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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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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IGI Adds QR Codes to Grading Reports

New York: The International Gemological Institute (IGI) North America has added QR (quick response) codes to its diamond grading reports. The addition will allow retailers to showcase a “rotating” diamond to consumers, including top and side views – and easily display any diamond laser inscription. The updated system works mobiles or tablets and allows users to “zoom” in on the

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GJC Announces 15th Edition of National Jewellery Awards

Mumbai:   The All India Gem & Jewellery Domestic Council (GJC) proudly announces the 15th edition of the National Jewellery Awards (NJA’26), India’s most prestigious celebration of excellence in the gem and jewellery industry. Widely regarded as the industry’s highest honour, the National Jewellery Awards recognise and celebrate exceptional achievements in jewellery design, manufacturing, retailing, craftsmanship, innovation, and branding. Entries for NJA 2026

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Namibia Delegation Explores Direct India Diamond Trade

Mumbai: A senior Namibian delegation led by Ms. Gaudentia Krohne, Deputy Minister, Ministry of Industries, Mines and Energy, visited India’s Gem & Jewellery Export Promotion Council (GJEPC) office on 11 August as part of a B2B engagement aimed at exploring greater cooperation between Namibia and India’s diamond industry. The delegation included Rehabeam Nepaya, Deputy Director, Diamond Affairs; Secret Ruhaka and

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LML Brand Holdings Expands into Jewellery Segment

New Delhi: Driven by its vision of identifying and revitalising iconic Indian brands that have earned lasting consumer trust, LML Brand Holdings recently announced the acquisition of Asmi and Sangini, marking its entry into the branded jewellery segment. The acquisitions further strengthen the company’s “Reimagining Legends” philosophy of preserving the legacy of well-loved brands while unlocking their next phase of

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Icons Honoured as Industry Legends at IIJS Celebration Night

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) hosted the IIJS Celebration Night on 5th August 2026, following the first day of IIJS Bharat Premiere 2026, bringing together leading figures from the Indian and global gem and jewellery industry for an evening of recognition and celebration. A key highlight of the evening was the felicitation of nine global icons

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