-3 percent during the trading session in May, according to the representative of the Indian diamantaire Rosy Blue in Russia Ashot Badalyan cited by Interfax. The required level of procurement (selection limit) remained at the same 90 percent, customers may defer only 10% of their monthly norm of diamond purchases, he

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Blom Expects JCK Show to Provide Solid Results

Antwerp: World Federation of Diamond Bourses (WFDB) President Ernie Blom believes the May 29-June 1 JCK Show in Las Vegas will show that the U.S. market is solid and providing a strong base at a time of varied challenges for the global diamond industry. “With other large markets proving to be somewhat weak currently, it is critical that the United

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GJS-2026 Inaugurated by Mr. Uday Samant 

Mumbai: The All India Gem & Jewellery Domestic Council (GJC) proudly inaugurated the 10th edition of the India Gem & Jewellery Show (GJS 2026 Diwali Edition), celebrated as #HumaraApnaShow—India’s most premium B2B jewellery exhibition—at the iconic Jio World Convention Centre, Mumbai. Inaugurated 2nd October, the show will continue until October 4, 2026, bringing together jewellers, designers, buyers, and industry leaders

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IAGES Brings Together Accredited Gold Ind. Stakeholders at Trust Circle

New Delhi: The Indian Association for Gold Excellence and Standards (IAGES) hosted its Trust Circle 2026 event at The Oberoi, New Delhi, bringing Accredited Partners and stakeholders from across the gold value chain together for an evening centred on trust, transparency and responsible practices in the sector. The event drew representatives from diverse segments of the gold ecosystem, including refining,

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NGS, De Beers Renew Okavango Eternal Partnership

New York: The National Geographic Society (NGS) and De Beers Group have announced the renewal of the Okavango Eternal partnership for an additional five years, reaffirming their commitment to the long-term protection of the Okavango River Basin (“the Basin”) and to conservation-related livelihood opportunities for the people who live there and help steward it. One of Africa’s most vital wetland

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Anera Silver Opens its First Store in Bengaluru

Bengaluru: Anera Silver by Kushals announced the opening of its first store in Bengaluru’s HSR Layout on 26thSeptember, marking the beginning of an ambitious retail journey for the newly launched jewellery brand. Founded by Kalpesh Gulechha, Anera Silver has been createdwith a clear point of view to build a jewellery destination where design, craftsmanship, collections and the overall experience take

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